Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire 1141 Whipple Avenue, a 21-unit apartment building in Redwood City, CA. Built in 1932, the four-story building was designed in the Art Deco style, making it distinctive among the other multi-family properties in the neighborhood. The building is situated on an 8,190 square foot site that is two blocks from El Camino Real and just over one-half mile to downtown Redwood City. The property features a mix of 9 studio units and 12 one-bedroom units. Studio units range in size from 300 square feet to 540 square feet, with an average of 400 square feet. One-bedroom units have floor plans that measure between 540 square feet and 770 square feet, with an average of 598 square feet. All square footages are approximate; buyer to verify. The building features a secured entrance and lobby that provides access to the interior stairway and hallways. The property has a garage at grade level with six parking spaces, as well as uncovered parking for two vehicles. Amenities include laundry facilities and a rooftop deck.