22
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$11,200,000
Est. payment /mo
0.46 Acres Lot
Open Fri 12PM-1PM
600 Brewster AVE Redwood City, CA 94063
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OPEN HOUSE
Fri Aug 08, 12:00pm - 1:00pm
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82016999
HOA Y/N No
Year Built 1974
Annual Tax Amount $123,592
Lot Size 0.459 Acres
Property Description
Marcus & Millichap is excited to present Brewster Place, a 33-unit investment opportunity in one of the Bay Area's fastest-growing submarkets. Built in 1974, the property includes 30 quality one-bedroom, one-bath units and three two-bedroom, one-and-a-half-bath units across approximately 19,800 square feet of rentable space on a 20,000 square foot lot. The building is elevator-served and features 33 covered parking spaces. The building features durable construction with a concrete target story, enhancing both longevity and structural safety. With an average current rent of $2,518.75 per month and a projected 10% upside, the property provides immediate income with strong rent growth potential. Brewster Place is also located within walking distance of a Caltrain station, offering convenient regional access for commuters.
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning R-5-O
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Roof Type Other
Building
Water Public
Schools
Elementary Schools Other
Middle Schools John F. Kennedy
High Schools Sequoia
School District Other
Others
Tax ID 052283130
Special Listing Condition Standard
Listed by Jimmy Castellanos Marcus & Millichap