Investment Overview

Levin Johnston has been selected to exclusively market for sale 416 Jackson Ave, an exceptional pride-of-ownership 4-plex investment opportunity located in the thriving city of Redwood City, CA. Situated on a 5,200 square foot parcel of land, the subject property was originally constructed in 1968 and features a gross building area of approximately 3,880 square feet, offering its tenants beautifully designed two-bedroom and one-bedroom floor plans including recessed lighting, granite counter tops, in-unit W/D, stainless steel appliances, and new individually metered electrical throughout. Along with a new roof completed in 2023, subject property provides property amenities such as private carport parking and a private balcony or patio for each unit. 416 Jackson Ave lies within close proximity to many of the nation's top tech employers including Box Inc., Google, Oracle, Electronic Arts Inc. (EA), Stanford, Facebook, Cisco Systems, Visa, Sony as well as many others. In addition to nearby employers, the subject property is also located within walking distance to Whole Foods Market(0.2mi and Downtown Redwood City(0.5mi), home to a myriad of high-end shopping, dining and entertainment options. Nearby essential mass transit options offer direct access to all major Bay Area destinations. The Redwood City Caltrain Station, offering Baby Bullet services is within walking distance to the subject property and provides an inexpensive, hassle free commute to major employment and entertainment centers in San Francisco, the Peninsula, and the South Bay. SamsTrans, the area's bus service, provides quick access to Redwood City's diverse Courthouse Square, Theatre District, Shops on Broadway, dining, shopping and music venues. In addition to excellent public transportation options, residents enjoy easy access to U.S. Route 101 as well as to Interstate 280, the San Mateo Bridge and the Dumbarton Bridge. The investment appeal of this asset is driven by Redwood City's strong employment fundamentals and low vacancy levels. With a world-class location in the heart of San Francisco's Bay Area, 416 Jackson Ave presents an attractive choice for peninsula renters due to close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.