1035 Adams St Redwood City, CA 94061

Building Details

Year Built

1945

Listing Agency Century 21 Real Estate Alliance San Carlos

Listed by Rami Bahu · License #CA

Source Crexi

Added: Aug 28, 2023 Checked: Jul 17 at 1:39 pm

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Investment Insights

Based on property information with market context.

Located in Redwood City, the property at 1035 Adams St features a total of eight units. The layout includes a two-bedroom, two-bathroom single-family home at the front of the property, with an additional seven individual units located in the back. The unit mix in the back consists of four one-bedroom, one-bathroom units and three studio apartments. This property represents a value-add opportunity for investors. The owner is responsible for covering the costs of water and garbage services, while the tenants are responsible for PG&E and other utilities. Redwood City is located in the heart of Silicon Valley and offers a strong job market, particularly in the tech industry, and a low unemployment rate. The city provides access to various attractions, including the San Mateo County History Museum and the Fox Theatre, as well as schools, parks, and recreational facilities.

Key Highlights

• Eight total units: Includes a 2‑bedroom single‑family home and seven additional units (4 one‑bedroom, 3 studios).
• Value‑add opportunity for investors.
• Located in Redwood City, in the heart of Silicon Valley.

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FAQs

What type of property is this?

Apartment building - Eight-unit property in Redwood City with value-add potential.

Where is this apartment building located?

The property is located at 1035 Adams St Redwood City, CA.

What is the asking price?

The asking price for this property is $3,200,000.

What are key features of this property?

This property features: Eight total units: Includes a 2‑bedroom single‑family home and seven additional units (4 one‑bedroom, 3 studios).; Value‑add opportunity for investors.; Located in Redwood City, in the heart of Silicon Valley.