Properties

Comm Ri Multi-units 5+ For Sale

4,354 Sqft - 140 Roosevelt Avenue, REDWOOD CITY, California 94061

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Property Description

Compass Commercial is pleased to offer this incredible turnkey opportunity located in highly desirable, Redwood City, California. Situated on a 7,470 square-foot parcel of land, the subject property located at 140 Roosevelt Avenue was constructed in 1932 and has a gross building area of 4,354 square feet. This five-unit turnkey apartment complex consists of one (1) two-bedroom/two-bathroom detached single family home in the front, and a fourplex situated in the back with two (2) two-bedroom/one-bathroom units, and two (2) one-bedroom/one-bathroom units. The property has undergone extensive exterior and interior updates, and has been EXTREMELY WELL-MAINTAINED. The units are bright with natural light and each has a locked storage area in the carport. The robust high tech job growth, shortage of housing units, proximity to shopping and public transportation, and core Silicon Valley location make 140 Roosevelt a great opportunity for both the cashflow and appreciation-minded investor.

Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : ML81867589
Price : $2,650,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 4,354 Sqft
Year Built : 1932
Lot Area : 0.17 Sqft
Features
Heating System : Forced Air 1 Zone, Wall Furnace
Cooling System : Ceiling Fan(s)
Roof : Composition Shingles
Address Map
Country : US
State : CA
County : San Mateo
City : REDWOOD CITY
Zipcode : 94061
Street : Roosevelt Avenue
Street Number : 140
Floor Number : 0
Longitude : W123° 46' 24.3''
Latitude : N37° 28' 44''
MLS Addon
Office Name : Compass SF
Building Type : Other
Area : Central Park Etc
Address : 140 Roosevelt Avenue
LA1User Code : MLL5077268
LA1Agent First Name : Nathan
LA1Agent Last Name : Gustavson
Status Category : Pending
Tot # Parking Spaces : 0
Tot # of Units : 5
Zoning : R4
List $/SqFt : $0
Age : 89
Apx Lot Sq Ft : 7,470 Sqft
Type of Building : Apt Complex
Annual Taxes : $28,876
Total Deposits : $0
ALL UNITS HAVE : Refrigerator, Updated Baths, Updated Kitchen
FLOORING : Tile, Laminate, Hardwood Floors
ON-SITE PARKING DESC : Attached Garage, Spaces - Assigned
OPERATING EXPENSES : Insurance, Maintenance/repair, Trash Removal, Utilities
TENANT PAYS : Electric, Gas
WATER/SEWER : Water - Public, Sewer System - Public
LAUNDRY : Coin Operated
Bus Sq Ft of Bldg : 0 Sqft
Other Loans (Y/N) : No
1st Loan Balance : $0
2nd Loan Balance : $0
Tot Other Loans : $0
Financial Data Verif(Y/N) : 3.6
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $2,650,000
Sold Price : $0
Previous Price : $0
Sale $/SqFt : $0
Gross Oper Actual Inc : 0
Annual Gross Sched Inc : 153600
Net Oper Income : 95273
Annual Mgmt Exp : 0
Annual License Exp : 0
Annual Util Exp : 2732
Other Ann Exp : 0
Tot Ann Oper Exp : 0
First Loan Payment : 0
First Balance : 0
Annual Insurance Exp : 0
INTERNET DISPLAY : 0
INTERNET SITES : 0
SA1Agent Type : 0
Gross Rent Multiplier : 17.25
List Agent DRE Num. : 01898316
Filtered Address : 140 Roosevelt AVE
LA1Agent License ID : 01898316
LA1Old Agent ID : 354914
LA2Agent First Name : Cameron
LA2Agent Last Name : Foster
LA2User Code : MLL5084075
LA2Old Agent ID : 389252
LA2NRDS_ID : 166016871
Annual Vacancy : 0
Gross Income : 0
Sale/Original $ : 0
Annual Exp Yr : 0
Sale $/SqFt : 0
1st - Yrs Remaining : 0
Sale/Last List $ : 0
Interest Rate : 0
Board ID : Datashare MLSListings
Assessors Parcel No : 053-094-130
Showing : Call Listing Agent,Do Not Disturb Occupants
LO2Office Name : Compass SF
LO1Main Office ID : 76104
LO1Board ID : 0
LO2Office Identifier : 76104
LO2Main Office ID : 76104
SO1Office Identifier : 0
SO1Board ID : 0
SO2Office Identifier : 0
SO2Office Type : 0
VOW Include : Yes
VOW Address : Yes
VOW Comment : Yes
VOW AVM : Yes
Status Detail : 0
Search Price : 2650000
Address Search Number : 140
Listing Agent : 304575
Listing Office : 76104
Co-List Agent : 338190
Listing Office 2 : 76104
Apprx Equity : 0
Buyer Agent 1 : 0
Buying Office 1 : 0
Co-Sell Agent : 0
Buying Office 2 : 0
Photo Count : 39
Input Date : 21/10/2021 17:17:26
Update Date : 20/12/2021 19:39:08
PhotoTimestamp : 29/10/2021 03:34:00
First Photo Add Timestamp :
List Date : 21/10/2021
Expire Date :
Pending Date : 27/10/2021
Closing Date : 07/02/2022
Status Date : 28/10/2021
Price Date :
Off Market Date : 27/10/2021
Status : Pending
HOA : No
Off Market Status Date :
LVT Date :
DOMLS : 6
Cumulative DOMLS : 6
Unit # 1 # of Bedrooms: 2
Unit # 1 Approx. SqFt: 1022
Unit # 2 # of Bedrooms: 2
Unit # 2 Approx. SqFt: 710
Unit # 3 # of Bedrooms: 1
Unit # 3 Approx. SqFt: 525
Comm Ri Multi-units 5+ For Sale
  • Listing ID : ML81867589
  • Bedrooms : 0
  • Bathrooms : 0
  • Square Footage : 4,354 Sqft
$2,650,000
Agent info
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