Paul’s Picks – Second Week of June


    PAUL’S PICKS

    Welcome to Paul’s Picks, a weekly segment where I showcase some the best deals on the market here in the Peninsula. From single-family homes and condos to 2-4 units and large apartments complexes even vacant lots, I closely and constantly monitor a wide arrange of product types seeking out the top values. If you would like to discuss a property in more detail or find out about other properties that may fit your needs better please give me a call at (650) 348-2020.

    Paul’s Pick #1 – 408 Williams Place [click here for more]

    408 Williams

    Starting off this week, we have 408 Williams Place in San Mateo. This 2 bedroom 2 bathroom home is ideally situated between downtown Burlingame and downtown San Mateo. However, the main reason I like this opportunity is – it’s been on the market for 46 days and just received a price reduction last week. In my experience, this means a better price can be negotiated.

    Paul’s Pick #2 – 1558 Logo Street – San Mateo [click here for more]

    1558 Lago

    My next pick is 1558 Logo Street in San Mateo. It is a duplex consisting of a 3 bedroom 1 bathroom unit and a 2 bedroom 1 bathroom unit. With close proximity to highway 101 and ideally situated between San Francisco and Silicon Valley, this is truly a commuter’s dream. Whether you’re a home buyer looking to increase your purchasing power 30-40% by renting out one of the units or an investor seeking an investment that will not only cash flow but will shelter some of your hard earned income, 1558 Logo Street is an opportunity you need to explore!

    Paul’s Pick #3 –  Renato Court – Redwood City (Call for more details)

    70 Ralnado

    I’m excited to talk about my final pick today. It is a 52 unit building on the west side of Red Wood City right on it’s border with Atherton. In a quite col-de-sac of Renato Court. This is an ideal location if you’re looking for a secure investment. A mere 15 minutes from the Facebook Campus, 10 minutes from downtown Red Wood City or Menlo Park, and only 15 minutes from University Avenue. This is truly a location that will always hold its value.  With a potential annual marketing growth income of just under $1.2 million, you’ll enjoy a a 3.85% cap rate.

     

     

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