825 Adams ST, Redwood City, CA 94061
Development/Multi-Residential Investment Opportunity located in West of El Camino Real! 825-837 Adams is permitted (pursuant to the Redwood City General Plan) development of 3-4 story apartment development. Current rental rents allow the investors to maintain a revenue stream while applying for land-use and building permits. Currently, 2 Story, 7 unit (1bd/1ba units~some updated units) with laundry facility, storage units and covered/carport parking, conveniently located to El Camino Real, Whole Foods, Downtown Redwood City, Caltrain and Hwy 101. Located in the heart of Silicon Valley's thriving Redwood City that is one of the most sought-after rental markets in the country. The investment appeal of this asset is driven by an economically robust area with low vacancies and high demand for employment and housing. It is strategically located between San Francisco and San Jose with many major employers such as Google, Electronic Arts, Equinix, Facebook and More!
Features
| Cooling | None |
| Flooring | Hardwood, Vinyl / Linoleum |
| Foundation | Concrete Slab |
| Garage Parking Features | Attached Garage, Carport, Parking Area |
| Heating | Wall Furnace |
| Kitchen | Countertop - Formica, Oven Range - Gas |
| Lot Description | Grade - Level |
| Roof | Composition |
| Sewer Septic | Sewer - Public |
| Subclass | 701 |
| Water | Public |
Community Info
Local Schools | |
Local Utilities | Recreation |
Restaurants | Home and Garden |
Schools
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All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be,verified by broker or MLS.
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Updated on 4/25/2024
Property Information
- MLS:
- ML81829488
- Type:
- 701
- Year Built:
- 1950
- Listed:
- 2/11/2021
- Sold Date:
- 3/21/2021
- Interior:
- 4,123
- Lot Size:
- 10,000
- Schools:
- GS Dist: Redwood City Elementary District
HS Dist: Sequoia Union High District
 | SP: $2,350,000 LP: $2,599,500 San Carlos,94070 |
SP: $2,450,000 LP: $2,500,000 Redwood City,94061 | |
SP: $2,568,850 LP: $2,598,000 Redwood City,94061 |
SP: $2,800,000 LP: $2,900,000 Redwood City,94061 |
All information furnished regarding property for sale, rental, comparables or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice.