19
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$3,195,000
Est. payment /mo
7,775 Sqft Lot
New
1526 Hess RD Redwood City, CA 94061
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82022574
HOA Y/N No
Year Built 1960
Annual Tax Amount $35,424
Lot Size 7,775 Sqft
Property Description
Prime 7-unit apartment building in west Redwood City offers a rare opportunity to acquire a stabilized asset in a high-demand rental market. 1526 Hess Road combines strong current income with long-term upside potential, making it an excellent opportunity for investors seeking stable returns in one of the Peninsula's most dynamic submarkets. All subpanels recently upgraded. Dual pane windows throughout. On-site laundry facility. Some units benefit from renovated kitchens and baths. The property is strategically positioned west of the El Camino Real in the Palm Park neighborhood and just minutes to downtown Redwood City and all the nightlife, dining, and entertainment amenities it has to offer. Residents enjoy easy access to mass transit with Sequoia Station and Caltrain only 1 mile away. The nearby Red Morton Community Park features running trails, tennis courts, a skate park, and more. Several major employers are also in close proximity, supporting strong ongoing rental demand. Convenient access to Woodside Road, 101 & 280.
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning R-4 Multifamily
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Carport Spaces 7
Roof Type Shingle
Total Parking Spaces 5
Building
Water Public
Schools
School District Other
Others
Tax ID 053293080
Security Features Security Lights
Special Listing Condition Standard
Listed by Matthew Thomson Compass
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