Redwood City, CA 94063,645 Elm ST
Redwood City, CA 94063,645 Elm ST
Redwood City, CA 94063,645 Elm ST
Listed by Steve Zirelli • Cornish & Carey Commercial
Bought with Fan Cox • BQ Realty
$3,100,000
Est. payment /mo
$3,195,000
3.0%
Est.Price: ?

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3 Beds
3 Baths
4,472 SqFt
SOLD DATE : 06/14/2023

Key Details

Sold Price $3,100,000

Property Type Commercial

Sub Type Five or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 4,472 sqft

Price per Sqft $693

MLS Listing ID ML81920092

Bedrooms 3

Full Baths 3

Year Built 1955

Lot Size 7,579 Sqft

Property Sub-Type Five or More Units

Property Description

$500,000 price reduction! 645 Elm Street offers an investor a unique opportunity to acquire a well maintained apartment property strategically positioned in one of the most sought after submarkets in the country. The building sits on a 7,579 SF lot with 4,472 SF of rentable space. The complex benefits from a solid unit mix of (3) two-bedroom/one-bath and (5) one-bedroom/one-bath units. The property has dual pane windows throughout the entire building and an on-site laundry facility. Five of the eight units have been remodeled. Property is perfectly suited to add one or two Additional Dwelling Units (ADUs). 645 Elm St. has an almost unheard of Walkscore of 97 and is 1/3 of a mile to the intersection of Broadway and Main St. in downtown Redwood City. Can be purchased together with 6 units located at 1584 Regent St. in Redwood City.

Location

State CA

County San Mateo

Area Lenolt Etc.

Zoning R40000

Interior

Heating Wall Furnace

Cooling None

Exterior

Parking Features Covered Parking

Utilities Available Public Utilities

Roof Type Tar and Gravel

Building

Foundation Concrete Perimeter

Sewer Sewer - Public

Water Public

Others

Special Listing Condition Not Applicable

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Steven Gary

Steven Gary

+1(408) 644-3287

Realtor | License ID: 01895061

Realtor License ID: 01895061

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