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    825 Adams St

    Redwood City, CA 94061
    • $2,900,000
    • STATUS: Active
    • ON SITE: 13 days
    • ID#: ML81829488
    UPDATED: 61 min ago
    $2,900,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,123
      SQFT
    • $703
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1950
    County:

    School Ratings & Info

    Description

    Development/Multi-Residential Investment Opportunity located in West of El Camino Real! 825-837 Adams is permitted (pursuant to the Redwood City General Plan) development of 3-4 story apartment development. Current rental rents allow the investors to maintain a revenue stream while applying for land-use and building permits. Currently, 2 Story, 7 unit (1bd/1ba units~some updated units) with laundry facility, storage units and covered/carport parking, conveniently located to El Camino Real, Whole Foods, Downtown Redwood City, Caltrain and Hwy 101. Located in the heart of Silicon Valley's thriving Redwood City that is one of the most sought-after rental markets in the country. The investment appeal of this asset is driven by an economically robust area with low vacancies and high demand for employment and housing. It is strategically located between San Francisco and San Jose with many major employers such as Google, Electronic Arts, Equinix, Facebook and More!

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    © 2021 MLSListings Inc. Based on information from MLSListings MLS as of 2021-02-25T12:48:45.94. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Intero Real Estate.

    Licensed in the State of California.
    www.dominicnicoli.com/homes/114185967
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    825 Adams St Redwood City, CA 94061

    • Price: $2,900,000
    • Status: Active
    • Updated: 61 min ago
    • ID#: ML81829488
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    4,123
    SQFT
    $703
    $/SQFT
    1950
    Built
    Neighborhood:
    Central Park Etc.
    County:
    San Mateo
    Area:
    Central Park Etc.
    Property Description
    Development/Multi-Residential Investment Opportunity located in West of El Camino Real! 825-837 Adams is permitted (pursuant to the Redwood City General Plan) development of 3-4 story apartment development. Current rental rents allow the investors to maintain a revenue stream while applying for land-use and building permits. Currently, 2 Story, 7 unit (1bd/1ba units~some updated units) with laundry facility, storage units and covered/carport parking, conveniently located to El Camino Real, Whole Foods, Downtown Redwood City, Caltrain and Hwy 101. Located in the heart of Silicon Valley's thriving Redwood City that is one of the most sought-after rental markets in the country. The investment appeal of this asset is driven by an economically robust area with low vacancies and high demand for employment and housing. It is strategically located between San Francisco and San Jose with many major employers such as Google, Electronic Arts, Equinix, Facebook and More!
    Exterior Features

    Foundation Concrete Slab Garage Parking Attached GarageCarportParking Area Lot Description Grade - Level Number Of Buildings 3 Pool YN No Roof Composition Units In Complex Min 7

    Interior Features

    Beds Unit1 1 Beds Unit2 1 Beds Unit3 1 Beds Unit4 1 Cooling None Flooring HardwoodVinyl / Linoleum Heating Wall Furnace Kitchen Features Countertop - FormicaOven Range - Gas Structure Sq Ft 4123

    Property Features

    Accessibility Features Parking Additional Listing Info Not Applicable City Limits Yes City Name Redwood City Communications None Community Name 825 Adams Hoa YN No Incorporated Yes Lot Size Area Maximum 10000.00 Meters Master WaterSeparate ElectricSeparate Gas Rent Unit1 2050 Rent Unit2 2050 Rent Unit3 0 Rent Unit4 2000 Restrictions Parking Restrictions Security Features None Sewer Septic Sewer - Public Sq Ft Source Other Utilities Individual Electric MetersIndividual Gas MetersPublic Utilities Water Public Zoning R4

    © 2021 MLSListings Inc. All rights reserved. Listing provided courtesy of Carmen Miranda of Compass.


    © 2021 MLSListings Inc. Based on information from MLSListings MLS as of 2021-02-25T12:48:45.94. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Intero Real Estate.

    Licensed in the State of California.
     
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