645 Elm Street $3,195,000


    645 Elm Street Redwood City, CA 94063



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    • 4,472 sq. ft.
    • 0.17 Acres
    • Commercial Lease
    • MLS# 52354700
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    Views: 9 Days On Site: 90

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    Property Details

    $500,000 price reduction! 645 Elm Street offers an investor a unique opportunity to acquire a well maintained apartment property strategically positioned in one of the most sought after submarkets in the country. The building sits on a 7,579 SF lot with 4,472 SF of rentable space. The complex benefits from a solid unit mix of (3) two-bedroom/one-bath and (5) one-bedroom/one-bath units. The property has dual pane windows throughout the entire building and an on-site laundry facility. Five of the eight units have been remodeled. Property is perfectly suited to add one or two Additional Dwelling Units (ADUs). 645 Elm St. has an almost unheard of Walkscore of 97 and is 1/3 of a mile to the intersection of Broadway and Main St. in downtown Redwood City. Can be purchased together with 6 units located at 1584 Regent St. in Redwood City.

    • General Features
      • County Or Parish San Mateo
      • Mlsarea Major Lenolt Etc
      • Property Sub Type Other
    • Building Features
      • Building Area Total 4472
      • Attached Garage Y/N false
      • Appliances Refrigerator
      • Cooling None
      • Carport Y/N false
      • Building Area Units Square Feet
      • Year Built 1955
      • Sewer Public Sewer
      • Heating Y/N true
      • Heating Wall Furnace
      • Garage Y/N false
      • Living Area 4,472
      • Living Area Units Square Feet
      • Property Type COMM RI MULTI-UNITS 5+
    • Property Features
      • Lot Size Acres 0.17
      • Parking Features Covered
      • Water Source Public
      • Lot Size Area 0.17
      • Lot Size Square Feet 7579
      • Lot Size Units Acres



    94063 (Redwood City) Demographics

    33 Median Age
    4,663 Population Density (per sq. mile)
    36% College Educated
    $80,313 Estimated Median Income
    3,669 Estimated Total Home Owners
    7,055 Estimated Total Renters
    34% / 66% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    36,110 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $1,173,000 Median Sales Price
    7 Homes Sold
    31 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $3,195,000
        2/28/2023 6:04:04 PM Price Reduced Source: Multiple Listing Service New Value: $3,195,000 -3.03%
        2/28/2023 12:51:00 PM New in Database Source: Multiple Listing Service New Value: $3,295,000

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        MLS Logo Bay East ©2023. CCAR ©2023. bridgeMLS ©2023. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 5/29/2023 6:58:10 PM PST .

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.