$2,998,000
1051 Whipple Avenue is a six-unit multi family asset located on a corner lot at Whipple Avenue and Arch Street in Redwood City, California. The building comprises approximately 7,510 square feet, including a shared ground-floor common garage and storage, with 3 two-bedroom / 1.5-bath units, 1 two bedroom with 1 bath and two one-bedroom / 1-bath units across the building's first and second floors.The offering represents a rare opportunity to acquire a well-maintained, long-held Peninsula multifamily property with substantial embedded rent upside. In-place rents are below market rate. Unit 3 is currently vacant and available for immediate lease-up at market.
Listed by Bryan Jacobs with Realsmart Properties
Property Type
Commercial Sale
Status
Active
MLS Number
ML82061712
Year Built
1951
Lot Size
8,481 sq ft
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