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1035 Adams St Redwood City, CA 94061

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

Type:Multifamily
Added:
Aug 28, 2023
Days on Market:
965
Last Refresh:
Mar 17 at 1:24 pm

Property Features for 1035 Adams St

General Information

Standard status
Active
Property subtype
Multifamily

Building Details

Year Built
1945

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Listing Contact
Rami Bahu

Listing agent Rami Bahu License #CA

Listing office Century 21 Real Estate Alliance San Carlos

Listing date Aug 28, 2023

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Real Estate Alliance San Carlos


Overview

Redwood City Multifamily Investment Opportunity

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.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Hotel Hotel & Motel

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Redwood City
County
San Mateo
State
California
Longitude
-122.226947
Latitude
37.478564

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.
More about this property
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