Built in 1959, the subject property offers seven units with six-one bedroom and one bath units and one-two bedroom and one bath unit. The building consists of ±4,441 square feet of living space on a ±7,050 square foot lot.
One and two bedroom units offer tenants approximately 606 square feet and 800 square feet respectively. Unit interiors provide tenants with linoleum kitchen and bathroom floors, carpet throughout living quarters, wall furnace heaters, electric ranges, frost free refrigerators, garbage and ample closet space.
Building amenities include an on-site laundry facility, common area for recreation,motion sensor lighting, and carport parking with storage units for the tenants' enjoyment. The property further benefits from an ease of management with individual gas and electric meters, minimal maintenance requirements, and strong historical tenancy.
Exceptionally located four blocks West of El Camino Real in close proximity to the Bay Area' s major employment hubs via highway 101 and 280. The subject is walking distance to Sequoia Station and Redwood City' s vibrant and culturally diverse Downtown region.
The redevelopment of Downtown includes revamped entertainment venues, outdoor concerts at the Courthouse Square, and newly renovated Fox Theatre. Tech giant Google recently purchased one million square feet of space along the water front, Box, Inc. is leasing 334,000 square feet in the heart of downtown, and Stanford purchased 35 acres off highway 101 to build out their state-of-the-art Redwood City campus that broke ground in 2016.
The City of Redwood City is a San Francisco Bay Area community located in the heart of Silicon Valley, the technology-rich region extends from the San Francisco Peninsula to the foothills of the Santa Cruz Mountains. Redwood City is the third largest city within the County of San Mateo, with 82,881 residents.
