35 Atherwood
Redwood City, CA 94061
- – beds
- – baths
- 5,017 sqft
- 6,955 sqft lot
- $348 per sqft
- 1957 build
- – on site
This rare Redwood City 6-Unit apartment building in the coveted Redwood Oaks neighborhood could be the perfect investment with upside for discerning buyers. 35 Atherwood Avenue, which consists of one 2BD/1BA and five 1BD/1BAs, will be delivered with four of the six units rented at close, and two units (both 1BD/1BAs) vacant and ready for the next owners to obtain market rate rents. Per the public tax records, the property measures 5,017 Sq Ft on the interior, and is nicely situated on a 6,955 Sq Ft lot with ample parking onsite and a coin-op laundry facility. Held by long-term family owners for many years, the building has a projected gross annual income in the $144,000 range with a current CAP rate in the 5.5% range. Located close to local schools, parks, shopping, dining, markets and easy freeway access, 35 Atherwood should provide an attractive tenant offering and investment for years to come. Don't miss the opportunity to add this unique opportunity to your portfolio!
Listing courtesy of SFMLS / Berkshire Hathaway-Franciscan
Last checked:
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Last updated Jun 8, 2024
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MLS# 424035113 —
The Building
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1957Year Built:
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Construction Materials:Wood
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Architectural Style:Traditional
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Subtype Description:Apartments
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Roof:Composition
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Levels:Two
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Stories:2
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Foundation:Concrete Perimeter
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# of Buildings:1
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# of Units Total:6
Interior
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Laundry Features:Coin Operated, In Common Area, Washer/Dryer Leased
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Flooring:Laminate, Tile, Vinyl
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# of Floors:2
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# of Rooms:19
Location
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Directions to Property:Take Woodside Road to Atherwood
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Area:Redwood City
The Property
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Property Type:5 or More Units
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Property Type:Residential Income
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Lot:6,955 Sqft
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Lot Features:Shape Regular
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Lot Size:SqFt
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Topography:Level
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0.1597Acres:
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Elevation Units:Feet
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Last Modified Date Time:2024-06-08 08:26:55.0
Heating & Cooling
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Heating:Wall Furnace
Utilities
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Sewer:Public Sewer
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Water Source:Public
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Separate Meters:Electricity, Gas
Schools
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School District (County):San Mateo
The Community
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Association:San Francisco Association of REA
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Association:NONO
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Cap Rate:5.53
Parking
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Carport Spaces:6.00
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Covered Spaces:6.00
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Total Parking Spaces:6.00
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Parking Features:Attached, Off Street
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Independent Parking Spaces:6
Extra Units
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# of 1 Bedroom Units:5
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# of 2 Bedroom Units:1
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Units Furnished:None
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/8/24
Jun 8, 2024
|
Pending | SFMLS | $1,749,000 | |
5/23/24
May 23, 2024
|
Listed / Active | SFMLS | $1,749,000 |