62 Winslow Street, Redwood City, CA 94063
Commercial property
Sold March 2024
Listing Agent: Matthew Thomson (DRE #01471708) · Listing Office: Newmark Cornish & Carey · Contact: (408) 727-9600 · Bought with: Larry Aikins · Terrace Associates · MLS #ML81949532 · Source: CRMLS
About this commercial property
62 Winslow Street offers an investor a unique opportunity to acquire a well-maintained property strategically positioned near the heart of booming downtown Redwood City. The building sits on a 4,500 SF Lot with 3,686 SF of rentable space. The complex benefits from an attractive unit mix of (1) Two-Bedroom/ One-Bath Unit and (4) One-Bedroom / One Bath Units. The 2-bedroom unit and one of the 1-bedroom units was recently extensively renovated. The property has dual pane windows throughout the entire building and an onsite Laundry Facility. Strong in-place rents providing day-one Cap Rate of 5.69%. All tenants enjoy a large common area patio space that offers a new owner add-value opportunity with enhanced amenities. Tenants also benefit from 5 private garage spaces. 62 Winslow is in a fantastic location only a short walk from all the attractive amenities of downtown Redwood City.
Listing description from the March 2024 sale, as reported to CRMLS.
Sale history