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Multifamily

1446-1448 Valota Rd

1446 Valota Rd, Redwood City, CA 94061

Listing Price: $3,788,000

Cap Rate
5.17%
Number of Units
5
GRM
14.33
Price/Unit
$757,600
Price/Gross SF
$915.20
Gross SF
4,139

Investment Overview

1446-1448 Valota Rd is a stunning 5-unit apartment complex located in the thriving city of Redwood City, California.

Situated on a 9,500 square foot parcel of land, the subject property was originally constructed in 1948/2022 and has a gross building area of approximately 4,139 square feet, offering its tenants beautifully designed three-bedroom, two-bedroom and one-bedroom floor plans featuring modern unit amenities.

The owner recently completed the construction of three brand new units, which have their own yard. Select units include granite countertops, stainless steel appliances, updated modern cabinetry, hardwood flooring and updated bathrooms.

The subject property is located within walking distance to Woodside Shopping Center and close proximity to the lively Downtown Redwood City, both offering tenants and residents a myriad of high-end shopping, dining, and entertainment options. The Redwood City Caltrain Station, offering Baby Bullet services is also within close proximity and provides an inexpensive, hassle free commute to major employment and entertainment centers in San Francisco, the Peninsula, and the South Bay. In addition to excellent public transportation options, residents enjoy easy access to U.S. Route 101, Interstate 280, the San Mateo-Hayward 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, 1446-1448 Valota Rd presents an attractive choice for peninsula renters due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.

Investment Highlights

  • Exceptional Mid-Peninsula Investment Opportunity - Investors have the opportunity to acquire a stunning multifamily asset in Redwood City, CA.
  • Prime Redwood City Location - The subject property is located within walking distance to Woodside Plaza and Downtown Redwood City, home to a myriad of shopping, dining, and entertainment options.
  • Convenient Access to Major Transportation Corridors - The subject property is strategically situated allowing for convenient access to U.S. Route 101, Interstate 280 and the San Mateo-Hayward Bridge.
  • Brand New Construction - The current owner recently completed the construction of three brand new units with select units featuring granite countertops, stainless steel appliances, updated modern cabinetry, hardwood flooring and updated bathrooms.

Exclusively Listed By

Multifamily

1446-1448 Valota Rd

Listing Price: $3,788,000

Cap Rate
5.17%
Number of Units
5
GRM
14.33
Price/Unit
$757,600
Price/Gross SF
$915.20
Gross SF
4,139

Investment Highlights

  • Exceptional Mid-Peninsula Investment Opportunity - Investors have the opportunity to acquire a stunning multifamily asset in Redwood City, CA.
  • Prime Redwood City Location - The subject property is located within walking distance to Woodside Plaza and Downtown Redwood City, home to a myriad of shopping, dining, and entertainment options.
  • Convenient Access to Major Transportation Corridors - The subject property is strategically situated allowing for convenient access to U.S. Route 101, Interstate 280 and the San Mateo-Hayward Bridge.
  • Brand New Construction - The current owner recently completed the construction of three brand new units with select units featuring granite countertops, stainless steel appliances, updated modern cabinetry, hardwood flooring and updated bathrooms.

Investment Overview

1446-1448 Valota Rd is a stunning 5-unit apartment complex located in the thriving city of Redwood City, California. Situated on a 9,500 square foot parcel of land, the subject property was originally constructed in 1948/2022 and has a gross building area of approximately 4,139 square feet, offering its tenants beautifully designed three-bedroom, two-bedroom and one-bedroom floor plans featuring modern unit amenities. The owner recently completed the construction of three brand new units, which have their own yard. Select units include granite countertops, stainless steel appliances, updated modern cabinetry, hardwood flooring and updated bathrooms. The subject property is located within walking distance to Woodside Shopping Center and close proximity to the lively Downtown Redwood City, both offering tenants and residents a myriad of high-end shopping, dining, and entertainment options. The Redwood City Caltrain Station, offering Baby Bullet services is also within close proximity and provides an inexpensive, hassle free commute to major employment and entertainment centers in San Francisco, the Peninsula, and the South Bay. In addition to excellent public transportation options, residents enjoy easy access to U.S. Route 101, Interstate 280, the San Mateo-Hayward 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, 1446-1448 Valota Rd presents an attractive choice for peninsula renters due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.

Exclusively Listed By

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