128 Roosevelt Ave, Redwood City, CA 94061

Sqft
6,976

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Listed byMarcus & Millichap
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Overview

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

Full feature list

Basic info

Property type
Multi-family
Square feet
6,976
Lot size (acres)
0.23
Year built
1951

Utilities

Heating
Wall Furnace
Sewer
Public Sewer
Water
Public Water

Public schools

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Sourced from: Bay East Association of REALTORS MLS®#: ML82054947 Last checked:

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