Alden, Redwood City, CA 94063

Sqft
4,992
Garage
Yes

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Listed byCorcoran Icon Properties
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Overview

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

Full feature list

Basic info

Property type
Multi-family
Square feet
4,992
Lot size (acres)
0.11
Year built
1946

Exterior features

Horse amenities
Stable

Garage and parking

Garage parking spaces
4

Utilities

Heating
Other
Cooling
None

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: MLSListings (California) MLS®#: ML82054736 Last checked:

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