50 Dumbarton Avenue

Redwood City, CA 94063

$3,688,000

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

1962

calendar_month Built

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.

Listing Information

List Price $3,688,000
Status Active
MLS ML81984282
HOA $0
Type Commercial
Year Built 1962
Lot Size 7,700
Structure Size N/A
DOM 10
Courtesy Of Magnify Real Estate
Listing Agent Kyle De Mattei DRE#02146792
Co-Listing Agent David Katz DRE#01971921

Interior Features

Total Bedroom
Bedrooms N/A
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Kyle De Mattei, David Katz, Magnify Real Estate 408-334-3226. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 28th, 2024 at 2:06 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.