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505 Pine Street Redwood City, CA 94063
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Key Details
Sold Price $2,200,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 4,542 sqft
Price per Sqft $484
MLS Listing ID ML81730238
Sold Date 12/31/18
HOA Y/N No
Year Built 1958
Lot Size 4,400 Sqft
Acres 0.1
Property Description
Excellent opportunity to acquire 505 Pine Street, a 5-unit Multi-Family apartment building in the highly desirable neighborhood of Redwood City, CA. Constructed in 1958, the subject property consists of three (3) spacious two-bedroom/ one-bathroom units and two (2) one-bedroom/ one-bathroom units on a 4,400 square foot lot. The building is composed of a wood-frame construction with a pitched composite roof and has a gross-livable area of approximately 4,542 square feet. The property includes three under-tuck parking spaces and two single-car garages. The units are individually metered for electricity and gas and share a common water meter. Recent improvements include a new paint job and dual pane windows throughout. Also included on the property is a common-area laundry room that provides convenience for tenants and generates additional income for the landlord.
Location
State CA
County San Mateo
Area Listing
Zoning R-3
Interior
Heating Natural Gas, Wall Furnace
Cooling None
Fireplace No
Laundry Coin Operated
Exterior
Parking Type Attached
Building
Sewer Public Sewer
New Construction No
Others
Tax ID 053161150
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Bought with LarryAikins