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    718 Roosevelt Avenue

    Redwood City, CA 94061
    • $2,350,000
    • STATUS: Active
    • ON SITE: 49 days
    • ID#: ML81835712
    $2,350,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,206
      SQFT
    • $733
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1939
    County:

    School Ratings & Info

    Description

    *PRICE IMPROVEMENT!* Well maintained Fourplex, owned and maintained for nearly 50 years by one family. Four garages are currently under full control of the owner, and could be used as garages, storage and more. Separate shop complete with many materials to continue managing the property. Tenants have off street parking on the property. Separate gas, water and power meters. This property features a 2/1 house, and three 1/1 units. 2/1 house is vacant, other three units currently tenant occupied. Buy this and move into the 2/1, or use as fully an investment property. Convenient to commute routes, Red Morton Center, a short drive to Safeway, even closer to BevMo, Harry's Hofbrau, Dehoff's Key Market, Baskin Robbins, Mi Rancho Supermarket, Starbucks.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-14T00:35:14.603. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Zutila, Inc.. Licensed in the State of California, USA.
    www.myorangecountyhomesearcher.com/homes/115463146
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    718 Roosevelt Avenue Redwood City, CA 94061

    • Price: $2,350,000
    • Status: Active
    • ID#: ML81835712
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    3,206
    SQFT
    $733
    $/SQFT
    1939
    Built
    Neighborhood:
    699 - Not Defined
    County:
    San Mateo
    Area:
    699 - Not Defined
    Property Description
    *PRICE IMPROVEMENT!* Well maintained Fourplex, owned and maintained for nearly 50 years by one family. Four garages are currently under full control of the owner, and could be used as garages, storage and more. Separate shop complete with many materials to continue managing the property. Tenants have off street parking on the property. Separate gas, water and power meters. This property features a 2/1 house, and three 1/1 units. 2/1 house is vacant, other three units currently tenant occupied. Buy this and move into the 2/1, or use as fully an investment property. Convenient to commute routes, Red Morton Center, a short drive to Safeway, even closer to BevMo, Harry's Hofbrau, Dehoff's Key Market, Baskin Robbins, Mi Rancho Supermarket, Starbucks.
    Exterior Features

    Carport Spaces 0 Foundation Details Concrete PerimeterSlab Parking Features Off StreetOn Street Parking Total 4 Roof Composition

    Interior Features

    Accessibility Features Parking Cooling None Cooling YN No Flooring Wood Heating Wall Furnace Heating YN Yes

    Property Features

    Cap Rate 3.73 Garage YN Yes Gross Scheduled Income 100475 Insurance Expense 1281 Listing Agreement Exclusive Right To Sell Listing Service Full Service Maintenance Expense 1128 Possession Close Of Escrow Special Listing Conditions Standard Trash Expense 1075 Zoning R20000

    Listing provided courtesy of Alfredo Mendoza of Kw Peninsula Estates


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-14T00:35:14.603. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Zutila, Inc.. Licensed in the State of California, USA.
     
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