645 Elm ST

REDWOOD CITY, CA, 94063

$3,195,000

$714 per ft²
$3,195,000
$714 per ft²
Active
Active
 - For Sale
carpenters-square
4,472 ft²
property_type
Commercial
calendar
Built 1955
$500,000 price reduction! 645 Elm Street offers an investor a unique opportunity to acquire a well maintained apartment property strategically positioned in one of the most sought after submarkets in the country. The building sits on a 7,579 SF lot with 4,472 SF of rentable space. The complex benefits from a solid unit mix of (3) two-bedroom/one-bath and (5) one-bedroom/one-bath units. The property has dual pane windows throughout the entire building and an on-site laundry facility. Five of the eight units have been remodeled. Property is perfectly suited to add one or two Additional Dwelling Units (ADUs). 645 Elm St. has an almost unheard of Walkscore of 97 and is 1/3 of a mile to the intersection of Broadway and Main St. in downtown Redwood City. Can be purchased together with 6 units located at 1584 Regent St. in Redwood City.
MLS® ID:
ML81920092
Updated:
3/30/23
RE/MAX
Bret Evans
Office: (650) 722-6555Email: bretevans480@gmail.com

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Cooling
None
Heating
Wall Furnace

Exterior/Building Features

Lot Size
7,579 ft² lot
Roof
Tar and Gravel
Sewer
Sewer - Public

Other Property Details

Area Name
331
Garage
Yes
Parking
Covered Parking
Parking Total
2.0
View
Y
County
San Mateo
Utilities
Public Utilities
Water Source
Public
Pool
Yes
Zoning
R40000

Property History

Date
Event
Price
Value
2/28/23
Price Change
$3,195,000
-3%

Courtesy of Cornish & Carey Commercial, Steve Zirelli,
Listing Contact: 650-224-3118 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Bret Evans shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 8:43 AM UTC, 3/30/23

 

RE/MAX
Bret Evans
Office: (650) 722-6555Email: bretevans480@gmail.com
Contact