Redwood City, CA 94063,62 Winslow ST
Redwood City, CA 94063,62 Winslow ST
Redwood City, CA 94063,62 Winslow ST
9
$1,750,000
$1,800,000
2.8%
Est.Price: ?

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4,499 Sqft Lot

62 Winslow ST Redwood City, CA 94063

Est. payment /mo
SOLD DATE : 03/06/2024

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Key Details

Sold Price $1,750,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID ML81949532

Sold Date 03/06/24

HOA Y/N No

Year Built 1957

Annual Tax Amount $20,106

Lot Size 4,499 Sqft

Property Description

62 Winslow Street offers an investor a unique opportunity to acquire a well-maintained property strategically positioned near the heart of booming downtown Redwood City. The building sits on a 4,500 SF Lot with 3,686 SF of rentable space. The complex benefits from an attractive unit mix of (1) Two-Bedroom/ One-Bath Unit and (4) One-Bedroom / One Bath Units. The 2-bedroom unit and one of the 1-bedroom units was recently extensively renovated. The property has dual pane windows throughout the entire building and an onsite Laundry Facility. Strong in-place rents providing day-one Cap Rate of 5.69%. All tenants enjoy a large common area patio space that offers a new owner add-value opportunity with enhanced amenities. Tenants also benefit from 5 private garage spaces. 62 Winslow is in a fantastic location only a short walk from all the attractive amenities of downtown Redwood City.

Location

State CA

County San Mateo

Area 699 - Not Defined

Zoning Multifamily

Interior

Cooling None

Fireplace No

Exterior

Roof Type Composition

Total Parking Spaces 5

Building

Water Public

Schools

School District Other

Others

Tax ID 052262130

Security Features Security Lights

Financing Conventional

Special Listing Condition Standard

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CRMLS – RECore
Listed by Matthew Thomson Newmark Cornish & Carey
Bought with Larry Aikins Terrace Associates

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agent

Alan Mijares

Agent | License ID: 2044517

+1(818) 635-8355

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