Sold
580 Geneva AVE
REDWOOD CITY CA, 94061
$3,980,000
$517.02 per sqft
Sold
7,698 sqft
Multi-family
Built in 1958
Listed by Cornish & Carey Commercial, Steve Zirelli, Listing Contact: 6502243118
Introducing 580 Geneva Avenue, a fantastic opportunity to acquire 8 renovated units in west Redwood City. The building is comprised of (2) 2 bed 1 bath units (one with private yard) and (6) 1 bed 1 bath units (one with private yard). Each unit comes with a finished single car garage that includes a private laundry room in each. All units have been updated including full kitchen and baths complete with Quarts counters, designer tile, undermount sinks, stainless steel appliances, led lighting, dual pane windows, new electrical subpanels and beautiful oak flooring. Income and expenses listed are actual and in place. Unit #5 is intentionally being left vacant to show but is being accounted at $2,350 per month rent. Repairs and maintenance expenses have historically been significantly below the $4,000 listed amount. Excellent turnkey opportunity in a great location of the mid-peninsula! All units have been renovated with the same quality materials. Must be seen.
ML81854381
MLSⓇ ID
March 9, 2024
Updated
Map
580 Geneva AVE
REDWOOD CITY CA, 94061
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.22 Acres
Roof
Composition
School Information
School District
935
Other Property Details
Area Name
Central Park Etc.
Garage
Yes
Garage Spaces
5
Parking Total
3
View
No
County
San Mateo
Water Source
Public
Pool
No
Zoning
R40000
Listed by Cornish & Carey Commercial, Steve Zirelli,
Listing Contact: 6502243118
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Data last updated 9:49 PM UTC, 3/9/2024