Multifamily Sold on 1/26/2018

$970,000

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660 Pine Street

Redwood City, CA 94063

  • beds
  • baths
  • sqft
  • 3,783 sqft lot
  • 1953 build
  • on site

*Financials are based on pro forma numbers. Marcus & Millichap presents 660 Pine Street- a rare mid-peninsula asset located in the heart of Silicon Valley, Redwood City, California. The property consists of one two-bedroom/one-bath unit and two one-bedroom/one-bath units. There is significant upside in rental income through exterior renovations and by bringing rents to market. 660 Pine Street offers investors the unique opportunity to own a property that is a 10 minute walk to downtown Redwood City. The investment appeal of this asset is driven by Redwood City's strong employment fundamentals and low vacancy levels. This dynamic urban center has been a catalyst in recent years, resulting in a variety of new retail and commercial developments. With a world-class location in Silicon Valley, 660 Pine Street presents an attractive choice for Peninsula renters due to the close proximity to major employers, transportation corridors, shopping, dining and entertainment options.

BRIDGE logo Listing courtesy of BRIDGE / Marcus & Millichap

Last checked: Checking… • Last updated Nov 27, 2020 • Source: BRIDGE

MLS# ML81680120 —

Amenities & Taxes

The Building

Building Type:
TRIPLEX
Roof:
Composition Shingles
Total # of Units:
3

Location

Area:
other

The Property

Acres:
0.09
Zoning:
Resi
Additional Equipment:
Fire Alarm System

Listing Agent

Contact info:

Taxes

Tax Parcel Number:
053252150
Annual Taxes:
88289

Heating & Cooling

Heating:
Wall Furnace
Cooling:
No Air Conditioning

Utilities

Water/Sewer:
Water - Public

Extra Units

Unit #1 Bedrooms:
1
Unit #2 Bedrooms:
1
Unit #3 Bedrooms:
2

Schools

Rating Details
4

Hoover Elementary School

  • Public
  • K-8
  • 0.3 mi
6

Sequoia High School

  • Public
  • 9-12
  • 1.0 mi
5

John F. Kennedy Middle School

  • Public
  • 6-8
  • 1.9 mi

GreatSchools scores are based on a scale from 1 to 10, where 10 is above average.

The school service areas are not definitive and should only be used as guidance. GreatSchools Ratings provided by www.greatschools.org

Explore the Area

My Commute

WalkScore®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Loud Moderate Quiet

Max Internet Speed

XFINITY from Comcast

Provided by BroadbandNow®

View a full report

Sale history

Date Event Source Price % Change
2/3/20
Pending BRIDGE $1,128,000
1/10/20
Listed / Active BRIDGE $1,128,000 16.3% (8.3% / YR)
1/26/18
Sold BRIDGE $970,000 -11.8%

Finding records…

No additional history available

If new records are added for this property, we’ll share them here.

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