1411 Oxford Street, Redwood City, CA 94061

$3,290,000
7,173
SqFt

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List Price
$3,290,000
Status
ACTIVE
MLS#
ML82055194
Year Built
1976
Property Type
Other
Living Area
7,173
Lot Size
10,850
Acres
0.25
County
San Mateo
Subdivision
Ca

Property Description

Rarely Available, Pride-of-Ownership Westside RWC Multifamily Asset. Tree-Lined Street in Desirable, Quiet Palm Park Submarket, West of El Camino Real. Easy Access, Central Mid-Peninsula Location. Strong In-Place Cap Rate w/ Excellent Rental Upside. Nice Unit Mix: Four (4) Spacious 1 BR/1 BA (+/- 605 SF) / One (1) Large 2 BR/1 BA (+/- 828 SF) / Two (2) Oversized 2 BR/1.25 BA (+/- 887 SF). Units Feature Hardwood Floors/LVT, Copper Plumbing, Updated Electrical. Lower-Level Units Feature Private Patios, Upper-Level Units Feature High-Ceiling, Skylights, and Private Balconies. Reliable, Steady Cashflow with Proven, Strong Rental History, Low Vacancy, and Low-Maintenance Mgmt. Well-Managed Asset with Strong In-Place Rents, Good Historical Tenancy. Easy Rental & Low Vacancy. Newer 1976 Construction vs. Majority of Peninsula Apartment Inventory (50's and 60's Construction). Multitude of Capital Improvements: Dual-Pane Windows, Roof, Water Heaters, Exterior Painting, etc. Close to Redwood City Cal-Train Station, Downtown Redwood City, Downtown Menlo Park and Palo Alto/Stanford. Short Commute to Major Silicon Valley Employers: Meta, Google, Kaiser, Tesla, Stanford University, to Name a Few. Easy Access From SR-84/Woodside Rd, El Camino Real, Highways 101, 280, and Other Major Freeways.

Additional Information

Appliances
Dishwasher, Refrigerator
Flooring
Hardwood, Tile
Laundry Features
Coin Operated
Lot Description
Level
Parking Features
Covered, Assigned
Roof
Composition Shingles
Water Sewer
Public

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Listing courtesy of Don Sung from Colliers Parrish International, Inc.. 650-380-5188

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