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$2,998,000
Est. payment /mo
8,481 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82061712
HOA Y/N No
Year Built 1951
Annual Tax Amount $32,474
Lot Size 8,481 Sqft
Property Description
1051 Whipple Avenue is a six-unit multi family asset located on a corner lot at Whipple Avenue and Arch Street in Redwood City, California. The building comprises approximately 7,510 square feet, including a shared ground-floor common garage and storage, with 3 two-bedroom / 1.5-bath units, 1 two bedroom with 1 bath and two one-bedroom / 1-bath units across the building's first and second floors.The offering represents a rare opportunity to acquire a well-maintained, long-held Peninsula multifamily property with substantial embedded rent upside. In-place rents are below market rate. Unit 3 is currently vacant and available for immediate lease-up at market.
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning R-5-O
Interior
Heating Central
Cooling None
Fireplace No
Exterior
Roof Type Composition,Shingle
Building
Water Public
Schools
High Schools Sequoia
School District Other
Others
Tax ID 052181200
Special Listing Condition Standard
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Listed by Bryan Jacobs Realsmart Properties #01129660
NEARBY SCHOOL & BUSINESS
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