Bought with Simon Lo • Compass
$3,930,000
$4,175,000
5.9%For more information regarding the value of a property, please contact us for a free consultation.
131 Cerrito AVE Redwood City, CA 94061
3 Beds
3 Baths
6,914 SqFt
Key Details
Sold Price $3,930,000
Property Type Commercial
Sub Type Five or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 6,914 sqft
Price per Sqft $568
MLS Listing ID ML81924560
Sold Date 07/12/23
Bedrooms 3
Full Baths 3
Year Built 1960
Lot Size 9,438 Sqft
Property Sub-Type Five or More Units
Property Description
Assumable financing available ($1.6 Million @ 4.16% through 2026) This (9) Unit multifamily apartment complex, consists of a great unit mix of (2) 2 bedroom, 1 bathroom (6) 1 bedroom, 1 bathroom and (1) Studio Unit. 131 Cerrito Ave is located less than three miles away from Downtown Redwood City and only three and a half miles from Stanford University. Along with Stanford University, this property is close to the Stanford Shopping Center. The owner has recently completed a sewer lateral replacement for the peace of mind of current tenants and potential buyers.
Location
State CA
County San Mateo
Area Horgan Ranch Etc.
Zoning R-3
Interior
Heating Wall Furnace
Cooling Ceiling Fan, Window / Wall Unit
Exterior
Parking Features Attached Garage, Carport
Garage Spaces 3.0
Utilities Available Individual Electric Meters, Individual Gas Meters
Roof Type Flat / Low Pitch,Shingle
Building
Foundation Concrete Slab
Sewer Sewer - Private
Water Private / Mutual
Others
Restrictions None
Tax ID 069-262-210
Security Features Secured Garage / Parking,Other
Special Listing Condition Not Applicable
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