Property Detail

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.