CA > Redwood City
Redwood City, CA 94061,146 Madison AVE
Redwood City, CA 94061,146 Madison AVE
Redwood City, CA 94061,146 Madison AVE
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$3,100,000
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7,000 Sqft Lot
Open 8/12 10AM-1PM

146 Madison AVE Redwood City, CA 94061

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Jerry And Rachel Team Hsieh

Jerry And Rachel Team Hsieh

+1(424) 242-8856

OPEN HOUSE

Tue Aug 12, 10:00am - 1:00pm

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML82016541

HOA Y/N No

Year Built 1958

Annual Tax Amount $34,376

Lot Size 7,000 Sqft

Property Description

True turnkey apartment building in excellent Redwood City location. Attractive Unit Mix: (2) Two-Bedroom / One Bath Units & (5) One-Bedroom / One-Bath Units. Four of the seven units are renovated. Several recent capital improvements including New roof, upgraded electrical meeting current insurance requirements, new catwalk, new exterior paint, new drainage & new water heater. Day One 4.53% Cap Rate (true Cap Rate w/ fair underwriting). Zero deferred maintenance. Outstanding west Redwood City location walking distance to Whole Foods. All tenants have extra storage space and sufficient parking. Close proximity to all the high-end shopping, dining and entertainment amenities of robust & booming downtown Redwood City. Easy access to Woodside Road and Highways 101 & 280. One of the strongest rental submarkets on the Peninsula led by a high-class tenant profile paying premium rents.

Location

State CA

County San Mateo

Area 699 - Not Defined

Zoning R3

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Carport Spaces 7

Roof Type Composition,Shingle

Building

Water Public

Schools

School District Other

Others

Tax ID 053063150

Security Features Security Lights

Special Listing Condition Standard

CRMLS – RECore
Listed by Matthew Thomson Compass

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agent

Jerry And Rachel Team Hsieh

Owner/Director of Sales | License ID: 01701809

+1(424) 242-8856

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146 Madison AVE

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