Property Details
About this Property
BUY A PROVEN PERFORMER: TIRELESS CASH-COW - Low Vacancy, High Rental Demand, Consistent Rental Income 8 Townhouse-Style Apartment Home Units (All 3 BR / 1 BA on 2-Levels) Each Unit Offers Private Front Yard & Enclosed Garage Parking. Current Cap Rate: 4.66% / Pro-Forma Cap Rate: 5.2% Current GRM: 14.1 / Pro-Forma GRM: 13.1 Cost/SF: $592/SF Consistent Rental History with Low Tenant Turnover Excellent Unit Mix All 8 Units Offer Three (3) BR / One (1) BA Units Townhouse Style on 2-Levels Attractive Assumable Loan From Provident CU 3 of 8 Units Receive Partial Housing Assistance, Providing Steady Rent Collection Supply-Constrained Core Mid-Peninsula Submarket Ideal Housing (3 BR + Private Yard + Enclosed Garages) for Working Families Easy Access to Highway 101, Marsh Rd, Woodside Rd, El Camino Real Proven Performer With Solid Cashflow & Value Appreciation Building SF: 7,600 SF / Lot Size: 10,000 SF / Cost Per SF: $592/SF
MLS Listing Information
MLS #
ML81890846
MLS Source
MLSListings, Inc.
Interior Features
Flooring
Laminate
Cooling
None
Heating
Wall Furnace
Exterior Features
Roof
Composition
Foundation
Concrete Perimeter
Parking, School, and Other Information
Garage/Parking
Detached, Enclosed, Off-Street Parking, Garage: 8 Car(s)
Elementary District
Redwood City Elementary
High School District
Sequoia Union High
Sewer
Public Sewer
Water
Public
Zoning
R-3
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| – | – | 8 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 960 | 3 | 1/0 | $3,045 | $3,700 | 8 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
3290 Rolison Rd is a Residential Income in Redwood City, CA 94063. This 7,600 square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at – and was built in 1962. This address can also be written as 3290 Rolison Rd, Redwood City, CA 94063.
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This listing information is up-to-date as of June 26, 2024. For the most current information, please contact Don Sung, (650) 380-5188
