FOR SALE
$ 1,798,000 Est. Payment

2707 Marlborough Avenue

Redwood City, CA 94063
Triplex
Residence
0.13
Acre Lot
1of
Map
Photos
Courtesy: Zarine Batliwalla - Better Homes and Gardens Real Estate JFF
Rare opportunity to invest in mid peninsula's dynamic Redwood City! Updated triplex features one bedroom/ one bath units all with washer/dryer, private yards and ample parking. Remodeled with new flooring, kitchens, bathrooms, paint and double pane windows. Situated on a large corner lot next to a lovely community garden. Fantastic investment, in the current low interest environment, with a current cap rate greater than 3% and a GRM of about 20. No rent control. The investment appeal of this asset is driven by an economically robust area, low vacancies and a high demand for employment and housing. Strategically located between San Francisco and Silicon Valley, a plethora of major employers, boundless opportunities for recreation and convenient access to 101 and 280 make this an attractive long term investment.. Redwood City enjoys a thriving revitalized downtown.Close to Cal Trains,the Sand Hill Corridor, Stanford,. Walk to downtown, Fantastic investment opportunity.
52204841
Triplex, Other
San Mateo
1924
0.13 Acres
Public Water Service
Public Sewer
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Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.
People
Zip
City
County
National
31,881
85,288
765,135
321,418,820
4,674
4,099
1,650
89
3.5
2.8
2.8
2.6
31.7
37
39.4
37.4
$54,003
$81,955
$91,421
$53,482
$23,282
$42,063
$47,198
$28,555
 
Economy
Zip
City
County
National
3.00 %
3.00 %
3.30 %
5.20 %
3.80 %
3.80 %
3.80 %
1.60 %
44.60 %
44.60 %
44.30 %
38.00 %
9.00 %
9.00 %
9.00 %
6.00 %
8.00 %
8.00 %
8.00 %
4.60 %
223
309
258
100
 
Environment
Zip
City
County
National
58
91
613
1443
23.8
24.1
24.8
39.2
0
0
0
25.8
40.4
39.6
42.2
22.6
82
83.6
74.3
86.1
60
60
64
102
260
255
260
205
85
84
84
54
Source: Sperling's Best Places
Courtesy: Zarine Batliwalla - Better Homes and Gardens Real Estate JFF
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, Barbara.Simmons@xome.com, 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361


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