Compass Commercial is pleased to offer this incredible turnkey opportunity located in highly desirable, Redwood City, California. Situated on a 7,470 square-foot parcel of land, the subject property located at 140 Roosevelt Avenue was constructed in 1932 and has a gross building area of 4,354 square feet. This five-unit turnkey apartment complex consists of one (1) two-bedroom/two-bathroom detached single family home in the front, and a fourplex situated in the back with two (2) two-bedroom/one-bathroom units, and two (2) one-bedroom/one-bathroom units. The property has undergone extensive exterior and interior updates, and has been EXTREMELY WELL-MAINTAINED. The units are bright with natural light and each has a locked storage area in the carport. The robust high tech job growth, shortage of housing units, proximity to shopping and public transportation, and core Silicon Valley location make 140 Roosevelt a great opportunity for both the cashflow and appreciation-minded investor.
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