50 Dumbarton Avenue , Redwood City, CA 94063
Redwood City, CA 94063
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 Type | For Sale |
| Subtype | Resale |
| Status | Active Under Contract |
| Year | 1962 |
| Days On Site | 53 |
| Listing Provided By | Magnify Real Estate (877) 776-7718 | Kyle De Mattei |
Features
| Sq Feet | 10,903 |
|---|---|
| Car Port | Yes |
| Buildings | 1 |
| Zoning | R300S5 |
| Acreage | 0.18 |
Market Activity 94063
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Learn More About This Property
| State | CA |
|---|---|
| County | San Mateo |
| City | Redwood City |
| Zip Code | 94063 |
| Area | 699 Not Defined |
| Listing VS Median (in 94063) | |
Price: $3,688,000 low | high Med: $1,400,000 SqFt: 10,903 low | high Med: 2,432 $ / SqFt: $338 low | high Med: $576 On Site: 53 low | high Med: 47.000000 | |