116 Pine ST, Redwood City, CA 94063

$3,395,000
6,300
SqFt

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List Price
$3,395,000
Price Change
▼ $100,000 1775778740
MLS#
ML82033415
Status
ACTIVE
Property Type
com
Sqft. of Residence
6,300
Lot Size
7,267
Listing Area
Lenolt Etc.
Year Built
1953

Property Description

Introducing 116 Pine St. in downtown Redwood City. The property features 10 fully renovated units (kitchens, baths, floors, doors, electrical, etc.) and offers three 2 bedroom 1 bathroom units and seven 1 bedroom 1 bathroom units. It sports an insanely desirable WalkScore of 94. Most importantly it is located one block from the 8 acre $600,000,000 Elko Yards development project. There's nothing but upside in this pocket of Redwood City and this investment provides solid returns immediately. Strong in-place RUBS. In close proximity to all the dining, shopping & entertainment amenities of Downtown Redwood City. Strategically located between San Francisco and San Jose, Redwood City continues to be one of the most dynamic and rapidly growing cities on the mid-Peninsula.

Additional Information

Age
73
Cooling System
None
Foundation
Concrete Perimeter
Garage Parking
Attached Garage, Carport
Heating System
Wall Furnace
Living Area
6,300
Lot Size
7,267
Neighborhood
Lenolt Etc.
Other Utilities
Individual Electric Meters, Individual Gas Meters
Roof
Flat / Low Pitch
Sewer
Sewer - Public
Special Features
None
Total Number Of Units
10
Unincorporated Yn
Yes
Zoning
Multifamily

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Steve Zirelli from Cornish & Carey Commercial. 650-224-3118

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