Multifamily

754 Whipple Ave

754 Whipple Ave, Redwood City, CA 94063

Listing Price: $1,895,000

Cap Rate
3.14%
Number of Units
3
GRM
19.63
Occupancy
97.00%
Price/Unit
$631,667
Price/Gross SF
$565.67
Gross SF
3,350

Investment Overview

754 Whipple Avenue, located in Redwood City, California is a three unit apartment building situated a mile from Downtown. The building sits on a 5,000 square foot lot (per county assessor) and contains approximately 3,350 square feet of building space (per county assessor). The unit mix of the property consists of two two-bedroom/one-bath units and one one-bedroom/one-bath unit. The property has been well maintained over the years.

754 Whipple Avenue is located on the Bay Area Peninsula in Redwood City, California. The building's located allows for quick and convenient access to Highway 101 & 84 and Interstate 280. Both downtown San Francisco and San Jose are a mere 30-minute drive, almost equal in distance. SF International Airport is approximately 14 miles in distance and less than a 20-minute drive.

Redwood Citys bustling and revived downtown is a short walk away. Downtown has dramatically changed since the implementation of the downtown precise plan in 2011. Nearly 2,000 apartment units and nearly 400,000 square feet of new Class A office space has been completed since the plan was put in place. Downtown is home to many popular restaurants including Vesta, Caf la Tartine, Quinto Sol and many more restaurants. Redwood City Cal-train station is the stop of the Baby Bullet which provides a quick route to downtown San Francisco. The city venues and nightlife include Cinema 20, Fox Theatre, music and movies on the square (summer months), bars including Haus Staudt, City Pub, Blacksmith and others.

Investment Highlights

  • Walking Distance to Redwood City Cal-train Station
  • Very High Walk Score of 89
  • Conveniently Located Next To Downtown Redwood City
  • Copious Dining & Entertainment Options Within Walking Distance
  • Excellent Freeway Access (Highway 101, 84, & 280)

Exclusively Listed By

Listing Price: $1,895,000

Cap Rate
3.14%
Number of Units
3
GRM
19.63
Occupancy
97.00%
Price/Unit
$631,667
Price/Gross SF
$565.67
Gross SF
3,350

Investment Highlights

  • Walking Distance to Redwood City Cal-train Station
  • Very High Walk Score of 89
  • Conveniently Located Next To Downtown Redwood City
  • Copious Dining & Entertainment Options Within Walking Distance
  • Excellent Freeway Access (Highway 101, 84, & 280)

Investment Overview

754 Whipple Avenue, located in Redwood City, California is a three unit apartment building situated a mile from Downtown. The building sits on a 5,000 square foot lot (per county assessor) and contains approximately 3,350 square feet of building space (per county assessor). The unit mix of the property consists of two two-bedroom/one-bath units and one one-bedroom/one-bath unit. The property has been well maintained over the years.

754 Whipple Avenue is located on the Bay Area Peninsula in Redwood City, California. The building's located allows for quick and convenient access to Highway 101 & 84 and Interstate 280. Both downtown San Francisco and San Jose are a mere 30-minute drive, almost equal in distance. SF International Airport is approximately 14 miles in distance and less than a 20-minute drive.

Redwood Citys bustling and revived downtown is a short walk away. Downtown has dramatically changed since the implementation of the downtown precise plan in 2011. Nearly 2,000 apartment units and nearly 400,000 square feet of new Class A office space has been completed since the plan was put in place. Downtown is home to many popular restaurants including Vesta, Caf la Tartine, Quinto Sol and many more restaurants. Redwood City Cal-train station is the stop of the Baby Bullet which provides a quick route to downtown San Francisco. The city venues and nightlife include Cinema 20, Fox Theatre, music and movies on the square (summer months), bars including Haus Staudt, City Pub, Blacksmith and others.

Exclusively Listed By

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