$2,000,000

1005 Jones Ct Redwood City, CA 94063

Friendly Acres Neighborhood

Estimated payment $12,656/month

Total Views 1,126
8 Beds
4 Baths
4,502 Sq Ft
$444 Price per Sq Ft

Highlights

  • Wood Flooring
  • 4 Car Attached Garage
  • 1-Story Property
  • Sequoia High School Rated A

About This Home

1005-1111 Jones Road is a high-quality 4-plex in the desirable Friendly Acres location of Redwood City. The single-story property consists of (4) spacious 2+1 units ranging from 860-925 sq. ft. Each unit has access to a garage space and either large backyard or patio. The building has many upgrades including dual pane windows, dishwashers and disposals, in-unit laundry, and most have kitchen, bathroom and/or flooring modernization. Additionally, tenants benefit from close proximity to the Marsh Manor Shopping Center (Starbucks, Delucchi's Market, Freewheel Brewery, State of Mind Pizza, and many health/lifestyle retail concepts) and is convenient to Hwy 101. The professionally managed property boasts attractive financial performance.

Listing Agent

Joel Hopman

Newmark Cornish & Carey License #01934574 Listed on: 08/27/2025

Co-Listing Agent

Steve Zirelli

Cornish & Carey Commercial License #01929245

Property Details

Home Type

  • Multi-Family

Year Built

  • 1961

Lot Details

  • 0.27 Acre Lot

Parking

  • 4 Car Attached Garage
  • Assigned Parking

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,502 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Flooring

  • Wood
  • Laminate

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

Community Details

Overview

  • 4,502 Sq Ft Building

Building Details

  • 4 Leased Units
  • Gardener Expense $3,000
  • Insurance Expense $5,243
  • Maintenance Expense $3,000
  • Other Expense $222
  • Utility Expense $5,048
  • Trash Expense $2,446
  • Operating Expense $45,556
  • Gross Income $133,598

Property Details

Home Type

Multi-Family

Year Built

1961

Lot Details

0

Parking

4

Listing Details

  • Zoning: R20000
  • Subclass: Fourplex
  • Age: 64
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 4502
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1961

Interior Features

  • Living Sq Ft: 4502
  • Stories: 1
  • Flooring: Hardwood, Laminate

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 4
  • Garage Parking Features: Assigned Spaces, Attached Garage

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Acres: 0.2739
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 11931.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 11931.00

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr, Month To Month
  • Gross Rent Multiplier: 14.52
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 5243
  • Expense Landscape: 3000
  • Expense Maintenance: 3000
  • Expenses Other: 222
  • Expenses Total: 45556
  • Expenses Utility: 5048
  • Expense Trash: 2446
  • Income Annual Gross: 133598.00
  • Income Annual Rental: 137730
  • Income Gross Scheduled: 137730
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Repair, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities, Vacancy Factor
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 3

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2025 08/27/25 For Sale $2,000,000 -- $444 / Sq Ft
Source: MLSListings

Source: MLSListings

MLS Number: ML82019384

MLSListings

APN: 055-033-350

California San Mateo County Redwood City 94063 Friendly Acres

1005 Jones Ct, Redwood City, CA

This home is located at 1005 Jones Ct, Redwood City, CA 94063 and is currently priced at $2,000,000, approximately $444 per square foot. This property was built in 1961. 1005 Jones Ct is a home located in San Mateo County with nearby schools including Taft Elementary School, John F. Kennedy Middle School, and Sequoia High School.

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Nearby Homes
Listing Agent
Joel Hopman
Section Image
Newmark Cornish & Carey
(650) 728-4239