We are pleased to present the opportunity to acquire 50 Dumbarton Ave, a meticulously maintained property with 10 units. This property has benefited from over 30 years of dedicated ownership, ensuring its excellent condition. Built in 1962, the building spans 10,903 square feet per county record on a 7,700 square foot corner parcel. The unit mix includes 8 two-bedroom/one-bathroom units and 2 studios, offering a versatile living arrangement. The building has copper plumbing and recent capital improvements include a new sewer line, dual pane windows and a new central water heater. Interior upgrades include LVP floors, granite countertops, bathroom vanities and shower surrounds. The property has strong cash flow with 20%+ upside in rents. The property is ideally located close to El Camino Real, providing easy access to transportation and major highways. It is conveniently near Downtown Redwood City, Elco Yards, Downtown Menlo Park, Stanford Shopping Mall, and Stanford University. Additionally, it is in proximity to major corporate headquarters such as Facebook, Google, and Oracle, among many others.
MLS #
ML81984282
MLS Source
MLSListings, Inc.
Flooring
Carpet, Tile, Vinyl/Linoleum
Laundry
Coin Operated
Cooling
None
Heating
Gas, Wall Furnace
Roof
Flat
Foundation
Wood Frame
Garage/Parking
Other, Garage: 0 Car(s)
Elementary District
Redwood City Elementary
High School District
Sequoia Union High
Sewer
Public Sewer
Water
Public
Zoning
R300S5
Listing Agent
Kyle De Mattei
Magnify Real Estate
License #: 02146792
Phone: (408) 334-3226
Co-Listing Agent
David Katz
License #: 01971921
Phone: (408) 758-0718
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | 10 | 10 |
Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
---|---|---|---|---|---|---|
1 | 800 | 2 | 1/0 | $2,695 | $3,400 | 8 |
2 | 500 | 0 | 1/0 | $2,175 | $2,300 | 2 |
50 Dumbarton Ave is a Residential Income in Redwood City, CA 94063. This 10,903 square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,688,000 and was built in 1962.
This address can also be written as 50 Dumbarton Ave, 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 November 05, 2024. For the most current information, please contact Kyle De Mattei, (408) 334-3226