REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Marcus & Millichap
$ 2,688,000
Est. payment | /mo
6,976 SqFt
$ 2,688,000
Est. payment | /mo
6,976 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 6,976 sqft
Price per Sqft $385
MLS Listing ID ML82054947
HOA Y/N No
Year Built 1951
Lot Size 9,966 Sqft
Property Sub-Type Other
Source Datashare MLSListings
Property Description
Value-add opportunity in downtown Redwood City // LOW RENTS // BRING ALL OFFERS. Pleased to present 128 Roosevelt Avenue. Situated in the heart of Redwood City, 128 Roosevelt Avenue is a 10 unit apartment community offering a compelling value-add investment opportunity in one of the Peninsulas most supply-constrained rental markets. Built in 1951, the property consists of ten (10) one-bedroom/one-bathroom residences encompassing approximately 6,976 building square feet on a 9,967 square foot parcel (per county records). The property has been held under the same ownership for over 50 years. This represents a rare opportunity to acquire a premier-location multifamily asset at an attractive basis with significant upside potential.
Location
State CA
County San Mateo
Interior
Heating Wall Furnace
Fireplace No
Building
Water Public
GET MORE INFORMATION
Qayes Abdulla
REALTOR® Lic# DRE# 02150727