Jennifer Hamilton, DRE#01800791, Owner/Broker
REALTOR®, CRP, GRP, Director of Relocation
(805) 543-2172 ext. 30
MLS#ML82054736
STATUSActive
PROPERTY TYPECommercial - Business
SCHOOLOther
Listing Courtesy of:
Corcoran Icon Properties
Agency Phone: (650) 578-0200
Associate Name: Steve Belluomini
Listing Shown by:
Farrell Smyth, Inc.
Associate Name: Jennifer Hamilton, DRE#01800791, Owner/Broker
Property Description
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.
Property Features
Property Type: Commercial - Business
Cooling: None
Lot Size: 0.11 Acres
Roof Type: Shingle
Taxes: $27,517
Year Built: 1946
Feature Descriptions
Days on Site: 1
Parcel#: 052274080
Utilities: Other
Water: Other
Local Schools
School District: Other
Listed By / Shown By
Listed By
Agency Name: Corcoran Icon Properties
Agent Name: Steve Belluomini
Agency Phone: (650) 578-0200
Shown By
Agent Name: Jennifer Hamilton, DRE#01800791, Owner/Broker
Agent Phone: (805) 543-2172 ext. 30
Agency Title: Farrell Smyth, Inc.
Jennifer Hamilton, DRE#01800791, Owner/Broker
Office: (805) 543-2172 ext. 30
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217 Alden Street | MLS# ML82054736
This commercial property located at 217 Alden Street, Redwood City, CA 94063 is currently listed for sale with an asking price of $2,500,000. Alden Street is located within the Other school district. Search Redwood City real estate on jenniferhamilton.farrellsmyth.com today.