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Listed by Jimmy Castellanos • Marcus & Millichap
$ 11,200,000
Est. payment /mo
Pending
600 Brewster Avenue Redwood City, CA 94063
37,915 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 37,915 sqft
Price per Sqft $295
MLS Listing ID ML82016999
HOA Y/N No
Year Built 1974
Lot Size 0.459 Acres
Property Sub-Type Other
Source Datashare MLSListings
Property Description
Marcus & Millichap is excited to present Brewster Place, a 33-unit investment opportunity in one of the Bay Area's fastest-growing submarkets. Built in 1974, the property includes 30 quality one-bedroom, one-bath units and three two-bedroom, one-and-a-half-bath units across approximately 19,800 square feet of rentable space on a 20,000 square foot lot. The building is elevator-served and features 33 covered parking spaces. The building features durable construction with a concrete target story, enhancing both longevity and structural safety. With an average current rent of $2,518.75 per month and a projected 10% upside, the property provides immediate income with strong rent growth potential. Brewster Place is also located within walking distance of a Caltrain station, offering convenient regional access for commuters.
Location
State CA
County San Mateo
Interior
Heating Wall Furnace
Fireplace No
Laundry Coin Operated
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