CA > Redwood City
Redwood City, CA 94061,131 Cerrito AVE
Redwood City, CA 94061,131 Cerrito AVE
Redwood City, CA 94061,131 Cerrito AVE
Listed by Ray Rodriguez • Compass
Bought with Simon Lo • Compass
$3,930,000
Est. payment /mo
$4,175,000
5.9%
Est.Price: ?

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3 Beds
3 Baths
6,914 SqFt
SOLD DATE : 07/12/2023

Key Details

Sold Price $3,930,000

Property Type Commercial

Sub Type Five or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 6,914 sqft

Price per Sqft $568

MLS Listing ID ML81924560

Bedrooms 3

Full Baths 3

Year Built 1960

Lot Size 9,438 Sqft

Property Sub-Type Five or More Units

Property Description

Assumable financing available ($1.6 Million @ 4.16% through 2026) This (9) Unit multifamily apartment complex, consists of a great unit mix of (2) 2 bedroom, 1 bathroom (6) 1 bedroom, 1 bathroom and (1) Studio Unit. 131 Cerrito Ave is located less than three miles away from Downtown Redwood City and only three and a half miles from Stanford University. Along with Stanford University, this property is close to the Stanford Shopping Center. The owner has recently completed a sewer lateral replacement for the peace of mind of current tenants and potential buyers.

Location

State CA

County San Mateo

Area Horgan Ranch Etc.

Zoning R-3

Interior

Heating Wall Furnace

Cooling Ceiling Fan, Window / Wall Unit

Exterior

Parking Features Attached Garage, Carport

Garage Spaces 3.0

Utilities Available Individual Electric Meters, Individual Gas Meters

Roof Type Flat / Low Pitch,Shingle

Building

Foundation Concrete Slab

Sewer Sewer - Private

Water Private / Mutual

Others

Special Listing Condition Not Applicable

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Steven Gary

Steven Gary

+1(408) 644-3287

Realtor | License ID: 01895061

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