625 Laurel Street, Redwood City, CA 94063 FOR SALE ; Garden/Low-Rise ; Multi-Family 1; San Mateo County
625 Laurel Street, Redwood City, CA 94063 FOR SALE ; Garden/Low-Rise ; Multi-Family 1; San Mateo County
Property Information
Multifamily Property For Sale
Price: $1,530,000
No. Units: 6
Building Size: 3,908 SF
Price/Unit: $255,000
Property Type: Multifamily
Property Sub-type: Garden/Low-Rise
Property Use Type: Investment
Commission Split: 1.5%
Occupancy: 100%
Lot Size: 0.11 AC
APN / Parcel ID: 053-255-030
Listing ID: 18938077
Last Updated: 23 days ago
Description
Six unit updated apartment building in well located and established neighborhood. Five 1 bedroom/1 bath units and one studio unit. Seller has done all the work including dual pane windows, flooring, kitchens, bathrooms, new heaters and much more. Close to all amenities. Excellent opportunity to own a 100% rented property with top rents. DO NOT DISTURB TENANTS. Drive by only. Make offers subject to viewing. Submit proof of funds with offer. Also has one unpermitted studio that could rent for $1,200.00. Seller currently uses as storage room.
Also see 635 Laurel Street 6 units; 301 O’Keefe Street in EPA 20 units and 396 3rd Avenue duplex and restaurant building for a total of 35 units. All 100% occupied. Purchase entire portfolio consisting of 4 parcels for excellent flexibility and exit strategy.
Centrally located near Costco and other shopping public transportation and entertainment. Easy access to El Camino Road, Woodside Road and the 280 and 101 freeways.