128 Roosevelt Avenue, Redwood City, CA 94061
List Price: $3.1M
Listing Status: Active
0Days on Market: 0
0 Bedrooms · 0 Bathrooms
Property Type: CommercialSale
Year Built: 1951
Lot Size: 9,966 sq ft
Annual Property Tax: $33,917
MLS Number: ML82054947
About This Property
Value-add opportunity in Downtown Redwood City // LOW RENTS // BRING ALL OFFERS. Pleased to present 128 Roosevelt Avenue. Situated in the heart of Redwood City, 128 Roosevelt Avenue is a 10 unit apartment community offering a compelling value-add investment opportunity in one of the Peninsulas most supply-constrained rental markets. Built in 1951, the property consists of ten (10) one-bedroom/one-bathroom residences encompassing approximately 6,976 building square feet on a 9,967 square foot parcel (per county records). The property has been held under the same ownership for over 50 years. This represents a rare opportunity to acquire a premier-location multifamily asset at an attractive basis with significant upside potential.
Listing provided by: Jimmy Castellanos DRE #02024152 (650) 391-1700 jimmy.castellanos@marcusmillichap.com, Marcus & Millichap
Source: CRMLS, MLS #: ML82054947
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.