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Sold

131 Cerrito AVE

131 Cerrito Avenue, REDWOOD CITY, CA 94061

$3,930,000

Features & Amenities

Area & Lot

  • Status Sold
  • Living Area6,914 Sq.Ft.
  • Lot Area9,439 Sq.Ft.
  • MLS® IDML81924560
  • TypeMulti-Family
  • YEAR BUILT1960

Exterior

  • Garage Space3
  • roofShingle
  • parkingAttached
  • AIR CONDITIONINGCeiling Fan(s), Wall/Window Unit(s)
  • SubstructureSlab

Financial

  • Sales Price$3,930,000
  • Zoning R-3
Assumable financing available ($1.6 Million @ 4.16% through 2026) 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 away from Downtown Redwood City and only three and a half miles from Stanford University. Along with Stanford University, this property is close to the Stanford Shopping Center. The owner has recently completed a sewer lateral replacement for the peace of mind of current tenants and potential buyers.
Contact

6,914 Sq.Ft. LIVING AREA

9,439 Sq.Ft. lot

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