77 Birch Street Redwood City, CA 94062
77 Birch Street Redwood City, CA 94062| Property type: | Land |
| MLS #: | 81946375ML |
| Days On Market: | 50 |
| County: | San Mateo |
| Zoning: | R50000 |
Property Details
PRICE ADJUSTMENT - $4,800,000 Rarely Available, Double-Lot (16,640 SF) w/ Existing Medical/Office Property. Property Offers Short-Term Cashflow With Long-Term Opportunity to Develop: 9 Townhouses OR 23 Condos. A+ Location in Quiet, Desirable Oak Knoll/Edgewood Park Neighborhood. Transit-Oriented Location. Walkscore: 93. Walk to Downtown Redwood City, Cal-Train Station. Excellent, Irreplaceable Tree-Lined Street West of El Camino. Little to No New Construction Condo or Townhouse Inventory. OPTION 1: 9 Townhomes - Already Submitted Plans (About 80% Approved): Eight (8) 4 BR/2.5 BA with 2,074 SF/Unit, and One (1) 3 BR/3 BA with 1,623 SF/Unit OPTION 2: 23 Condos - Includes: 15 Units + 8 Density Bonus Units - (8) 3 BR/2 BA, (8) 2 BR/2 BA, and (7) 1 BR/1 BA Units Recent Zoning Upgrade Offers 40 DU/Acre: 15 Units + 8 Density Bonus Units - 23 Total Units EXISTING CASHFLOW: 4,918 SF Medical Office Building (6-Units) is Partially Vacant. Existing Medical/Office/Flex Property Offers 4,800 SFInterested in this Listing?
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Land Info
Infrastructure
| Disclosures: | Natural Hazard Disclosure |
| Sewer: | Sewer - Public |
| Water: | Public |
Community
Detailed Map
Schools
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Active
$ 4,800,000
8%
0.38Acres
$ 12,631,579per ACRE
16,553 ft2Lot Size
Land
