$3,688,000
( $338.26Per Sq Foot )
 $19,798 est/mo Sourced by Back At You

50 Dumbarton Avenue , Redwood City, CA 94063

Redwood City, CA 94063

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Description

We are pleased to present the opportunity to acquire 50 Dumbarton Ave, a meticulously maintained property with 10 units. This property has benefited from over 30 years of dedicated ownership, ensuring its excellent condition. Built in 1962, the building spans 10,903 square feet per county record on a 7,700 square foot corner parcel. The unit mix includes 8 two-bedroom/one-bathroom units and 2 studios, offering a versatile living arrangement. The building has copper plumbing and recent capital improvements include a new sewer line, dual pane windows and a new central water heater. Interior upgrades include LVP floors, granite countertops, bathroom vanities and shower surrounds. The property has strong cash flow with 20%+ upside in rents. The property is ideally located close to El Camino Real, providing easy access to transportation and major highways. It is conveniently near Downtown Redwood City, Elco Yards, Downtown Menlo Park, Stanford Shopping Mall, and Stanford University. Additionally, it is in proximity to major corporate headquarters such as Facebook, Google, and Oracle, among many others.

Details

MLS#ML81984282
Listing TypeFor Sale
Sub-TypeResale
StatusActive Under Contract
Year1962
Days On Site22
Listing Provided ByMagnify Real Estate (877) 776-7718 | Kyle De Mattei

Features

SQ Feet10,903
Car PortYes
Building(s)1
ZoningR300S5
Acreage0.18

Market Activity 94063

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Listings Checked: 5 minutes ago
StateCA
CountySan Mateo
CityRedwood City
Zip Code94063
Area699 Not Defined
Listing VS Median (in 94063)
Price:
$3,688,000
low | high
Med:
$1,100,000
100% of Average
SqFt:
10,903
low | high
Med:
1,000
100% of Average
$ / SqFt:
$338
low | high
Med:
$1,100
100% of Average
On Site:
22
low | high
Med:
219.000000
10.045662100457% of Average
Sourced by Back At You
Listing Updated: November 5, 2024 at 12:44:35 PM PST