Redwood City, CA 94061,131 Cerrito Avenue
$3,930,000
$4,175,000
5.9%
Est.Price: ?

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6,914 SqFt

131 Cerrito Avenue Redwood City, CA 94061

Est. payment /mo
SOLD DATE : 07/12/2023

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Key Details

Sold Price $3,930,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 6,914 sqft

Price per Sqft $568

MLS Listing ID ML81924560

Sold Date 07/12/23

HOA Y/N No

Year Built 1960

Lot Size 9,438 Sqft

Acres 0.22

Property Description

Assumable financing available ($1.6 Million @ 4.16% through 2026) This (9) Unit multifamily apartment complex, consists of a great unit mix of (2) 2 bedroom, 1 bathroom (6) 1 bedroom, 1 bathroom and (1) Studio Unit. 131 Cerrito Ave is located less than three miles away from Downtown Redwood City and only three and a half miles from Stanford University. Along with Stanford University, this property is close to the Stanford Shopping Center. The owner has recently completed a sewer lateral replacement for the peace of mind of current tenants and potential buyers.

Location

State CA

County San Mateo

Area Listing

Zoning R-3

Interior

Heating Wall Furnace

Cooling Ceiling Fan(s)

Fireplace No

Exterior

Parking Type Attached

Building

Sewer Private Sewer

New Construction No

Others

Tax ID 069262210

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Bridge MLS
Listed by Ray Rodriguez • Compass
Bought with SimonLo

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Vid Cotarta

Broker Associate | License ID: 01962807

+1(510) 410-3999

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