CA > Redwood City
Redwood City, CA 94063,645 Elm ST
Redwood City, CA 94063,645 Elm ST
Redwood City, CA 94063,645 Elm ST
Additional details
Paul Ward

Paul Ward

+1(805) 479-5004
$3,288,000
Est. payment /mo
7,579 Sqft Lot
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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML82000593

HOA Y/N No

Year Built 1955

Annual Tax Amount $38,657

Lot Size 7,579 Sqft

Property Description

Marcus & Millichap is please to present 645 Elm St, a stunning 8-unit community located in the thriving city of Redwood City, California. Situated on a quiet cul-de-sac, the asset offers residents beautifully designed two-bedroom and one-bedroom floor plans. The property also features convenient amenities such as private parking for all units, and an on-site laundry facility. Price at nearly a 5.75% CAP on current metrics, this asset qualifies for excellent bank financing, and is one of the highest yields available in San Mateo County. Located steps from lively Downtown Redwood City, residents are within a 15 minute walk to Sequoia Station, Whole Foods Market, Box Headquarters, and much more. The property is also within a 10 minute drive to Meta's Headquarters in Menlo Park. The Redwood City Caltrain Station is less than a mile away, which provides an inexpensive, hassle free commute to major employers in San Francisco, the Peninsula, and South Bay. With a world-class location in the heart of the Peninsula, 645 Elm Street presents an attractive choice for renters due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.

Location

State CA

County San Mateo

Area 699 - Not Defined

Zoning R-4

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Carport Spaces 4

Total Parking Spaces 3

Building

Water Public

Schools

School District Other

Others

Tax ID 053245430

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Eymon Binesh • Marcus & Millichap

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agent

Paul Ward

+1(805) 479-5004

Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

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