Redwood City, CA 94063,2483 Middlefield RD
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Redwood City, CA 94063,2483 Middlefield RD
Redwood City, CA 94063,2483 Middlefield RD

$4,990,000

Est. payment /mo

$5,650,000

11.7%
Est.Price: ?

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2483 Middlefield RD Redwood City, CA 94063

0.25 Acres Lot

SOLD DATE : 06/26/2020

Key Details

Sold Price $4,990,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID ML81772688

Sold Date 06/26/20

HOA Y/N No

Year Built 1964

Annual Tax Amount $74,679

Lot Size 10,890 Sqft

Property Description

2483 Middlefield Road, a well located 15-unit apartment community in thriving Redwood City, California. Situated on 0.25 Acre parcel of land, the subject property was originally constructed in 1964 and has a gross building area of approximately 13,302 square feet. The unit mix consists of all one-bedroom one-bathroom floorplans. Tenants have access to such amenities as covered parking and on-site laundry facilities. Located in Redwood City, California, 2483 Middlefield Road presents an uncommon opportunity to acquire a significant amount of units in one of the strongest rental markets in the Bay Area and the country. The property is located on the main commercial corridor of Middlefield Road with dozens of local restaurants and shops within a three block radius. Boasting a walk score of 87, tenants can easily accomplish their daily errands on foot.

Location

State CA

County San Mateo

Area 699 - Not Defined

Zoning MUN

Interior

Cooling None

Fireplace No

Exterior

Carport Spaces 15

Roof Type Tar/Gravel

Building

Water Public

Schools

School District Other

Others

Tax ID 054091410

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Robert Johnston • Marcus & Millichap
Bought with Marshall Ward
agent

Rachael Stern Hughel

Realtor | License ID: 01218759

+1(818) 397-8177

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