Redwood City, CA 94063,600 Brewster Avenue
Listed by Jimmy Castellanos • Marcus & Millichap
Bought with Rico Bautista • Compass
$11,400,000
Est. payment /mo
Est.Price: ?

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37,915 SqFt
SOLD DATE : 10/03/2025

Key Details

Sold Price $11,400,000

Property Type Commercial Sale

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 37,915 sqft

Price per Sqft $300

MLS Listing ID ML82016999

Year Built 1974

Lot Size 0.459 Acres

Property Sub-Type Other

Property Description

Marcus & Millichap is excited to present Brewster Place, a 33-unit investment opportunity in one of the Bay Area's fastest-growing submarkets. Built in 1974, the property includes 30 quality one-bedroom, one-bath units and three two-bedroom, one-and-a-half-bath units across approximately 19,800 square feet of rentable space on a 20,000 square foot lot. The building is elevator-served and features 33 covered parking spaces. The building features durable construction with a concrete target story, enhancing both longevity and structural safety. With an average current rent of $2,518.75 per month and a projected 10% upside, the property provides immediate income with strong rent growth potential. Brewster Place is also located within walking distance of a Caltrain station, offering convenient regional access for commuters.

Location

State CA

County San Mateo

Interior

Heating Wall Furnace

Laundry Coin Operated

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Eric & Janelle Boyenga

Eric & Janelle Boyenga

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Eric & Janelle Boyenga

Eric & Janelle Boyenga

+1(408) 373-1660

Agent | DRE01254724 / 01254725

Agent DRE01254724 / 01254725

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