1051 Whipple Avenue, Redwood City, CA 94062

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List Price
$2,998,000
Status
ACTIVE
MLS#
ML82061712
Year Built
1951
Lot Size
8,482
Acres
0.19
Days on Market
1
Property Type
Commercial

Property Description

1051 Whipple Avenue is a six-unit multi family asset located on a corner lot at Whipple Avenue and Arch Street in Redwood City, California. The building comprises approximately 7,510 square feet, including a shared ground-floor common garage and storage, with 3 two-bedroom / 1.5-bath units, 1 two bedroom with 1 bath and two one-bedroom / 1-bath units across the building's first and second floors.The offering represents a rare opportunity to acquire a well-maintained, long-held Peninsula multifamily property with substantial embedded rent upside. In-place rents are below market rate. Unit 3 is currently vacant and available for immediate lease-up at market.

Additional Information

Taxes
$32,474
Heat
Central
Cooling
Yes
Cooling Description
None
Roof
Composition, Shingle
Water
Public
School District
Other
High School
Sequoia
Attached Structure
Detached
Gross Scheduled Income
$200,419

Listing courtesy of Listing Agent: Bryan Jacobs (bryan@realsmartgroup.com) from Listing Office: Realsmart Properties.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.