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Address
131 Cerrito AVE Redwood City, CA
Price
$ 4,488,000
Property Attributes
  • MLS#ML81843135
  • TypeMulti-Family
  • CountySAN MATEO
  • CityRedwood City
  • AreaHorgan Ranch Etc.
  • Zip94061
  • Style
  • Price$ 4,488,000
  • Bedrooms4
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6914
  • Lot Size9,439 SqFt
Listing Provided Courtesy Of:
Ray Rodriguez with Compass.
Data Source:
MLSListings - 40 - CA
Property Description

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 from Downtown Redwood City and only three and a half miles from Stanford University. Along with Stanford University the property is close to Downtown Palo Alto and the Stanford Shopping Center. The property is also located right off Highway 280, making access simple and convenient. 131 Cerrito Ave has been renovated and provides each tenant with storage space, and a Ring doorbell for each unit. Two of the units have been completely remodeled with stainless steel appliances, new cabinets, updated AC units, new ceiling fans, updated bathrooms, a fresh coat of paint, and new windows. Water and garbage are paid for by the owner, while PG&E and other utilities are billed to the tenants. It has an on-site coin-less option operated washer/dryer along with assigned parking for its tenants.

Price History
5/11/2021 Listed $4,600,000
8/10/2021 3% - $4,488,000

General Features

# of Buildings 1
Accessibility Other
Age 61
City REDWOOD CITY
Co-Listing Agent Last Name Tony
Co-Listing Agent Last Name Zizzo
Co-Listing Agent State License # 01962093
Cooling Ceiling Fan, Window / Wall Unit
County San Mateo
Heating Wall Furnace
Listing Agent State License 01999734
MLS Area Horgan Ranch Etc.
Property SubType Five or More Units
Property Type Commercial Multi-Residential (5+ units)
Restrictions Other
Roof Flat / Low Pitch, Shingle
Security Features Other
Special Listing Conditions Not Applicable
Status Active
Utilities Individual Electric Meters, Individual Gas Meters
Virtual Tour https://player.vimeo.com/video/544659828
Water Private / Mutual
Year Built 1960
Zoning Text R-3

Interior Features

Living Sqft 6914
Unit 1 Rent 2700
Unit 2 Number Of Bedrooms 1

Exterior Features

Building Area Total 6914
Foundation Details Concrete Slab
Lot Acres 0.2167
Lot Size Area 9438.00
Lot Size Units Square Feet
Maximum Lot Size 9438.00
Meters Master Water, Separate Common Area, Separate Electric, Separate Gas
Number of Garage Spaces 3
Parking Features Assigned Spaces
Sewer/Septic Sewer - Private

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 94061

Price
AVG $5.01M
$4.49M
Visits
AVG 24
52
Year Built
AVG 1960
1960
Walkscore
AVG 81
63
Data Provided by Walkscore ® not using MLS data

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