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$ 3,395,000
Est. payment | /mo
7,265 Sqft Lot
$ 3,395,000
Est. payment | /mo
7,265 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82033415
HOA Y/N No
Year Built 1953
Annual Tax Amount $38,462
Lot Size 7,265 Sqft
Property Description
Introducing 116 Pine St. in downtown Redwood City. The property features 10 fully renovated units (kitchens, baths, floors, doors, electrical, etc.) and offers three 2 bedroom 1 bathroom units and seven 1 bedroom 1 bathroom units. It sports an insanely desirable WalkScore of 94. Most importantly it is located one block from the 8 acre $600,000,000 Elko Yards development project. There's nothing but upside in this pocket of Redwood City and this investment provides solid returns immediately. Strong in-place RUBS. In close proximity to all the dining, shopping & entertainment amenities of Downtown Redwood City. Strategically located between San Francisco and San Jose, Redwood City continues to be one of the most dynamic and rapidly growing cities on the mid-Peninsula.
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning Multifamily
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Carport Spaces 8
Roof Type Flat
Total Parking Spaces 1
Building
Water Public
Schools
School District Other
Others
Tax ID 053195080
Special Listing Condition Standard
Listed by Steve Zirelli Cornish & Carey Commercial #01929245
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