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Listed by Matthew Thomson • Compass
$ 3,195,000
Est. payment /mo
New
1526 Hess RD Redwood City, CA 94061
3 Beds
2 Baths
6,674 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 6,674 sqft
Price per Sqft $478
MLS Listing ID ML82022574
Bedrooms 3
Full Baths 2
Year Built 1960
Lot Size 7,776 Sqft
Property Sub-Type Five or More Units
Source MLSListings, Inc.
Property Description
Prime 7-unit apartment building in west Redwood City offers a rare opportunity to acquire a stabilized asset in a high-demand rental market. 1526 Hess Road combines strong current income with long-term upside potential, making it an excellent opportunity for investors seeking stable returns in one of the Peninsula's most dynamic submarkets. All subpanels recently upgraded. Dual pane windows throughout. On-site laundry facility. Some units benefit from renovated kitchens and baths. The property is strategically positioned west of the El Camino Real in the Palm Park neighborhood and just minutes to downtown Redwood City and all the nightlife, dining, and entertainment amenities it has to offer. Residents enjoy easy access to mass transit with Sequoia Station and Caltrain only 1 mile away. The nearby Red Morton Community Park features running trails, tennis courts, a skate park, and more. Several major employers are also in close proximity, supporting strong ongoing rental demand. Convenient access to Woodside Road, 101 & 280.
Location
State CA
County San Mateo
Area Central Park Etc.
Zoning R-4 Multifamily
Interior
Heating Gas, Wall Furnace
Cooling None
Exterior
Parking Features Carport
Garage Spaces 5.0
Utilities Available Public Utilities
Roof Type Shingle
Building
Foundation Concrete Perimeter and Slab
Sewer Sewer - Public
Water Public
Others
Tax ID 053-293-080
Special Listing Condition Not Applicable
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