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Listed by Don Sung • Colliers Parrish International, Inc.
$ 3,290,000
Est. payment /mo
Active
1411 Oxford Street Redwood City, CA 94061
7,173 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 7,173 sqft
Price per Sqft $458
MLS Listing ID ML82055194
HOA Y/N No
Year Built 1976
Lot Size 10,850 Sqft
Property Sub-Type Other
Source Datashare MLSListings
Property Description
Rarely Available, Pride-of-Ownership Westside RWC Multifamily Asset. Tree-Lined Street in Desirable, Quiet Palm Park Submarket, West of El Camino Real. Easy Access, Central Mid-Peninsula Location. Strong In-Place Cap Rate w/ Excellent Rental Upside. Nice Unit Mix: Four (4) Spacious 1 BR/1 BA (+/- 605 SF) / One (1) Large 2 BR/1 BA (+/- 828 SF) / Two (2) Oversized 2 BR/1.25 BA (+/- 887 SF). Units Feature Hardwood Floors/LVT, Copper Plumbing, Updated Electrical. Lower-Level Units Feature Private Patios, Upper-Level Units Feature High-Ceiling, Skylights, and Private Balconies. Reliable, Steady Cashflow with Proven, Strong Rental History, Low Vacancy, and Low-Maintenance Mgmt. Well-Managed Asset with Strong In-Place Rents, Good Historical Tenancy. Easy Rental & Low Vacancy. Newer 1976 Construction vs. Majority of Peninsula Apartment Inventory (50's and 60's Construction). Multitude of Capital Improvements: Dual-Pane Windows, Roof, Water Heaters, Exterior Painting, etc. Close to Redwood City Cal-Train Station, Downtown Redwood City, Downtown Menlo Park and Palo Alto/Stanford. Short Commute to Major Silicon Valley Employers: Meta, Google, Kaiser, Tesla, Stanford University, to Name a Few. Easy Access From SR-84/Woodside Rd, El Camino Real, Highways 101, 280, and Other Major Freeways.
Location
State CA
County San Mateo
Interior
Heating Electric
Cooling None
Flooring Hardwood, Tile
Fireplace No
Appliance Dishwasher, Refrigerator
Laundry Coin Operated
Building
Lot Description Level
Water Public
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