3071 William AVE, Redwood City, CA 94063
3071 William AVE, Redwood City, CA 94063
3071 William AVE, Redwood City, CA 94063
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Josh Yoo

Josh Yoo

+1(510) 418-9180
Listed by Steve Zirelli • Cornish & Carey Commercial, DRE#01929245
$2,625,000
Est. payment /mo
2 Beds
1 Bath
3,540 SqFt
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Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 3,540 sqft

Price per Sqft $741

MLS Listing ID ML82039992

Bedrooms 2

Full Baths 1

Year Built 1954

Lot Size 8,797 Sqft

Property Sub-Type Five or More Units

Property Description

3071 3083 William Avenue in Redwood City presents an investor the unique opportunity to own three contiguous duplexes. All 6 homes included in the offering are Two-Bedroom / One Bath units, consisting of 3,540 building SF on an 8,797 SF lot. All units are fully occupied bringing in excellent rents creating attractive cash flow immediately for a new owner. All tenants are currently on a RUBS program (Ratio Utility Billing System), allowing the landlord to recapture a significant amount of expenses. Additionally, all units are individually metered for water and tenants pay their own bills, extremely rare and attractive for a 6-unit building. All duplexes have carport parking in the rear which offers the ability to create private patios / yards. The properties are in close proximity to all the dining, shopping & entertainment amenities of Downtown Redwood City. Strategically located between San Francisco and San Jose, Redwood City continues to be one of the most dynamic and rapidly growing cities on the mid-Peninsula. The area has experienced significant expansion, with an influx of major technology companies and a thriving downtown core. In recent years, downtown Redwood City has undergone a significant transformation, solidifying its status as a premier destination.

Location

State CA

County San Mateo

Area Dumbarton Etc.

Zoning Multi-Family

Interior

Heating Wall Furnace

Cooling None

Exterior

Parking Features Off-Street Parking

Utilities Available Individual Electric Meters, Individual Gas Meters

Roof Type Composition

Building

Foundation Concrete Perimeter

Sewer Sewer - Public

Water Public

Others

Restrictions None

Tax ID 060-082-430

Security Features None

Special Listing Condition Not Applicable

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Josh Yoo

Josh Yoo

+1(510) 418-9180

Broker Associate | License ID: 02024903

Broker Associate License ID: 02024903

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