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$3,688,000

Est. payment - /mo

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2 BD

2 BA

10,903 SqFt

Contingent

50 Dumbarton AVE Redwood City, CA 94063

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Mike & Jules Guzzardo Team With Jenny Biczkow

mike@guzzardoteam.com +1(925) 864-5757

UPDATED:

12/22/2024 07:28 PM

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Contingent

Purchase Type For Sale

Square Footage 10,903 sqft

Price per Sqft $338

MLS Listing ID ML81984282

Bedrooms 2

Full Baths 2

Year Built 1962

Lot Size 7,700 Sqft

Property Description

We are pleased to present the opportunity to acquire 50 Dumbarton Ave, a meticulously maintained property with 10 units. This property has benefited from over 30 years of dedicated ownership, ensuring its excellent condition. Built in 1962, the building spans 10,903 square feet per county record on a 7,700 square foot corner parcel. The unit mix includes 8 two-bedroom/one-bathroom units and 2 studios, offering a versatile living arrangement. The building has copper plumbing and recent capital improvements include a new sewer line, dual pane windows and a new central water heater. Interior upgrades include LVP floors, granite countertops, bathroom vanities and shower surrounds. The property has strong cash flow with 20%+ upside in rents. The property is ideally located close to El Camino Real, providing easy access to transportation and major highways. It is conveniently near Downtown Redwood City, Elco Yards, Downtown Menlo Park, Stanford Shopping Mall, and Stanford University. Additionally, it is in proximity to major corporate headquarters such as Facebook, Google, and Oracle, among many others.

Location

State CA

County San Mateo

Area Dumbarton Etc.

Zoning R300S5

Interior

Heating Gas, Wall Furnace

Cooling None

Flooring Carpet, Tile, Vinyl / Linoleum

Laundry Coin Operated

Exterior

Parking Features Other

Utilities Available Individual Electric Meters, Individual Gas Meters

Roof Type Flat / Low Pitch

Building

Foundation Wood Frame

Sewer Sewer - Public

Water Public

Others

Restrictions None

Tax ID 054-283-230

Security Features None

Special Listing Condition Not Applicable

Listed by Kyle De Mattei • Magnify Real Estate

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Mike & Jules Guzzardo Team With Jenny Biczkow

Realtor | r01066846,01955798,02086289

+1(925) 864-5757

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50 Dumbarton AVE Redwood City, CA 94063

Mike & Jules Guzzardo Team With Jenny Biczkow

Key Details

Location

Interior

Exterior

Building

Others

A FEW WORDS FROM PAST CLIENTS

GET MORE INFORMATION

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50 Dumbarton AVE