146 Madison Ave | Redwood City, CA 94061
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- LoopNet Team
146 Madison Ave
Redwood City, CA 94061
Multifamily Property For Sale
·
7 Units
INVESTMENT HIGHLIGHTS
- True Turnkey Apartment Building in Excellent Redwood City Location
- Four of the Seven Units are Renovated
- Zero Deferred Maintenance
- Attractive Unit Mix: (2) Two-Bedroom / One Bath Units & (5) One-Bedroom / One-Bath Units
- Several Recent Capital Improvements Including New Roof, Upgraded Electrical Meeting Insurance Requirements, New Catwalk, New Exterior Paint, New Drain
- One of the Strongest Rental Submarkets on the Peninsula Led by a High Class Tenant Profile Paying Premium Rents
PROPERTY FACTS
| No. Units | 7 | Lot Size | 0.16 AC |
| Property Type | Multifamily | Building Size | 5,944 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1958 |
| Building Class | C | Parking Ratio | 1.18/1,000 SF |
| Zoning | R-4 | ||
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 5,944 SF |
| No. Stories | 2 |
| Year Built | 1958 |
| Parking Ratio | 1.18/1,000 SF |
| Zoning | R-4 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 2 | - | - |
| 1+1 | 5 | - | - |
PROPERTY TAXES
| Parcel Number | 053-063-150 | Improvements Assessment | $1,299,564 |
| Land Assessment | $2,658,198 | Total Assessment | $3,957,762 |
PROPERTY TAXES
Parcel Number
053-063-150
Land Assessment
$2,658,198
Improvements Assessment
$1,299,564
Total Assessment
$3,957,762
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