780 Bradford Street , Redwood City , CA   94063; Multifamily Properties For Sale; A-1 in San Mateo County

780 Bradford Street , Redwood City , CA 94063; Multifamily Properties For Sale; A-1 in San Mateo County


780 Bradford Street , Redwood City , CA   94063; Multifamily Properties For Sale; A-1 in San Mateo County

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Price:  $8,500,000
No. Units:  25
Building Size:  17,495 SF
Property Type:  Multifamily
Property Sub-type:  Garden/Low-Rise
No. Stories:  3
Year Built:  1962
Status:  Active

 

Property Description

780 Bradford Street in Redwood City is an excellent opportunity for an investor to acquire a well located apartment property in Downtown Redwood City. The project consists of 25 apartment units (10 – 1 Br / 1 Ba and 15 – Studio) units situated on a 13,500-square foot parcel on the corner of Main Street and Bradford Street. Redwood City is currently undergoing a renaissance, with several high profile developments occurring. Across the street is the new Kaiser Medical facility. Nearby are several redevelopment projects including:·ð ð24 Hour Fitness (45,880 SF Fitness Center)·ð ðCrossing 900 (300,980 SF Office, 5,075 SF Retail)·ð ðKaiser Hospital & CUP (New Hospital and Conversion of Old Hospital to Medical Offices)·ð ðStanford in Redwood City (1.5 Million SF Office/R&D/Medical Clinic Campus)·ð ðSequoia Hospital Addition (160,000 SF Expansion to Existing Hospital)·ð ðJay Paul (Redevelopment of Malibu Grand Prix to 900,000 SF Office)

Location Description

Redwood City is a community of just over 75,000 people, a center of high-tech industry, and the mid-point of the beautiful San Francisco Peninsula. It is known for its great climate and profound sense of community. Redwood City is devoted to preserving its rich history, maintaining today’ s quality of life, and carefully planning its future. Through its miles of San Francisco Bay shoreline, its neighborhoods and charming downtown, its shopping areas and attractions, and its rolling hillsides, Redwood City is a community that offers great variety in housing, employment, recreation, entertainment, education, and city services.