About 116 Pine St
Introducing 116 Pine St. in downtown Redwood City. The property features 10 fully renovated units (kitchens, baths, floors, doors, electrical, etc.) and offers three 2 bedroom 1 bathroom units and seven 1 bedroom 1 bathroom units. It sports an insanely desirable WalkScore of 94. Most importantly it is located one block from the 8 acre $600,000,000 Elko Yards development project. There's nothing but upside in this pocket of Redwood City and this investment provides solid returns immediately. Strong in-place RUBS. In close proximity to all the dining, shopping & entertainment amenities of Downtown Redwood City. Strategically located between San Francisco and San Jose, Redwood City continues to be one of the most dynamic and rapidly growing cities on the mid-Peninsula.
Features of 116 Pine St
| MLS® # | ML82033415 |
|---|---|
| Price | $3,395,000 |
| Square Footage | 6,300 |
| Acres | 0.17 |
| Year Built | 1953 |
| Type | Multi-Residential |
| Sub-Type | Five or More Units |
| Status | Active |
Community Information
| Address | 116 Pine St |
|---|---|
| Area | Lenolt Etc. |
| City | REDWOOD CITY |
| County | San Mateo |
| State | CA |
| Zip Code | 94063 |
Amenities
| Utilities | Individual Electric Meters, Individual Gas Meters |
|---|---|
| Parking Spaces | 1 |
| Garages | Attached Garage, Carport |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Wall Furnace |
|---|---|
| Cooling | None |
| Fireplace | No |
Exterior
| Roof | Flat / Low Pitch |
|---|---|
| Foundation | Concrete Perimeter |
Additional Information
| Zoning | Multifamily |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Steve Zirelli |
|---|---|
| Office | Cornish & Carey Commercial |
| Contact Info | 650-224-3118 |