Property Details
About this Property
This rare Redwood City 6-Unit apartment building in the coveted Redwood Oaks neighborhood could be the perfect investment with upside for discerning buyers. 35 Atherwood Avenue, which consists of one 2BD/1BA and five 1BD/1BAs, will be delivered with four of the six units rented at close, and two units (both 1BD/1BAs) vacant and ready for the next owners to obtain market rate rents. Per the public tax records, the property measures 5,017 Sq Ft on the interior, and is nicely situated on a 6,955 Sq Ft lot with ample parking onsite and a coin-op laundry facility. Held by long-term family owners for many years, the building has a projected gross annual income in the $144,000 range with a current CAP rate in the 5.5% range. Located close to local schools, parks, shopping, dining, markets and easy freeway access, 35 Atherwood should provide an attractive tenant offering and investment for years to come. Don't miss the opportunity to add this unique opportunity to your portfolio!
MLS Listing Information
MLS #
SF424035113
MLS Source
San Francisco Association of Realtors® MLS
Interior Features
Flooring
Laminate, Tile, Vinyl
Laundry
Coin Operated
Heating
Wall Furnace
Exterior Features
Roof
Composition
Foundation
Concrete Perimeter
Style
Traditional
Parking, School, and Other Information
Garage/Parking
Attached Garage, Off-Street Parking, Garage: 0 Car(s)
Sewer
Public Sewer
Water
Public
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 4 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
35 Atherwood Ave is a Residential Income in Redwood City, CA 94061. This 5,017 square foot property sits on a 6,955 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,000,000 and was built in 1957. This address can also be written as 35 Atherwood Ave, Redwood City, CA 94061.
©2024 San Francisco Association of Realtors® MLS. 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 San Francisco Association of Realtors® MLS.
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This listing information is up-to-date as of December 21, 2024. For the most current information, please contact Andrew de Vries
