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Key Details
Sold Price $4,900,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81961429
Sold Date 06/10/24
HOA Y/N No
Year Built 1962
Annual Tax Amount $53,481
Lot Size 0.344 Acres
Property Description
280 Howland Street presents an exceptional opportunity to acquire a value-add property situated in a prime location within walking distance to downtown Redwood City. Spanning a 15,000 square foot parcel of land, the property boasts a gross building area of approximately 18,865 square feet. Comprising eight (8) 2-bedroom/1-bathroom units, eight (8) 1-bedroom/1-bathroom units, and two (2) studios, this property offers a diverse mix of rental options. Its strategic location provides tenants with easy access to some of the nation's leading tech employers, including Meta, Oracle, Electronic Arts Inc., Sony, Cisco Systems, Visa, Box, Inc., and many others. Additionally, 280 Howland Street is within walking distance of the bustling Downtown Redwood City, offering a plethora of employment and entertainment opportunities. Moreover, residents enjoy convenient access to the Caltrain system, further enhancing connectivity to the South Bay and San Francisco.
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning R5
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Carport Spaces 18
Roof Type Bitumen
Building
Water Public
Schools
School District Other
Others
Tax ID 052254030
Financing Cash
Special Listing Condition Standard
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Bought with Robert Johnston • Marcus & Millichap