Redwood City, CA 94063,645 Elm ST
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Redwood City, CA 94063,645 Elm ST
Redwood City, CA 94063,645 Elm ST
Redwood City, CA 94063,645 Elm ST
Redwood City, CA 94063,645 Elm ST

$3,100,000

Est. payment /mo

$3,195,000

3.0%
Est.Price: ?

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645 Elm ST Redwood City, CA 94063

4,472 SqFt

SOLD DATE : 06/14/2023

Key Details

Sold Price $3,100,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 4,472 sqft

Price per Sqft $693

MLS Listing ID ML81920092

Sold Date 06/14/23

HOA Y/N No

Year Built 1955

Annual Tax Amount $39,962

Lot Size 7,579 Sqft

Acres 0.174

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 699 - Not Defined

Zoning R40000

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Carport Spaces 6

Roof Type Tar/Gravel

Total Parking Spaces 2

Building

Water Public

Schools

School District Other

Others

Tax ID 053245430

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Steve Zirelli • Cornish & Carey Commercial
Bought with Fan Cox • BQ Group Inc

Rick J Lee

Agent | License ID: 02130981

+1(714) 943-1598

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