$7,980,000 348 4th Ave Redwood City, CA

MLS: ML81758778   Type: Multi-Family   County: San Mateo   City: Redwood City   Area: Dumbarton Etc.   Zip: 94063  

Mortgage $37,465 /mo

Beds

Baths

Half Baths

Sqr Footage

Lot Size

Built

1

0

0

12,427

12,001

1972

348 4th Ave is a 22-unit apartment community located in the heart of Silicon Valleys thriving Redwood City which is one of the most sought after rental markets in the country. This property rests on a 12,000 SF lot with 12,427 SF of rentable space. The investment appeal of this asset is driven by an economically robust area with low vacancies and a high demand for employment and housing.Strategically located between San Francisco and San Jose, a plethora of major employers, boundless opportunities for business and recreation, convenient access to commute routes make 348 4th Ave an attractive investment to secure valuable housing stock.

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Price History

6/29/2019 Listed $8,500,000
9/18/2019 3% - $8,250,000
11/19/2019 4% - $7,980,000

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Direct Link:

https://www.elementliving.co/property/40-ML81758778-348-4th-Ave-Redwood-City-CA-94063

Gallery (15 photos)

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Property vs Zip Code Avg (94063)

Price 7.98M Avg 6.81M

Sqr Feet 12,427 Avg 12,865

Cost / Sqr Ft $642 Avg $530

Acres 0.2755 Avg 0.26

Visits 51 Avg 14

Days on Site 242 Avg 158

Walkscore® 80 Avg 82

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: Billy DeMartini with Earth Real Estate.




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Location & Address

Element
40 Stone Pine Road, Suite H
Half Moon Bay, CA
650-642-9760
650-533-7989