1584
Regent Street,
Redwood City,
California
CA
94061
Sold For: $2,770,000
Listing ID: ML81912508
Price/SqFt:
$366.84
Status:
Closed
Sold Date:
5/31/2023
SqFt:
7,551
Sq Ft
Year Built:
1963
PRICE REDUCTION! Prime 6 Unit Apartment Building in Excellent Westside Location. The building sits on a 9,570 SF Lot with 7,551 SF of rentable space. The complex benefits from an outstanding unit mix of (6) Oversized Two-Bedroom/ One-Bath Units. The property has dual pane windows throughout the entire building and an on-site Laundry Facility. The two ground-floor units offer tenants large private yards and two 2nd floor units have private balconies. 5 of the 6 units have dishwashers. 8 tuckunder parking spaces. Regent is an attractive and quiet cul-de-sac street layered with other pride of ownership buildings ideal for Class A tenants. Can be purchased together with 8 Units located at 645 Elm Street in Redwood City.
Primary Features
County:
San Mateo
Price Before Reduction:
3295000
Price Reduction Date:
2023-02-28T05:59:06+00:00
Price/SqFt:
366.84
Property Type:
Commercial Sale
Year Built:
1963
Zoning:
Multifamily
Interior
Cooling Type:
None
Cooling:
yes
Heating:
yes
Heating Type:
Wall Furnace
External
Carport Spaces:
8
Lot Size Source:
Assessor
Number Of Buildings:
1
Roof:
Bitumen
Water Source:
Public
Location
MLS Area Major:
699 - Not Defined
Additional
Co List Agent State License:
01929245
Co List Office State License:
00586119
Days On Market:
128
List Agent State License:
01471708
List Office State License:
00586119
Parcel Number:
059082330
Year Built Source:
Assessor
Financial
Gross Scheduled Income:
205080
Insurance Expense:
3020
Maintenance Expense:
4500
Other Expense:
1500
Special Listing Conditions:
Standard
Tax Annual Amount:
32421
Total Expenses:
58863
Trash Expense:
11945
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Listed by: MatthewThomson, DRE #01471708 from Newmark Cornish & Carey (408) 727-9600
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