116 Pine Street, Redwood City, CA 94063
San Mateo County
Key Facts
Description
Introducing 116 Pine St. in downtown Redwood City. The property features 10 fully renovated units (kitchens, baths, floors, doors, electrical, etc.) and offers three 2 bedroom 1 bathroom units and seven 1 bedroom 1 bathroom units. It sports an insanely desirable WalkScore of 94. Most importantly it is located one block from the 8 acre $600,000,000 Elko Yards development project. There's nothing but upside in this pocket of Redwood City and this investment provides solid returns immediately. Strong in-place RUBS. In close proximity to all the dining, shopping & entertainment amenities of Downtown Redwood City. Strategically located between San Francisco and San Jose, Redwood City continues to be one of the most dynamic and rapidly growing cities on the mid-Peninsula.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Year Built
1953
Living Area
6,300 sq ft
Lot Size
7,267 sq ft
Zoning
Mult
Days on Market
169
MLS® Listing#
ML82033415
Property Features
Cooling
Heating
Parking
Sewer
Water Source
Financial Details
HOA
None
Parcel Number
053195080
Affordability Calculator
$679,000
Estimated monthly payment
$18,070/mo
Principal $2,716,000 · Est. interest $3,789,062 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Redwood City, CA
- $741,065
- Median Listing Price
- 51
- Median Days on Market
- 1,650
- Median Sq Ft
- $486
- Median Price / Sq Ft
- 2,075
- Active Listings
- This home’s price is 358% above the area median.
- Its price per sq ft is 11% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Redwood City, CA.
Location
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Points of Interest in Redwood City, CA
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 101 King Street, Redwood City, CA | $2,398,888 | 4 | 3 | 1,660 |
| 101 King Street, REDWOOD CITY, CA | $2,398,888 | 4 | — | 1,660 |
| 101 King Street, Redwood City, CA | $2,398,888 | 4 | 3 | 1,660 |
| 12004 Briarvale Lane, Studio City, CA | $2,399,000 | 4 | 3 | 3,043 |
| 12834 Landale Street, Studio City, CA | $2,399,000 | 5 | 3 | 2,764 |
| 320 Center Street, Redwood City, CA | $2,399,000 | 3 | 3 | 1,446 |
Moving Cost Estimate
EXIT Agents in Redwood City
Listing Courtesy: Cornish & Carey Commercial
Presented by: Steve Zirelli
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