217 Alden ST, Redwood City, CA 94063
217 Alden ST, Redwood City, CA 94063
217 Alden ST, Redwood City, CA 94063
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Josh Yoo

Josh Yoo

+1(510) 418-9180
Listed by Steve Belluomini • Corcoran Icon Properties, DRE#01095848
$2,500,000
Est. payment /mo
4,992 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 4,992 sqft

Price per Sqft $500

MLS Listing ID ML82054736

Year Built 1946

Lot Size 5,000 Sqft

Property Sub-Type Five or More Units

Property Description

Well-Located Apartment Investment ±4,992 SF, five-unit apartment building near downtown Redwood City an all two-bedroom / one-bath unit mix on a ±5,000 SF lot, offering durable residential income in one of the Peninsula's most supply-constrained rental markets. Strong In-Place Rental Income Five two-bedroom units provide stable, in-demand housing product with immediate cash flow at close. Downtown Redwood City · Walkable & Transit-Rich Blocks from downtown Redwood City, the Caltrain station, and the Sequoia Station retail district a highly walkable location with strong tenant demand from the Oracle, Electronic Arts, and Box employment base and Stanford in Redwood City. Mid-Peninsula Supply-Constrained Hold Severely constrained housing supply between San Francisco and San Jose, combined with Redwood City's status as the largest city on the Mid-Peninsula, supports durable occupancy, rent growth, and a defensive long-term multifamily hold.

Location

State CA

County San Mateo

Area Lenolt Etc.

Zoning r5

Interior

Heating Other

Cooling None

Exterior

Parking Features Assigned Spaces

Garage Spaces 4.0

Utilities Available Other

Roof Type Shingle

Building

Foundation Other

Sewer Other

Water Other

Others

Restrictions Other

Tax ID 052-274-080

Security Features Other

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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217 Alden ST

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Josh Yoo.

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