1411 Oxford ST, Redwood City, CA 94061

$3,290,000
7,173
SqFt

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Listed by Don Sung, 650-380-5188 from Colliers Parrish International, Inc.
(If provided) CoList: from

List Price
$3,290,000
MLS#
ML82055194
Status
ACTIVE
Property Type
Commercial
Class
Five or More Units
Sqft. of Residence
7,173
City
Redwood City
Lot Size
10,850
Zip
94061
Sqft. of Residence
7,173
Listing Area
Central Park Etc.
Neighborhood
Palm Park
Year Built
1976

Property Description

Rarely Available, Pride-of-Ownership Westside RWC Multifamily Asset. Tree-Lined Street in Desirable, Quiet Palm Park Submarket, West of El Camino Real. Easy Access, Central Mid-Peninsula Location. Strong In-Place Cap Rate w/ Excellent Rental Upside. Nice Unit Mix: Four (4) Spacious 1 BR/1 BA (+/- 605 SF) / One (1) Large 2 BR/1 BA (+/- 828 SF) / Two (2) Oversized 2 BR/1.25 BA (+/- 887 SF). Units Feature Hardwood Floors/LVT, Copper Plumbing, Updated Electrical. Lower-Level Units Feature Private Patios, Upper-Level Units Feature High-Ceiling, Skylights, and Private Balconies. Reliable, Steady Cashflow with Proven, Strong Rental History, Low Vacancy, and Low-Maintenance Mgmt. Well-Managed Asset with Strong In-Place Rents, Good Historical Tenancy. Easy Rental & Low Vacancy. Newer 1976 Construction vs. Majority of Peninsula Apartment Inventory (50's and 60's Construction). Multitude of Capital Improvements: Dual-Pane Windows, Roof, Water Heaters, Exterior Painting, etc. Close to Redwood City Cal-Train Station, Downtown Redwood City, Downtown Menlo Park and Palo Alto/Stanford. Short Commute to Major Silicon Valley Employers: Meta, Google, Kaiser, Tesla, Stanford University, to Name a Few. Easy Access From SR-84/Woodside Rd, El Camino Real, Highways 101, 280, and Other Major Freeways.

Additional Information

Amenities
High Ceiling, Skylight
Cooling System
None
Floor Covering
Carpet, Hardwood, Tile
Foundation
Concrete Perimeter
Garage Parking
Assigned Spaces, Carport, Covered Parking, Uncovered Parking
Carport
4
Heating System
Electric
Laundry Facilities
Coin Operated
Living Area
7,173
Lot Description
Grade - Level
Lot Size
10,850
Neighborhood
Central Park Etc.
Other Utilities
Individual Electric Meters, Public Utilities
Roof
Composition
Sewer
Sewer - Public
Unincorporated Yn
Yes
Water
Public
Zoning
R30000

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