$16,250,000 - Price Reduction

$16,250,000 1660 Gordon St Redwood City, CA

MLS: ML81635419   Type: Multi-Family   County: San Mateo   City: Redwood City   Area: Central Park Etc.   Zip: 94061  

Mortgage $76,291 /mo



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41 units in an Excellent Redwood City Location. Located near Starbucks, Safeway, Major Employers, The investment appeal of this asset is driven by Redwood City's strong employment fundamentals and low vacancy levels. With a world-class location in the heart of Silicon Valley, Gordon Apartments present an attractive choice for Peninsula renters due to the close proximity to major employers, transportation corridors, shopping, dining and entertainment. Gordon Apartments has recently undergone extensive interior and exterior renovations. 34 out of the 41 units have been beautifully renovated with designer kitchens and baths, stainless steel/white appliances, and new finishes throughout these spacious apartments. Exterior Renovations include an all new façade with Redwood Siding, resurfaced pool and pool deck, stunning new landscaping, and renovated elevator system. Ownership has also added an elegant management office.

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Price History

1/12/2017 Listed $17,000,000
3/2/2017 5% - $16,250,000

Accessibility Elevator / Lift, Other
Age 54
Amenities Misc. Walk-in Closet, Other
City Limits (y/n) 1
Community Amenities Additional Storage, Community Pool, Other
Complex Name Text Gordon Apartments
Incorporated Y/n 1
Number Of Buildings 1
Zoning Text R40000

Interior Features

Additional Rooms Other
Cooling Ceiling Fan, Window/Wall Unit, Other
Flooring Carpet, Laminate, Tile, Vinyl/Linoleum, Other
Heating Wall Furnace, Other
Kitchen Appliances - Vary by Unit, Cooktop - Electric, Countertop - Ceramic, Countertop - Formica, Countertop - Granite, Countertop - Marble, Countertop - Other, Dishwasher, Exhaust Fan, Microwave, Oven - Built-In
Laundry Coin Operated

Exterior Features

Foundation Other
Garage Spaces 0
Meters Separate Electric
Parking Features Carport, Common Parking Area, Covered Parking, Electric Gate, Gate/Door Opener, On Street, Other
Parking Spaces 0
Pool (Y/N) 1
Pool Features Fenced, Heated, In Ground, Other
Roof Other
Sewer/Septic Sewer Connected, Other
Water Other

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Property vs Zip Code Avg (94061)

Price 16.2M Avg 16.2M

Sqr Feet 34,662 Avg 34,662

Cost / Sqr Ft $469 Avg $469

Acres 0.54 Avg 0.54

Visits 20 Avg 21

Days on Site 106 Avg 106

Walkscore® 77 Avg 77

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Listing Provided Courtesy Of: Michael Henshaw with Marcus & Millichap.

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Location & Address

Barbagelata Real Estate

San Francisco, CA