116 Pine ST, Redwood City, CA 94063
116 Pine ST, Redwood City, CA 94063
116 Pine ST, Redwood City, CA 94063
116 Pine ST, Redwood City, CA 94063
116 Pine ST, Redwood City, CA 94063
116 Pine ST, Redwood City, CA 94063
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Sam Spinella

Sam Spinella

+1(408) 393-9294
Listed by Steve Zirelli • Cornish & Carey Commercial, DRE#01929245
$ 3,395,000
Est. payment | /mo

3 Beds

2 Baths

6,300 SqFt

Save
$ 3,395,000
Est. payment | /mo
Save

3 Beds

2 Baths

6,300 SqFt

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 6,300 sqft

Price per Sqft $538

MLS Listing ID ML82033415

Bedrooms 3

Full Baths 2

Year Built 1953

Lot Size 7,267 Sqft

Property Sub-Type Five or More Units

Property Description

Introducing 116 Pine St. in downtown Redwood City. The property features 10 fully renovated units (kitchens, baths, floors, doors, electrical, etc.) and offers three 2 bedroom 1 bathroom units and seven 1 bedroom 1 bathroom units. It sports an insanely desirable WalkScore of 94. Most importantly it is located one block from the 8 acre $600,000,000 Elko Yards development project. There's nothing but upside in this pocket of Redwood City and this investment provides solid returns immediately. Strong in-place RUBS. In close proximity to all the dining, shopping & entertainment amenities of Downtown Redwood City. Strategically located between San Francisco and San Jose, Redwood City continues to be one of the most dynamic and rapidly growing cities on the mid-Peninsula.

Location

State CA

County San Mateo

Area Lenolt Etc.

Zoning Multifamily

Interior

Heating Wall Furnace

Cooling None

Exterior

Parking Features Attached Garage, Carport

Garage Spaces 2.0

Utilities Available Individual Electric Meters, Individual Gas Meters

Roof Type Flat / Low Pitch

Building

Foundation Concrete Perimeter

Sewer Sewer - Public

Water Public

Others

Restrictions None

Tax ID 053-195-080

Security Features None

Special Listing Condition Not Applicable

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Sam Spinella
Sam Spinella

Your Trusted Real Estate Guy | License ID: 01377658

+1(408) 393-9294 | sam@spinellagroup.com

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116 Pine ST