200 Dumbarton Avenue

Redwood City , CA 94063

MLS#: ML81697391

$10,798,000

Status: Closed
Listing number: ML81697391
Listing provided by: Marcus & Millichap
Listing agent phone: None
Last update: a month ago
On site: 7 years ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1964

Sq.Footage

N/A

200 Dumbarton is a 33 unit apartment community located in Silicon Valleys thriving Redwood City, CA. 200 Dumbarton Avenue offers future owners the opportunity own one of the rare, value-add, twenty-plus unit properties of this market. This asset has significant upside through a simple rehabilitation process and re-positioning strategy. Nestled in a quiet residential neighborhood, the subject property was originally constructed in 1964 and has a gross livable area of approximately 21,025 total square feet. 200 Dumbarton Avenue offers its tenants sunlit units with ample parking all tucked into a gated community. The unit mix consists of twenty-six one-bedroom/one-bath units of approximately 600 square feet and seven two-bedroom/one bath units of approximately 775 square feet. Financing: An attractive $4,700,000 interest-only, assumable loan with 7 years remaining on a 10 year term at a rate of 3.93% amortizing over 30 years.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    None

  • Heating YN

    YES

  • Heating

    Wall Furnace

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.326

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $10,798,000

  • Tax Amount

    119199.0

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Water Source

    Public

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Location

County

San Mateo

Elementary School

Middle School

High School

Listing Courtesy of Robert Johnston , Marcus & Millichap

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200 Dumbarton is a 33 unit apartment community located in Silicon Valleys thriving Redwood City, CA. 200 Dumbarton Avenue offers future owners the opportunity own one of the rare, value-add, twenty-plus unit properties of this market. This asset has significant upside through a simple rehabilitation process and re-positioning strategy. Nestled in a quiet residential neighborhood, the subject property was originally constructed in 1964 and has a gross livable area of approximately 21,025 total square feet. 200 Dumbarton Avenue offers its tenants sunlit units with ample parking all tucked into a gated community. The unit mix consists of twenty-six one-bedroom/one-bath units of approximately 600 square feet and seven two-bedroom/one bath units of approximately 775 square feet. Financing: An attractive $4,700,000 interest-only, assumable loan with 7 years remaining on a 10 year term at a rate of 3.93% amortizing over 30 years.

200 Dumbarton Avenue

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