Under contract

Contingent

50 Dumbarton AVE

REDWOOD CITY CA, 94063

$3,688,000


$338.26 per sqft

Under contract

Contingent

10,903 sqft

Multi-family

Built in 1962

Listed by Magnify Real Estate, Kyle De Mattei, David Katz Listing Contact: 4083343226

We are pleased to present the opportunity to acquire 50 Dumbarton Ave, a meticulously maintained property with 10 units. This property has benefited from over 30 years of dedicated ownership, ensuring its excellent condition. Built in 1962, the building spans 10,903 square feet per county record on a 7,700 square foot corner parcel. The unit mix includes 8 two-bedroom/one-bathroom units and 2 studios, offering a versatile living arrangement. The building has copper plumbing and recent capital improvements include a new sewer line, dual pane windows and a new central water heater. Interior upgrades include LVP floors, granite countertops, bathroom vanities and shower surrounds. The property has strong cash flow with 20%+ upside in rents. The property is ideally located close to El Camino Real, providing easy access to transportation and major highways. It is conveniently near Downtown Redwood City, Elco Yards, Downtown Menlo Park, Stanford Shopping Mall, and Stanford University. Additionally, it is in proximity to major corporate headquarters such as Facebook, Google, and Oracle, among many others.

ML81984282

MLS ID

October 18, 2024

Listed

November 22, 2024

Updated

Map

50 Dumbarton AVE
REDWOOD CITY CA, 94063

Interior Features

Interior Features

Tile


Floor Description

Tile


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Natural Gas

Exterior/Building Features

Lot Size

0.18 Acres


Sewer

Public Sewer

School Information

School District

Redwood City Elementary

Other Property Details

Area Name

Dumbarton Etc.


Garage

No


View

No


County

San Mateo


Water Source

Public


Pool

No


Zoning

R300S5

Listing History

Date

Event

Price

11/5/2024

Under contract

Listed by Magnify Real Estate, Kyle De Mattei, David Katz
Listing Contact: 4083343226 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Wendy Leung | CA DRE# 02223900 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLS Listings, Inc. MLS system. Real estate listings held by brokerage firms other than Wendy Leung | CA DRE# 02223900 are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents.

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Data last updated 4:50 AM UTC, 11/22/2024

 

 

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