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Listed by Realty 110, Inc.
$ 1,599,995
Est. payment | /mo
3,941 SqFt
$ 1,599,995
Est. payment | /mo
3,941 SqFt
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,941 sqft
Price per Sqft $405
MLS Listing ID ML82047062
HOA Y/N No
Year Built 1965
Lot Size 5,000 Sqft
Property Sub-Type Triplex
Source Datashare MLSListings
Property Description
A rare value-add opportunity in the heart of Redwood City, this well-located triplex sits just blocks from vibrant downtown and directly across from a park, offering an ideal blend of convenience and lifestyle appeal. Each of the three spacious units features 2 bedrooms, 1 full bathroom, a generous living area, and a dedicated dining space alongside a functional kitchen layout. Residents enjoy access to a shared community laundry room, while each unit includes garage space for parking and additional storage. The property offers desirable outdoor living options: the downstairs unit boasts a private backyard, perfect for entertaining or relaxing, while the two upstairs units each feature their own private balconies. This is a compelling Bay Area investment with strong upside potential. Unit 1 is vacant and ready for finishing touches, presenting an opportunity to achieve top-market rents. Units 2 and 3 are currently leased to long-term tenants, providing immediate income stability. With its unbeatable location and clear value-add potential, this triplex stands out as an exceptional investment in one of the Peninsula's most sought-after rental markets.
Location
State CA
County San Mateo
Interior
Heating Forced Air, Wall Furnace
Cooling Ceiling Fan(s)
Fireplace No
Building
Water Public
Schools
School District Sequoia Union High, Redwood City Elementary
Schools and Properties Nearby