757 Warrington Ave - Multi-Family FOR SALE


Redwood City, CA 94063- Redwood Village
$1,800,000 USD
510-304-8077
757 Warrington Ave, Redwood City, CA for Sale
$1,800,000 USD
Multi-Family - FOR SALE
1/12
null | 3.23% Cap Rate

757 Warrington Ave
Redwood City, CA 94063
Redwood Village


HIGHLIGHTS

  • Investors have the opportunity to acquire a well-situated fourplex in a dynamic and desirable Redwood City location.
  • Tenants enjoy upgraded unit interiors featuring double pane windows, renovated kitchens, granite countertops and kitchen tile flooring.
  • The subject property is located within close proximity of vibrant Downtown Redwood City, home to a myriad of high-end shopping and dining.
  • 757 Warrington Ave offers tenants convenient property amenities such as private garage parking and individual tankless water heaters.

OVERVIEW

757 Warrington Ave is an exceptional fourplex investment opportunity located in the thriving city of Redwood City, California. Situated on a 4,929 square foot parcel of land, the subject property was originally constructed in 1949 and has a gross building area of approximately 2,080 square feet, offering its tenants beautifully designed one-bedroom floor plans. Tenants enjoy upgraded unit interiors featuring double pane windows, renovated kitchens, granite countertops, kitchen tile flooring and modern cabinetry. Additionally, the subject property features individual tankless water heaters and a three car garage. The subject property is located just minutes from the lively Downtown Redwood City which offers tenants and residents a myriad of high-end shopping, dining and entertainment options. The Redwood City Caltrain Station, offering Express services is also close by and 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 options, residents enjoy easy access to the major transportation corridors of U.S. Highway 101, Interstate 280, the San Mateo- Hayward Bridge and the Dumbarton Bridge. The investment appeal of this asset is driven by Redwood City's strong employment fundamentals and low vacancy levels. With a world-class location in the heart of San Francisco's Bay Area, 757 Warrington Ave presents an attractive choice for peninsula renters due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$865 USD /SF

# OF UNITS

4

PRICE/UNIT

$450,000

CAP RATE

3.23%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1949

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,929 SF

ZONING

M-1/NFO

APN/PARCEL ID

054-184-080

ASK ABOUT THIS PROPERTY

Robert JohnstonLevin JohnstonMore Info
510-304-8077

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

Robert JohnstonLevin JohnstonMore Info
510-304-8077

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