$4,300,000
$4,500,000
4.4%For more information regarding the value of a property, please contact us for a free consultation.
Address not disclosed Redwood City, CA 94061
Key Details
Sold Price $4,300,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81879175
Sold Date 06/09/22
HOA Y/N No
Year Built 1946
Annual Tax Amount $49,091
Property Description
The Magnify Investment Team is pleased to exclusively present the opportunity to acquire 122 Vera Ave, ten (10) unit multi-investment property located in the highly desirable city of Redwood City. Constructed in 1946, the property consists of (10) one-bedroom/one-bath units amounting to a building square feet of 8,430. The property sits on nearly 0.59 acres of land with strong upside in rents and significant redevelopment potential. It also features dual-pane windows, attached single car garages, private backyards, washer/dryer in each unit, separate water heaters, and more. The property is in an excellent location, nearby several major development projects and is walking distance to Downtown Redwood City and the Caltrain station. It also features easy access to El Camino Real, and highways 101 and 280.
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning R-4
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Roof Type Composition
Schools
School District Other
Others
Tax ID 053064140
Financing Conventional
Special Listing Condition Standard
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Bought with Eric Katz Katz Inc







