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180 Buckingham Ave
Redwood City, CA 94063

Casa de Sobrato · Multifamily Property For Sale · 48 Units

PROPERTY FACTS

No. Units 48
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.57 AC
Building Size 51,701 SF
No. Stories 3
Year Built/Renovated 1964/2017
Parking Ratio 0.92/1,000 SF

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Kitchen
  • Refrigerator
  • Oven
  • Sprinkler System
  • Range
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Laundry Facilities
  • Grill
  • Elevator
  • Smoke Detector

About 180 Buckingham Ave , Redwood City, CA 94063

Marcus & Millichap has been selected to exclusively market for sale 180 Flats, a stunning, extensively renovated, forty-eight (48) unit apartment community located at 180 Buckingham Avenue in thriving Redwood City, CA. Nestled in a quiet residential neighborhood, the subject property was originally constructed in 1964, and has a gross area of approximately 51,701 square feet, offering its tenants beautifully designed, studio, one and two-bedroom apartment homes featuring spacious open floor plans, walk-in closets, private balconies and state-of-the-art appliances. 180 Flats has recently undergone significant exterior and interior renovations. Unit interiors have been completely remodeled with modern, high-end designer finishes, and updated kitchens with stainless steel appliances, and quartz counter tops. Tenants at 180 Flats enjoy access to many convenient community amenities including assigned, secured subterranean parking, on-site laundry facilities, elevator, two open community courtyards with BBQ areas and a new dog park. 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, 180 Flats presents an attractive choice for Peninsula renters due to the close proximity to major employers, transportation corridors, shopping, dining and entertainment options.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 3 - 400 - 475
1+1 37 - 700
2+1 8 - 750 - 850

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
054-271-150
Land Assessment
$5,361,009
Improvements Assessment
$17,959,384
Total Assessment
$23,320,393

zoning

Zoning Code R300S5
R300S5
  • Listing ID: 12650212

  • Date on Market: 5/23/2018

  • Last Updated:

  • Address: 180 Buckingham Ave, Redwood City, CA 94063

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