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5.98% DAY ONE CAP RATE. 11.48 DAY ONE GRM. Outstanding cash flow. Strong in-place RUBS & laundry income. Garage parking. 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. The area has experienced significant expansion, with an influx of major technology companies and a thriving downtown core. In recent years, downtown Redwood City has undergone a significant transformation, solidifying its status as a premier destination for businesses, residents, and visitors. Easy access to highways 84, 280, 101. This is part of a 29 unit portfolio sale consisting of 5 buildings, available as a portfolio or separately in any combination: 3786 Rolison Road, Redwood City - 12 Units, 154 Poplar Avenue, Redwood City - 5 Units, 505 Pierce Road, Menlo Park: 5 Units, 513 Pierce Road, Menlo Park - 5 Units, 501 Pierce Road, Menlo Park - Duplex. All properties on MLS.
Property Type(s):
Commercial
| Last Updated | 3/12/2025 | Year Built | 1960 |
|---|---|---|---|
| Community | Not Defined | County | San Mateo |
SCHOOLS
| School District | Other |
|---|
Additional Details
| AIR | None |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Not Defined |
| HOA DUES | 0 |
| LOT | 9172 sq ft |
| TAXES | 57853 |
| ZONING | R3 |
Location
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Listed with Compass
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