Back to Search Nalren

$3,895,000

Pending

1024 10th Avenue

Redwood City CA 94063

6,744

SF

Commercial

Type

1953

Built

$578/SF

Cost/SF

88 days on marketNalren refreshed

Listing Agent

Rachid Atie

Listing Agent

DRE #: 02095614

(650) 342-3030

Brokerage: SC Properties

Kevin J. Phillips

DRE #: 01470917

Brokerage: SC Properties

Location Analysis

MapProperty Location

About This Property

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

Property Information

Property Overview

Commercial

Property Type

Pending

Status

R-2

Zoning

0.5051 acres

Lot Size

6,744 SF

Square Footage

$577.55/SF

Price per SF

$23,597

Annual Tax

1,953

Year Built

6

Parking Total

0.89

Parking Ratio

Property Highlights

N/A Property

Prime Location with High Visibility

Location Analysis

Map

Similar Commercial Properties

Recent commercial sales in Redwood City

Closed commercial sales reported, newest first.