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$2,500,000
New Listing

217 Alden Street
Redwood City, CA 94063

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
4,992
SqFt
$501
/SqFt
1946
Built
County:
San Mateo
Listed by Steve Belluomini of Corcoran Icon Properties [email protected]
217 Alden Street217 Alden Street217 Alden Street217 Alden Street
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Monthly Payment (Est.)

$11,406
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Well-Located Apartment Investment ±4,992 SF, five-unit apartment building near downtown Redwood City an all two-bedroom / one-bath unit mix on a ±5,000 SF lot, offering durable residential income in one of the Peninsula's most supply-constrained rental markets. Strong In-Place Rental Income Five two-bedroom units provide stable, in-demand housing product with immediate cash flow at close. Downtown Redwood City · Walkable & Transit-Rich Blocks from downtown Redwood City, the Caltrain station, and the Sequoia Station retail district a highly walkable location with strong tenant demand from the Oracle, Electronic Arts, and Box employment base and Stanford in Redwood City. Mid-Peninsula Supply-Constrained Hold Severely constrained housing supply between San Francisco and San Jose, combined with Redwood City's status as the largest city on the Mid-Peninsula, supports durable occupancy, rent growth, and a defensive long-term multifamily hold.

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Listing Snapshot
Price 
$2,500,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,992 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1148 Acres
Year Built 
1946
MLS® Number 
ML82054736
Status 
Active
Property Tax 
$27,517
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Other
Friends & Family
Recent Activity
5 hours agoListing updated with changes from the MLS®
12 hours agoListing first seen on site
General Features
Acres 
0.1148
Parking Spaces 
5
Special Circumstances 
Standard
SqFt Total 
4992
Utilities 
Other
Water Source 
Other
Zoning 
r5
Interior Features
Cooling 
None
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Exterior Features
Roof 
Shingle
Community Features
MLS Area 
699 - Not Defined
School District 
Other
Schools
School District
Other
Elementary School
Unknown
Middle School
Unknown
High School
Unknown


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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