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

September 13, 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 8:33 AM UTC, 9/13/2024

 

 

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