128 Roosevelt AVE, Redwood City, CA 94061
128 Roosevelt AVE, Redwood City, CA 94061
128 Roosevelt AVE, Redwood City, CA 94061
128 Roosevelt AVE, Redwood City, CA 94061
128 Roosevelt AVE, Redwood City, CA 94061
128 Roosevelt AVE, Redwood City, CA 94061
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Nicole Rodriguez

Nicole Rodriguez

+1(831) 262-1801
Listed by Jimmy Castellanos • Marcus & Millichap, DRE#02024152
$ 3,100,000
Est. payment | /mo

1 Bed

1 Bath

6,976 SqFt

Save
$ 3,100,000
Est. payment | /mo
Save

1 Bed

1 Bath

6,976 SqFt

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 6,976 sqft

Price per Sqft $444

MLS Listing ID ML82054947

Bedrooms 1

Full Baths 1

Year Built 1951

Lot Size 9,966 Sqft

Property Sub-Type Five or More Units

Property Description

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

State CA

County San Mateo

Area Central Park Etc.

Zoning R-4

Interior

Heating Wall Furnace

Cooling Window / Wall Unit

Exterior

Parking Features Carport , Common Parking Area

Utilities Available Individual Electric Meters, Individual Gas Meters

Roof Type Composition,Shingle

Building

Foundation Concrete Perimeter

Sewer Sewer - Public

Water Public

Others

Restrictions None

Tax ID 053-094-120

Security Features None

Special Listing Condition Not Applicable

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Nicole Rodriguez

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(831) 262-1801

nicole@nbrrealestate.org

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128 Roosevelt AVE