1110 Allerton Street, Redwood City, CA 94063
List Price: $1.6M
Listing Status: Active
0Days on Market: 0
0 Bedrooms · 0 Bathrooms · 3,941 sq ft
Property Type: ResidentialIncome
Year Built: 1965
Lot Size: 5,000 sq ft
Garage Spaces: 3
Annual Property Tax: $4,332
MLS Number: ML82047062
About This Property
A rare value-add opportunity in the heart of Redwood City, this well-located triplex sits just blocks from vibrant downtown and directly across from a park, offering an ideal blend of convenience and lifestyle appeal. Each of the three spacious units features 2 bedrooms, 1 full bathroom, a generous living area, and a dedicated dining space alongside a functional kitchen layout. Residents enjoy access to a shared community laundry room, while each unit includes garage space for parking and additional storage. The property offers desirable outdoor living options: the downstairs unit boasts a private backyard, perfect for entertaining or relaxing, while the two upstairs units each feature their own private balconies. This is a compelling Bay Area investment with strong upside potential. Unit 1 is vacant and ready for finishing touches, presenting an opportunity to achieve top-market rents. Units 2 and 3 are currently leased to long-term tenants, providing immediate income stability. With its unbeatable location and clear value-add potential, this triplex stands out as an exceptional investment in one of the Peninsula's most sought-after rental markets.
Listing provided by: Nick Kerley DRE #01332465 530-242-4114 listings@realty110.com, Realty 110, Inc.
Source: CRMLS, MLS #: ML82047062
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