$500,000 price reduction! 645 Elm Street offers an investor a unique opportunity to acquire a well maintained apartment property strategically positioned in one of the most sought after submarkets in the country. The building sits on a 7,579 SF lot with 4,472 SF of rentable space. The complex benefits from a solid unit mix of (3) two-bedroom/one-bath and (5) one-bedroom/one-bath units. The property has dual pane windows throughout the entire building and an on-site laundry facility. Five of the eight units have been remodeled. Property is perfectly suited to add one or two Additional Dwelling Units (ADUs). 645 Elm St. has an almost unheard of Walkscore of 97 and is 1/3 of a mile to the intersection of Broadway and Main St. in downtown Redwood City. Can be purchased together with 6 units located at 1584 Regent St. in Redwood City.
MLS #
ML81920092
MLS Source
MLSListings, Inc.
Cooling
None
Heating
Wall Furnace
Roof
Tar/Gravel
Foundation
Concrete Perimeter
Garage/Parking
Covered Parking, Garage: 0 Car(s)
Elementary District
Redwood City Elementary
High School District
Sequoia Union High
Sewer
Public Sewer
Water
Public
Zoning
R40000
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | 8 | 8 |
Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
---|---|---|---|---|---|---|
1 | – | 2 | 2/0 | $2,550 | $2,800 | 3 |
2 | – | 1 | 1/0 | $1,900 | $2,250 | 5 |
645 Elm St is a Residential Income in Redwood City, CA 94063. This 4,472 square foot property sits on a 7,579 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,100,000 and was built in 1955.
This address can also be written as 645 Elm St, Redwood City, CA 94063.©2024 MLSListings Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.
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This listing information is up-to-date as of December 21, 2024. For the most current information, please contact Steve Zirelli, (650) 224-3118