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$ 4,000,000
Est. payment | /mo
0.51 Acres Lot
$ 4,000,000
Est. payment | /mo
0.51 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82057221
HOA Y/N No
Year Built 1953
Annual Tax Amount $23,597
Lot Size 0.505 Acres
Property Description
SC Properties is pleased to exclusively offer for sale 1024 10th Avenue, Redwood City a well-maintained six-unit apartment property offering investors the opportunity to acquire a quality multifamily asset in the heart of Redwood City. Four of the six units, consisting of two duplexes, were newly constructed in 2015, while the original front duplex was completely renovated inside and out during the same redevelopment. The property was comprehensively improved with new asphalt paving, decorative pavers, fire sprinklers, bioswale improvements, curbs, fencing, landscaping, and modern infrastructure throughout. The spacious units feature private garages, yards, in-unit laundry, and contemporary finishes, creating a highly desirable living environment with low ongoing management responsibilities. Ideally located just three miles from Meta's Menlo Park campus and only minutes from Downtown Redwood City, the property offers convenient access to major employers, Caltrain, Highway 101, shopping, dining, and entertainment. With strong in-place income and additional rental upside, 1024 10th Avenue presents an outstanding long-term investment opportunity in one of the Peninsula's most sought-after rental markets
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning R-2
Interior
Heating Central
Cooling Central Air
Fireplace No
Exterior
Roof Type Shingle
Total Parking Spaces 6
Building
Water Public
Schools
School District Other
Others
Tax ID 055043830
Special Listing Condition Standard

Listed by Rachid Atie SC Properties #02095614
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