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$3,880,000
Est. payment /mo
8,624 Sqft Lot
UPDATED:
12/05/2024 05:04 AM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML81987411
HOA Y/N No
Year Built 1958
Annual Tax Amount $43,173
Lot Size 8,624 Sqft
Property Description
We are pleased to present the opportunity to acquire 1410 Hess Road, an 8-unit trophy asset located in Redwood City. With a newly constructed ADU, and fully renovated interiors, this investment offers a rare opportunity to acquire a turnkey asset in one of the most desirable cities on the Peninsula. Built in 1958, this building spans 5,189 square feet on a spacious 8,625 square foot lot. The unit mix includes (1) two-bedroom/two-bathroom, (1) two-bedroom/one-bathroom, and (6) one-bedroom/one-bathroom units with significant interior remodels. The electric system has been fully upgraded with a new 400 amp main panel and disconnects. The property features dual-pane windows, sleek stainless-steel appliances, a coin-operated laundry room, in-unit laundry machines in the ADU, two private backyards and ample parking with ten total spaces. Located just 1.3 miles from downtown Redwood City and the Caltrain Station and close proximity to highways 101, 280 and El Camino Real, this property offers easy access to every major city in the Bay Area. 1410 Hess Road is a prime investment opportunity with a blend of classic charm and modern upgrades in a highly-sought after Peninsula neighborhood.
Location
State CA
County San Mateo
Area 699 - Not Defined
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Carport Spaces 1
Roof Type Flat
Total Parking Spaces 7
Building
Water Public
Schools
School District Other
Others
Tax ID 053273070
Special Listing Condition Standard
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Listed by Will Tharp • Magnify Real Estate