$3,100,000
$3,195,000
3.0%For more information regarding the value of a property, please contact us for a free consultation.
645 Elm ST Redwood City, CA 94063
4,472 SqFt
Key Details
Sold Price $3,100,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 4,472 sqft
Price per Sqft $693
MLS Listing ID ML81920092
Sold Date 06/14/23
HOA Y/N No
Year Built 1955
Annual Tax Amount $39,962
Lot Size 7,579 Sqft
Property Description
$500,000 price reduction! 645 Elm Street offers an investor a unique opportunity to acquire a well maintained apartment property strategically positioned in one of the most sought after submarkets in the country. The building sits on a 7,579 SF lot with 4,472 SF of rentable space. The complex benefits from a solid unit mix of (3) two-bedroom/one-bath and (5) one-bedroom/one-bath units. The property has dual pane windows throughout the entire building and an on-site laundry facility. Five of the eight units have been remodeled. Property is perfectly suited to add one or two Additional Dwelling Units (ADUs). 645 Elm St. has an almost unheard of Walkscore of 97 and is 1/3 of a mile to the intersection of Broadway and Main St. in downtown Redwood City. Can be purchased together with 6 units located at 1584 Regent St. in Redwood City.
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning R40000
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Carport Spaces 6
Roof Type Tar/Gravel
Total Parking Spaces 2
Building
Water Public
Schools
School District Other
Others
Tax ID 053245430
Financing Conventional
Special Listing Condition Standard
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Bought with Fan Cox • BQ Group Inc