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223 Lincoln Ave
Redwood City, CA 94061
Multifamily Property For Sale
·
6 Units
Property Facts
| No. Units | 6 | Building Size | 6,868 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1960/2016 |
| Building Class | C | Parking Ratio | 1/1,000 SF |
| Lot Size | 0.17 AC | ||
| Zoning | R4, Redwood City | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 6,868 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1960/2016 |
| Parking Ratio | 1/1,000 SF |
| Zoning | R4, Redwood City |
Amenities
Site Amenities
- Laundry Facilities
About 223 LINCOLN AVE , REDWOOD CITY, CA 94061
Turnkey investment opportunity in a great west of El Camino location. Excellent unit mix consisting of (6) 2 bedroom / 1 bathroom units. All six units have been completely remodeled recently with high end finishes.. Kitchens feature: all new cabinets, synthetic stone countertops, glass tile backsplashes, stainless steel appliances, and under-mount sinks in kitchens and baths. Current gross monthly rents of $16,725 with upside. Walk score of 87 and less than 3/4 of a mile to Caltrain. 6 individual garages plus open parking spaces in front of garages. Local employers include: Stanford Hospital & Clinic, Google, Turn and Box. Tours: Tuesday Dec. 5th 10:00 am to 1:00 pm and Thursday Dec. 7th 1:00 pm to 4:00 pm.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | - | 805 |
Property Taxes
| Parcel Number | 053-092-070 | Improvements Assessment | $2,730,787 |
| Land Assessment | $1,251,610 | Total Assessment | $3,982,397 |
Property Taxes
Parcel Number
053-092-070
Land Assessment
$1,251,610
Improvements Assessment
$2,730,787
Total Assessment
$3,982,397
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