Redwood City, CA 94061,131 Cerrito AVE
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Redwood City, CA 94061,131 Cerrito AVE
Redwood City, CA 94061,131 Cerrito AVE
Redwood City, CA 94061,131 Cerrito AVE
Redwood City, CA 94061,131 Cerrito AVE

$3,930,000

Est. payment /mo

$4,175,000

5.9%
Est.Price: ?

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131 Cerrito AVE Redwood City, CA 94061

9,439 Sqft Lot

SOLD DATE : 07/12/2023

Key Details

Sold Price $3,930,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID ML81924560

Sold Date 07/12/23

HOA Y/N No

Year Built 1960

Annual Tax Amount $44,965

Lot Size 9,439 Sqft

Property Description

Assumable financing available ($1.6 Million @ 4.16% through 2026) This (9) Unit multifamily apartment complex, consists of a great unit mix of (2) 2 bedroom, 1 bathroom (6) 1 bedroom, 1 bathroom and (1) Studio Unit. 131 Cerrito Ave is located less than three miles away from Downtown Redwood City and only three and a half miles from Stanford University. Along with Stanford University, this property is close to the Stanford Shopping Center. The owner has recently completed a sewer lateral replacement for the peace of mind of current tenants and potential buyers.

Location

State CA

County San Mateo

Area 699 - Not Defined

Zoning R-3

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Carport Spaces 6

Roof Type Flat,Shingle

Total Parking Spaces 1

Schools

School District Other

Others

Tax ID 069262210

Financing Other

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Ray Rodriguez • Compass
Bought with Simon Lo

Dan Parker

Team Lead | License ID: 02043651

+1(619) 719-1122

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