1024 10th AVE, Redwood City, CA 94063

$4,000,000
6,744
SqFt

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Listed by Rachid Atie, 650-868-0202 from SC Properties
(If provided) CoList: Kevin J. Phillips from SC Properties

List Price
$4,000,000
MLS#
ML82057221
Status
ACTIVE
Sqft. of Residence
6,744
Lot Size
22,000
Listing Area
Dumbarton Etc.
Year Built
1953

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

Additional Information

Cooling System
Central AC
Foundation
Concrete Perimeter, Concrete Slab
Garage Parking
Assigned Spaces, Attached Garage, Guest / Visitor Parking
Heating System
Central Forced Air
Living Area
6,744
Lot Size
22,000
Neighborhood
Dumbarton Etc.
Other Utilities
Public Utilities
Roof
Shingle
Sewer
Sewer - Public
Unincorporated Yn
Yes
Zoning
R-2

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