Features & Amenities

Interior

Area & Lot

  • Lot Size(acres)

    0.57

  • Property Type

    Commercial Sale

Exterior

  • Garage

    No

Financial

  • Sales Price

    $21,840,000

  • Tax Amount

    286629.0

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Location

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San Mateo

Elementary School

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Listing Courtesy of Robert Johnston , Marcus & Millichap

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180 FLATS was originally constructed in 1964, and has a gross area of approximately 51,701 sf, offering tenants beautifully designed, studio, 1 and 2-bedroom units featuring spacious open floor plans, walk-in closets, private balconies and  new appliances.    180 Flats has recently undergone significant exterior and interior renovations. Unit interiors have  been completely remodeled with modern, high-end designer finishes, and updated kitchens with stainless steel appliances, and quartz counter tops. Amenities include parking, on-site laundry facilities, elevator, two open community courtyards  with BBQ areas and a new dog park.  The investment appeal of this asset is driven by Redwood City's strong employment fundamentals and low vacancy levels. With a world-class location in the heart of Silicon Valley,180 Flats presents an attractive choice for Peninsula renters due to the close proximity to major employers, transportation corridors, shopping, dining and entertainment options.

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