1300 Arguello StAPT 1, Redwood City, CA 94063

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Last sale price: --

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  • Bedrooms:12 beds
  • Bathrooms:12 baths
  • Apartment:7,924 sq ft
  • Lot:10,000 sqft
  • Year Built:1977
  • Heating Type:
     
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Description
1300 Arguello is a well-maintained 8 unit apartment building constructed in 1977 with secured underground parking and additional outside parking area, stucco exterior and new mansard and flat roofs. The unit mix consists of 4 one-bedroom / one-bath units and 4 two-bedroom / two-bathroom units. Long-term tenants with 100% occupancy.
This investmnet opportunity provides the savvy investor an excellent opportunity to either continue to operate the property as-is while bringing the current rents to market or to add value by renovating the units and raising the rents even further.
Investment Highlights
" Sought after Redwood City location
" 50 Percent of units are large two-bed/two-bath
" Significant upside in rents
" Recent capital improvements including new roof
" New double pane windows
" Two secured parking spaces per unit
" Fully occupied
Located only blocks from downtown Redwood City and centrally located between San Francisco and Silicon Valley. The property is close proximity to major freeways, public transportation, award winning
schools and the Bay Area' s numerous employers.
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    • CoolingUnknown
    • ParkingGarage - Attached
    • Basement TypeUnknown
    • FireplaceNo
    • Floor CoveringCarpet
    • AtticNo
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$2,876/mo
+$149 Last 30 daysd
$1.4K
$5.8K
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Neighborhood for 1300 Arguello Street APT 1

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Foreclosures will be a factor impacting home values in the next several years. In the 94061 market, the number of foreclosures waiting to be sold decreased 6.5% in the last year. The number of unsold foreclosures is 75.8% greater than in Redwood City, and 59.7% lower than the national average. This higher local number may prevent 94061 home values from rising as quickly as other regions in Redwood City.

Learn more about forecast calculations or 94061 home values.
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    Nearby Schools in Redwood City

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    Premier Agents specialize in this area and can assist you in seeing a home or answer your questions.

    Are you an agent looking for more exposure for yourself or your listings? Call Zillow at 866-324-4005

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    Nearby Similar Sales

    1. 1300 Arguello St, Redwood City, CA 94063

       Sold on 6/18/2013: $2,050,000

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    3. 231 Lincoln Ave, Redwood City, CA 94061

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