$3,930,000
$4,175,000
5.9%For more information regarding the value of a property, please contact us for a free consultation.
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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Bought with Simon Lo
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