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Listed by Ray Rodriguez • Compass
$ 6,300,000
Est. payment | /mo
13,302 SqFt
$ 6,300,000
Est. payment | /mo
13,302 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 13,302 sqft
Price per Sqft $473
MLS Listing ID ML81992938
HOA Y/N No
Originating Board Datashare MLSListings
Year Built 1964
Lot Size 10,890 Sqft
Property Sub-Type Other
Property Description
Since 2020, this property has seen significant updates, with around $1 million invested in both interior and exterior renovations. It features fifteen spacious one-bedroom, one-bathroom units with open-concept floor plans. A portion of water, trash and sewer is billed back to landlord from the tenants. One of the units is currently vacant. The newly remodeled apartments highlight modern design elements, including premium Frigidaire stainless steel appliances, recessed LED lighting, engineered laminate flooring, and updated kitchens and bathrooms with snow white quartz countertops and high-end cabinetry. Many units also feature Wi-Fi-enabled lighting compatible with Amazon Alexa. Exterior improvements include a new TPO vinyl roof, refreshed landscaping, a new water heater, and a fresh coat of paint. The property offers 15 assigned garages, plus six additional parking spaces, along with private balconies for many units, a central communal area, and an on-site laundry room equipped with two washers and dryers. The property is conveniently across from Costco Wholesale, near downtown Redwood City, and close to employers like Meta and Google. With its strong appeal and excellent location, the property benefits from a robust rental market and historically low vacancy rates.
Location
State CA
County San Mateo
Interior
Heating Wall Furnace
Cooling Other
Fireplace No
Exterior
Handicap Access Other
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