$4,650,000 Listed for $4,880,000

  • 14459 sqft
  • Commercial /Five or More Units
  • Closed Sale
ADDRESS NOT FOUND, Redwood City, CA for sale.
ADDRESS NOT FOUND, Redwood City, CA for sale.
Courtesy of Marcus & Millichap
1567 Regent Street, a trophy asset located in Redwood City, California. The subject property is situated on a 10,614 square foot (per county assessor) lot with approximately 14,459 square feet (per county assessor) of gross living space. The apartment building consists of eight (8) exceptionally large units, with eight (8) remote controlled garage spaces. The unit mix consists of one (1) three-bedroom/two-bathroom unit (2,200 square feet), one (1) two-bedroom/one-bathroom unit (1,000 square feet), and six (6) two-bedroom/two-bathroom units (1,022-1,759 square feet). All eight (8) garage doors have been replaced in 2018. The property also provides tenants with one (1) private three stop hydraulic elevator, two (2) on-site parking spaces, a laundry room with one (1) coin operated washer and dryer, and five (5) walk-in storage units. The investment appeal of this asset is driven by Redwood Citys strong employment fundamentals and low vacancy levels.
Last updated on 4/24/2019
Courtesy of Marcus & Millichap

More Details for 1567 REGENT STREET

Property Class: Commercial Multi-Residential
Listing Status: Closed Sale
City: Redwood City
State: CA
Zip: 94061
Area: 333 - Central Park Etc.
County: San Mateo
Class: Commercial
Property Subtype: Five or More Units
Approx Lot Size: 0.244
REO/Bank Owned:No
Close Date: 11/27/2018
Property Sub Type Descr: Five or More Units
Parking Total:8.00
Living Area (SqFt): 14459 sqft
Lot Size Area Sq Feet: 10614.00
Lot Size Area Acres: 0.24366
Property Tax: $54,006
REO/ Bank Owned: No
Short Sale:N/A
Listing#: 81726477
Parcel Number: 059083040
Year Built: 1964
List Date: 10/5/2018

Features for 1567 REGENT STREET

Cooling: Central Forced Air - Gas
Utilities Sewer: Sewer Connected
Disability Features: Elevator / Lift
Heating: Central Forced Air
Foundation: Concrete Perimeter
Utilities Water: Public

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