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$3,650,000

Est. payment - /mo

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9,173 Sqft Lot

Pending

3786 Rolison RD Redwood City, CA 94063

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Chris Mardelli

chris@therealupside.com +1(310) 571-5761

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Key Details

Property Type Commercial

Listing Status Pending

Purchase Type For Sale

MLS Listing ID ML81997638

HOA Y/N No

Year Built 1960

Annual Tax Amount $57,853

Lot Size 9,173 Sqft

Property Description

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.

Location

State CA

County San Mateo

Area 699 - Not Defined

Zoning R3

Interior

Cooling None

Fireplace No

Exterior

Roof Type Flat,Tar/Gravel

Total Parking Spaces 3

Schools

School District Other

Others

Tax ID 055161220

Security Features Security Lights

Special Listing Condition Standard

Listed by Matthew Thomson Compass

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