3290 Rolison Road
3290 Rolison Road
$4,415,000
—
7,600
7,600
$581
Sold 8/12/22
Description
BUY A PROVEN PERFORMER: TIRELESS CASH-COW - Low Vacancy, High Rental Demand, Consistent Rental Income 8 Townhouse-Style Apartment Home Units (All 3 BR / 1 BA on 2-Levels) Each Unit Offers Private Front Yard & Enclosed Garage Parking. Current Cap Rate: 4.66% / Pro-Forma Cap Rate: 5.2% Current GRM: 14.1 / Pro-Forma GRM: 13.1 Cost/SF: $592/SF Consistent Rental History with Low Tenant Turnover Excellent Unit Mix All 8 Units Offer Three (3) BR / One (1) BA Units Townhouse Style on 2-Levels Attractive...BUY A PROVEN PERFORMER: TIRELESS CASH-COW - Low Vacancy, High Rental Demand, Consistent Rental Income 8 Townhouse-Style Apartment Home Units (All 3 BR / 1 BA on 2-Levels) Each Unit Offers Private Front Yard & Enclosed Garage Parking. Current Cap Rate: 4.66% / Pro-Forma Cap Rate: 5.2% Current GRM: 14.1 / Pro-Forma GRM: 13.1 Cost/SF: $592/SF Consistent Rental History with Low Tenant Turnover Excellent Unit Mix All 8 Units Offer Three (3) BR / One (1) BA Units Townhouse Style on 2-Levels Attractive Assumable Loan From Provident CU 3 of 8 Units Receive Partial Housing Assistance, Providing Steady Rent Collection Supply-Constrained Core Mid-Peninsula Submarket Ideal Housing (3 BR + Private Yard + Enclosed Garages) for Working Families Easy Access to Highway 101, Marsh Rd, Woodside Rd, El Camino Real Proven Performer With Solid Cashflow & Value Appreciation Building SF: 7,600 SF / Lot Size: 10,000 SF / Cost Per SF: $592/SF
- Listed by Don Sung • DRE #01935797 • Brokerage DRE #00490878 • Colliers Parrish International • 650-380-5188
Property Details for 3290 Rolison Road
MLS City Name
REDWOOD CITY
Building TypeOther
Garage Spaces8
Parking Spaces0
Location
LISTING UPDATED: 08/19/2022 12:30 PM
Property Details for 3290 Rolison Road
Status | Sold |
---|---|
MLS # | ML81890846 |
Days on Compass | 61 |
Taxes | $56,998 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | 5+ Units / Five or More Units |
Year Built | 1962 |
Lot Size | 0.23 AC / 10,000 SF |
County | San Mateo County |
Location
Building Information for 3290 Rolison Road
Stories-Residences-Year Built1962Building Size-Lot Size0.23 AC / 10,000 SF
Payment Calculator
$28,844 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 3290 Rolison Road
Property History for 3290 Rolison Road
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 3290 Rolison Road
Taxable ValueLand$3,000,000Additions$1,415,000Total$4,415,000
Tax Record2023$57,543 ($4,795 / month)
Home Facts
Baths8Total Finished SqFt7,600 SqFtAbove Grade Finished SqFt7,600 SqFtStories2Lot Size10,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1962CountySAN MATEOAPN055-031-230
Schools near 3290 Rolison Road
This home is within Redwood City Elementary School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 5 to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 8 |
Rating | School | Distance |
---|---|---|
Taft Elementary School PublicK to 5 | ||
John F. Kennedy Middle School Public5 to 8 | ||
Sequoia High School Public9 to 12 | ||
KIPP Excelencia Community Preparatory CharterK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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