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645 Elm Street Redwood City, CA 94063
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Key Details
Sold Price $3,100,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 4,472 sqft
Price per Sqft $693
MLS Listing ID ML81920092
Sold Date 06/14/23
HOA Y/N No
Year Built 1955
Lot Size 7,579 Sqft
Acres 0.17
Property Description
$500,000 price reduction! 645 Elm Street offers an investor a unique opportunity to acquire a well maintained apartment property strategically positioned in one of the most sought after submarkets in the country. The building sits on a 7,579 SF lot with 4,472 SF of rentable space. The complex benefits from a solid unit mix of (3) two-bedroom/one-bath and (5) one-bedroom/one-bath units. The property has dual pane windows throughout the entire building and an on-site laundry facility. Five of the eight units have been remodeled. Property is perfectly suited to add one or two Additional Dwelling Units (ADUs). 645 Elm St. has an almost unheard of Walkscore of 97 and is 1/3 of a mile to the intersection of Broadway and Main St. in downtown Redwood City. Can be purchased together with 6 units located at 1584 Regent St. in Redwood City.
Location
State CA
County San Mateo
Area Listing
Zoning R400
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Appliance Refrigerator
Exterior
Parking Type Covered
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 053245430
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Bought with FanCox