736 Madison Ave, Redwood City, CA, 94061
Redwood City Townhome-Style Units | Private Garages | Core Location
Marketing description
736 Madison Ave is a pride of ownership 6-unit townhouse community located in the thriving city of Redwood City, California.
Situated on an expansive 10,379 square foot parcel of land, the subject property was originally constructed in 1964 and has a gross building area of approximately 8,404 square feet, offering its tenants large three-bedroom and two-bedroom townhouse floor plans. The subject property also offers tenants convenient amenities such as private garage parking and a small backyard space for the back owner's unit.
The subject property is located just minutes from the lively Downtown Redwood City which offers tenants and residents a myriad of high-end shopping, dining and entertainment options. The Redwood City Caltrain Station, offering Express services is also close by and provides an inexpensive, hassle free commute to major employment and entertainment centers in San Francisco, the Peninsula, and the South Bay. In addition to excellent public transportation options, residents enjoy easy access to the major transportation corridors of U.S. Highway 101, Interstate 280, the San Mateo-Hayward Bridge and the Dumbarton Bridge.
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 San Francisco's Bay Area, 736 Madison Ave presents an attractive choice for peninsula renters due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.
Investment highlights
- Pride of Ownership 6-Unit Townhouse Asset - Investors have the rare opportunity to acquire a pride of ownership 6-unit townhouse asset located between the lively Downtown Redwood City and the prestigious Emerald Hills.
- Large Unit Layouts - 736 Madison Ave offers tenants large three-bedroom and two-bedroom townhouse-style floorplans each offering a private garage space.
- Proximity to Vibrant Downtown Redwood City - The subject property is located within minutes of vibrant Downtown Redwood City, home to a myriad of high-end shopping, dining, and entertainment options.
- Abundant Lifestyle Amenities – 736 Madison Ave boasts proximity to countless lifestyle amenities such as Red Morton Park, San Mateo County History Museum, and Cinemark Century Theaters.
- Prime San Francisco Mid-Peninsula Location - 736 Madison Ave presents a rare opportunity to acquire an exceptional multifamily asset in the Bay Area's Mid-Peninsula, one of the strongest rental markets in the country.
- Incredible Redwood City Location - 736 Madison Ave is located in the desirable Roosevelt neighborhood of Redwood City, located adjacent to Downtown Redwood City. Located just blocks away, Downtown Redwood City is home to a myriad of high-end shopping, dining, entertainment options.
- Excellent Transportation Corridors – The subject property offers tenants and residents convenient access to transportation corridors and services including U.S. Route 101, Interstate 280 Highway 92, El Camino Real, the San Mateo and Dumbarton Bridges, Caltrain and SamTrans.
- Close Proximity to Many of the Nation's Top Tech Employers - Including Box Inc., Google, Oracle, Electronic Arts Inc. (EA), Stanford, Meta, Cisco Systems, Visa, Sony as well as many others.
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