1110 Allerton St - Multi-Family FOR SALE


Redwood City, CA 94063- Centennial
$1,599,995 USD
530-242-4114
1110 Allerton St, Redwood City, CA for Sale
$1,599,995 USD
Multi-Family - FOR SALE
1/16
null | Request Cap Rate

1110 Allerton St
Redwood City, CA 94063
Centennial


HIGHLIGHTS

  • Unit #1 Vacant and Ready for Rehab to Obtain Top Market Rent
  • Unit #2 and #3 have long term tenants in place

OVERVIEW

A rare value-add opportunity in the heart of Redwood City, this well-located triplex sits just blocks from vibrant downtown and directly across from a park, offering an ideal blend of convenience and lifestyle appeal. Each of the three spacious units features 2 bedrooms, 1 full bathroom, a generous living area, and a dedicated dining space alongside a functional kitchen layout. Residents enjoy access to a shared community laundry room, while each unit includes garage space for parking and additional storage. The property offers desirable outdoor living options: the downstairs unit boasts a private backyard, perfect for entertaining or relaxing, while the two upstairs units each feature their own private balconies. This is a compelling Bay Area investment with strong upside potential. Unit 1 is vacant and ready for finishing touches, presenting an opportunity to achieve top-market rents. Units 2 and 3 are currently leased to long-term tenants, providing immediate income stability. With its unbeatable location and clear value-add potential, this triplex stands out as an exceptional investment in one of the Peninsula's most sought-after rental markets.

FOR SALE DETAILS

PRICE

$1,599,995 USD

PRICE/SF

$406 USD /SF

# OF UNITS

3

PRICE/UNIT

$533,332

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1110 Allerton Street, Redwood City, CA

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

052-263-090

ASK ABOUT THIS PROPERTY

Nick KerleyREALTY110,INC.More Info
530-242-4114

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Nick KerleyREALTY110,INC.More Info
530-242-4114

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.