$3,895,000
Pending1024 10th Avenue
Redwood City CA 94063
6,744
SF
Commercial
Type
1953
Built
$578/SF
Cost/SF
Listing Agent
Kevin J. Phillips
DRE #: 01470917
Brokerage: SC Properties
Location Analysis
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
Building Details
Zoning & Use
Parking & Access
Utilities & Systems
Investment Metrics
Data not available.
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