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Property Description

1051 Whipple Avenue is a six-unit multi family asset located on a corner lot at Whipple Avenue and Arch Street in Redwood City, California. The building comprises approximately 7,510 square feet, including a shared ground-floor common garage and storage, with 3 two-bedroom / 1.5-bath units, 1 two bedroom with 1 bath and two one-bedroom / 1-bath units across the building's first and second floors.The offering represents a rare opportunity to acquire a well-maintained, long-held Peninsula multifamily property with substantial embedded rent upside. In-place rents are below market rate. Unit 3 is currently vacant and available for immediate lease-up at market.

Overview

Property Status
For Sale
Lot Size
8,482 Sq.Ft.
MLS ID
ML82061712
Property Type
Residential
Year Built
1951

Features & Amenities

Total Area
7,513 Sq.Ft.
Neighborhood
Redwood City
Garage Spaces
4.0
Water Source
Public
Utilities
Water Public
Roof
Composition, Shingle
Parking
Common Parking Area, On Street
Heat Type
Central Forced Air
Air Conditioning
None
Appliances
Garbage Disposal, Oven Range
Sewer
Public Sewer
Substructure
Raised, Crawl Space
Disability Features
None
High School
SequoiaHigh_1
School District
SequoiaUnionHigh
Sales Price
$2,998,000
Zoning
R-5-O

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1051 Whipple AVE

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1051 Whipple AVE
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