3212 Rolison Rd - Apartments FOR SALE


Redwood City, CA 94063- Friendly Acres
$3,100,000 USD
650-492-0934
3212 Rolison Rd, Redwood City, CA for Sale
$3,100,000 USD
Apartments - FOR SALE
1/5
null | 4.37% Cap Rate

3212 Rolison Rd
Redwood City, CA 94063
Friendly Acres


HIGHLIGHTS

  • Recent Capital Improvements
  • Exceptional Mid-Peninsula Investment Opportunity
  • Desirable Unit Mix
  • Convenient Amenities
  • Proximity to Vibrant Downtown Redwood City

OVERVIEW

For additional information, please contact Justin Fink at justin@levinjohnston.com or 650-576-5408. 3212 Rolison Rd is a stunning 8-unit apartment community located in the thriving city of Redwood City, California. Situated on a 10,044-square-foot parcel, the property was originally constructed in 1964 and features a gross building area of approximately 7,040 square feet, offering tenants 100% beautifully designed two-bedroom floor plans. The community is just minutes from lively Downtown Redwood City, providing residents with a myriad of high-end shopping, dining, and entertainment options, while the nearby Redwood City Caltrain Station, offering Baby Bullet services, provides an inexpensive, hassle-free commute to major employment and entertainment centers in San Francisco, the Peninsula, and the South Bay. In addition to excellent public transportation, residents enjoy easy access to major corridors including U.S. Highway 101, Interstate 280, the San Mateo-Hayward Bridge, and the Dumbarton Bridge. The investment appeal of this asset is underscored by Redwood City's strong employment fundamentals and low vacancy levels, making 3212 Rolison Rd an attractive choice for Peninsula renters due to its world-class location near major employers, transportation, and lifestyle amenities.

FOR SALE DETAILS

PRICE

$3,100,000 USD

PRICE/SF

$440 USD /SF

# OF UNITS

8

PRICE/UNIT

$387,500

CAP RATE

4.37%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

R3, Redwood City

APN/PARCEL ID

055-031-370

ASK ABOUT THIS PROPERTY

Adam LevinLevin JohnstonMore Info
650-492-0934

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Adam LevinLevin JohnstonMore Info
650-492-0934

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