Listing courtesy of Marshall P Ward from Compass Danville
736 Cedar Street offers a rare opportunity to acquire a well-located multifamily asset in the heart of the Peninsula. The well-maintained apartment building consists of eight (8) units, including four (4) two-bedroom, one-bathroom units and four (4) one-bedroom, one-bathroom units. The property features a newly completed 2025 Thermoplastic Polyolefin (TPO) roof, upgraded Square D main electrical service infrastructure, and 125-amp subpanels serving the units. The property includes ten (10) on-site parking spaces, a dedicated laundry room with washer and dryer hookups, and three (3) large storage sheds currently utilized by tenants. Major employers nearby include Box headquarters, along with a growing concentration of artificial intelligence, software, cybersecurity, and venture-backed technology companies.
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