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Listed by Rachid Atie • SC Properties, DRE#02095614
$4,000,000
Est. payment /mo
4 Beds
3 Baths
6,744 SqFt
New
1024 10th AVE Redwood City, CA 94063
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Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 6,744 sqft
Price per Sqft $593
MLS Listing ID ML82057221
Bedrooms 4
Full Baths 3
Year Built 1953
Lot Size 0.505 Acres
Property Sub-Type Five or More Units
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 Dumbarton Etc.
Zoning R-2
Interior
Heating Central Forced Air
Cooling Central AC
Exterior
Parking Features Assigned Spaces, Attached Garage, Guest / Visitor Parking
Garage Spaces 4.0
Utilities Available Public Utilities
Roof Type Shingle
Building
Foundation Concrete Perimeter, Concrete Slab
Sewer Sewer - Public
Water Public
Others
Restrictions None
Tax ID 055-043-830
Security Features Other
Special Listing Condition Not Applicable
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