3786 Rolison Road Active

Redwood City,CA 94063

$ 3650000

- Bed

- Bath

11064 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 11,064 sqft

Price per Sqft $329

MLS Listing ID ML81997638

HOA Y/N No

Originating Board Datashare MLSListings

Year Built 1960

Lot Size 9,172 Sqft

Property Sub-Type Other

Property Description

5.98% DAY ONE CAP RATE. 11.48 DAY ONE GRM. Outstanding cash flow. Strong in-place RUBS & laundry income. Garage parking. In close proximity to all the dining, shopping & entertainment amenities of Downtown Redwood City. Strategically located between San Francisco and San Jose, Redwood City continues to be one of the most dynamic and rapidly growing cities on the mid-Peninsula. The area has experienced significant expansion, with an influx of major technology companies and a thriving downtown core. In recent years, downtown Redwood City has undergone a significant transformation, solidifying its status as a premier destination for businesses, residents, and visitors. Easy access to highways 84, 280, 101. This is part of a 29 unit portfolio sale consisting of 5 buildings, available as a portfolio or separately in any combination: 3786 Rolison Road, Redwood City - 12 Units, 154 Poplar Avenue, Redwood City - 5 Units, 505 Pierce Road, Menlo Park: 5 Units, 513 Pierce Road, Menlo Park - 5 Units, 501 Pierce Road, Menlo Park - Duplex. All properties on MLS.

Location

State CA

County San Mateo

Interior

Heating Natural Gas

Cooling None

Fireplace No

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