1255 Woodside Road, Redwood City, CA, CA 94061

$3,995,000

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List Price
$3,995,000
Status
ACTIVE
MLS#
ML82054340
County
San Mateo
Zoning
R30000
Year Built
1961
Square Feet
9,158
Lot Size (acres)
0.3037
Days on Market
41
Property Type
Commercial

Property Description

Exceptional investment opportunity in one of Redwood City's most desirable Westside neighborhoods. This property is located in the unincorporated area of Redwood City and is not affected by the Redwood City's local tenant or rent control ordinances. This well-maintained 10-unit multifamily property features a balanced unit mix and premium location ideal for steady rental demand. The property features six 2-bedroom/1-bath units and four 1-bedroom/1-bath units, offering excellent rental income. Most units have updated kitchens and bathrooms. Newer dual-pane windows throughout the building enhance comfort and energy efficiency. On-site laundry room includes 2 washers and 2 dryers for tenant convenience. New water heater and recirculating pump. Units 1,3 and 6 refreshed with new paint, flooring and carpet! Unit 4 completely updated including new kitchen and bath! Ample parking with 8 covered carport spaces plus 6 additional uncovered spaces. Located near Woodside Plaza, providing easy access to shopping, dining, schools, and major commute routes including Highways 101 and 280. Centrally positioned on the Peninsula with access to Silicon Valley and San Francisco.

Additional Information

Taxes
$40,727
Parcel Number
059253280
Gross Scheduled Income
$324,044
Heat
Wall Furnace
Cooling
Yes
Cooling Description
None
Roof
Composition, Shingle
Parking Spaces
6
Water
Public
School District
Other

Listing courtesy of Listing Agent: John Shroyer (john@johnshroyer.com) from Listing Office: Golden Gate Sotheby's International Realty.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.