Sold
3290 Rolison RD
REDWOOD CITY CA, 94063
$4,415,000
$580.92 per sqft
Sold
7,600 sqft
Multi-family
Built in 1962
Listed by Colliers Parrish International, Don Sung, Listing Contact: 6503805188
BUY A PROVEN PERFORMER: TIRELESS CASH-COW - Low Vacancy, High Rental Demand, Consistent Rental Income 8 Townhouse-Style Apartment Home Units (All 3 BR / 1 BA on 2-Levels) Each Unit Offers Private Front Yard & Enclosed Garage Parking. Current Cap Rate: 4.66% / Pro-Forma Cap Rate: 5.2% Current GRM: 14.1 / Pro-Forma GRM: 13.1 Cost/SF: $592/SF Consistent Rental History with Low Tenant Turnover Excellent Unit Mix All 8 Units Offer Three (3) BR / One (1) BA Units Townhouse Style on 2-Levels Attractive Assumable Loan From Provident CU 3 of 8 Units Receive Partial Housing Assistance, Providing Steady Rent Collection Supply-Constrained Core Mid-Peninsula Submarket Ideal Housing (3 BR + Private Yard + Enclosed Garages) for Working Families Easy Access to Highway 101, Marsh Rd, Woodside Rd, El Camino Real Proven Performer With Solid Cashflow & Value Appreciation Building SF: 7,600 SF / Lot Size: 10,000 SF / Cost Per SF: $592/SF
ML81890846
MLSⓇ ID
May 10, 2022
Listed
November 22, 2024
Updated
Map
3290 Rolison RD
REDWOOD CITY CA, 94063
Interior Features
Interior Features
Laminate
Floor Description
Laminate
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.23 Acres
Roof
Composition
Sewer
Public Sewer
School Information
School District
935
Other Property Details
Area Name
Dumbarton Etc.
Garage
Yes
Garage Spaces
8
Parking
Off Street, Detached
Parking Total
8
View
No
County
San Mateo
Water Source
Public
Pool
No
Zoning
R-3
Listed by Colliers Parrish International, Don Sung,
Listing Contact: 6503805188
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Data last updated 4:51 AM UTC, 11/22/2024