1151 Davis St - Apartments FOR SALE


Redwood City, CA 94061- Palm Park
$3,100,000 USD
650-688-8533
1151 Davis St, Redwood City, CA for Sale
$3,100,000 USD
Apartments - FOR SALE
1/13
null | 4.21% Cap Rate

1151 Davis St
Redwood City, CA 94061
Palm Park


OVERVIEW

Introducing 1151 Davis St. in Redwood City. This 7 unit gem is located in a fantastic west of El Camino neighborhood and feature one 2 bedroom, five 1 bedroom and one studio units. Two units benefit from balconies and two others from private yards. All units are uniformly and completely renovated: new kitchens, new bathrooms, flooring, doors, molding, Schlage Smart Locks, etc. All electrical main panels have been upgraded. All but one of the sub-panels has been upgraded. A bike shed featuring top of the line wall mount bike racks was recently constructed onsite. Come see this beautiful turnkey investment opportunity.

FOR SALE DETAILS

PRICE

$3,100,000 USD

PRICE/SF

$563 USD /SF

# OF UNITS

7

PRICE/UNIT

$442,857

CAP RATE

4.21%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1961

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,070 SF

ZONING

-

APN/PARCEL ID

053-112-270

ASK ABOUT THIS PROPERTY

Steve ZirelliARA NewmarkMore Info
650-688-8533

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Steve ZirelliARA NewmarkMore Info
650-688-8533

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