50 Dumbarton Avenue, Redwood City, CA 94063
-
Listed Price :
$3,688,000
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Beds :
N/A
-
Baths :
-
Property Size :
N/A sqft
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Year Built :
1962
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.
Interior Features
| Bedroom Information |
| Bedrooms |
N/A |
| Interior Information |
| Cooling Type |
None |
Listing Information
| Address |
50 Dumbarton Avenue |
| City |
Redwood City |
| State |
CA |
| Zip |
94063 |
| County |
San Mateo |
| Listing Agent |
Kyle De Mattei DRE #02146792 |
| Co-Listing Agent |
David Katz DRE #01971921 |
| Courtesy Of |
Magnify Real Estate |
| List Price |
$3,688,000 |
| Status |
Active |
| Type |
Commercial |
| Structure Size |
N/A |
| Lot Size |
7,700 |
| Year Built |
1962 |
Listing information courtesy of: Kyle De Mattei, David Katz, Magnify Real Estate. *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.
