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1548 Hudson St
Redwood City, CA 94061
Multifamily Property For Sale · 10 Units

Property Facts

No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.38 AC
Building Size 16,059 SF
No. Stories 2
Year Built/Renovated 1964/2015
Parking Ratio 1.25/1,000 SF
Zoning R30000

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Storage Space
  • Washer/Dryer
  • Heating
  • Double Pane Windows
  • Patio

About 1548 HUDSON ST , REDWOOD CITY, CA 94061

1548 Hudson St offers a stunning, 10-unit apartment community located in Redwood City, California.Constructed in 1964, Palm Park Apartments is a free-standing 10-unit multi- family property situated on a 16,727 square foot lot. The property includes 20 On-Site Parking spaces. The unit mix consists of 6: 2br 1ba & 4: 3br 2ba units. The investment appeal of this asset is driven by Redwood Citys strong employment fundamentals and low vacancy levels. With a world-class location in the heart of Silicon Valley, Palm Park Ave Apartments present an attractive choice for Peninsula renters due to the close proximity to major employers, transportation corridors, shopping, dining and entertainment. Located in Redwood City, California, Palm Park Apartments present a rare opportunity to acquire a solid asset in The Bay Areas Mid-Peninsula, one of the strongest rental markets in the country. Considered to be one of the most successful redevelopment efforts in the region, Redwood City's downtown provides residents with shopping, dining, entertainment, cultural events and social activities, all set in an attractive, pedestrian-friendly district . The renaissance of historic downtown has created a vibrant, walk able and environmentally friendly community that provides residents with an outstanding live, work and play atmosphere near transit, jobs and services. This dynamic urban center has been a catalyst in recent years, resulting in a variety of new retail and commercial developments.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 6 $2,786 1,067
3+2 4 $3,885 1,412

Property Taxes

Property Taxes

Parcel Number
059-062-440
Land Assessment
$2,389,439
Improvements Assessment
$4,437,532
Total Assessment
$6,826,971
  • Listing ID: 11829659

  • Date on Market: 3/6/2018

  • Last Updated:

  • Address: 1548 Hudson St, Redwood City, CA 94061

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