Introducing 116 Pine St. in downtown Redwood City. The property features 10 fully renovated units (kitchens, baths, floors, doors, electrical, etc.) and offers three 2 bedroom 1 bathroom units and seven 1 bedroom 1 bathroom units. It sports an insanely desirable WalkScore of 94. Most importantly it is located one block from the 8 acre $600,000,000 Elko Yards development project. There's nothing but upside in this pocket of Redwood City and this investment provides solid returns immediately. Strong in-place RUBS. In close proximity to all the dining, shopping & entertainment amenities of Downtown Redwood City. Strategically located between San Francisco and San Jose, Redwood City continues to be one of the most dynamic and rapidly growing cities on the mid-Peninsula.
| MLS # | ML82033415 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1953 |
| Days On Site | 231 |
| Listing Provided By | Cornish & Carey Commercial | Steve Zirelli |
| SQ Feet | 6,300 |
|---|---|
| Car Port | Yes |
| Units | 10 |
| Building(s) | 2 |
| Zoning | Multifamily |
| Acreage | 0.17 |
| Cooling | None |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Roof | Flat |
|---|
| Property | 38462 |
|---|
| State | CA |
|---|---|
| County | San Mateo |
| City | Redwood City |
| Zip Code | 94063 |
| Area | 699 Not Defined |
| Listing VS Median (in 94063) | |
Price: $3,395,000 low | high Med: $2,625,000 sqft: 6,300 low | high Med: 3,540 $ / sqft: $539 low | high Med: $742 On site: 231 low | high Med: 181 | |
| State | CA |
|---|---|
| County | San Mateo |
| City | Redwood City |
| Zip Code | 94063 |
| Area | 699 Not Defined |
| Listing VS Median (in 94063) | |
Price: $3,395,000 low | high Med: $2,625,000 sqft: 6,300 low | high Med: 3,540 $ / sqft: $539 low | high Med: $742 On site: 231 low | high Med: 181 | |
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