1172 Clinton St Redwood City, CA 94061
Palm Park Neighborhood
8
Beds
4
Baths
3,430
Sq Ft
5,693
Sq Ft Lot
About This Home
As of July 2025Seller Financing Available! Welcome to 1172 Clinton Street, a well-maintained 4-unit residential property in the heart of Redwood City. Each unit is a spacious 2-bedroom, 1-bathroom layout, providing an ideal living space for tenants seeking comfort and convenience. Unit 2 will be delivered vacant. Every unit comes with its own covered carport parking space, ensuring off-street parking for tenants. Additionally, each unit features a private deck or patio. The property is separately metered for gas and electricity, which provides individual control for tenants' utility usage, while the owner is responsible for covering the water, sewer, and garbage expenses. The property includes an on-site laundry facility, adding convenience and additional value for tenants. With a low-maintenance setup, this property is poised for steady rental income and long-term value appreciation. Its location in Redwood City, a growing and highly desirable area in Silicon Valley, enhances its appeal to potential renters, making it a strong and stable investment for any real estate portfolio.
Last Agent to Sell the Property
Marcus & Millichap License #01977683 Listed on: 04/11/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,365
Year Built
- 1955
Parking
- 5 Carport Spaces
Home Design
- Quadruplex
- Shingle Roof
Interior Spaces
- 3,430 Sq Ft Home
- 2-Story Property
Additional Features
- 5,693 Sq Ft Lot
- Wall Furnace
Listing and Financial Details
- Total Actual Rent $99,000
Community Details
Overview
Building Details
- 4 Leased Units
- Gardener Expense $600
- Insurance Expense $2,238
- Maintenance Expense $2,000
- Other Expense $367
- Utility Expense $11,327
- Operating Expense $36,947
- Gross Income $98,392
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 11, 2025
Closed on
Jul 10, 2025
Sold by
Simon Family Trust and Simon Michael C
Bought by
Sanchez Francisco and Sanchez Marta Ceja
Seller's Agent
Sam Runco
Marcus & Millichap
Buyer's Agent
Erika Carrasco
Intero Real Estate Services
List Price
$1,950,000
Sold Price
$1,850,000
Premium/Discount to List
-$100,000
-5.13%
Views
63
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
77.98%
Original Mortgage
$1,438,000
Outstanding Balance
$1,436,786
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$523,003
Purchase Details
Closed on
Jul 30, 2009
Sold by
Macias Abraham
Bought by
Simon Michael C and Simon Angela M
Purchase Details
Closed on
Aug 11, 2006
Sold by
Raymundo Jose and Mata Alicia
Bought by
Macias Abraham
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,600
Interest Rate
6.76%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jul 16, 2004
Sold by
Raymundo Jose and Mata Alicia
Bought by
Raymundo Jose and Mata Alicia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$896,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 13, 2004
Sold by
Sepulveda Edward and Sepulveda Flora Garcia
Bought by
Raymundo Jose and Mata Alicia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$896,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 2, 1999
Sold by
Demelo Alfred F and Demelo Irene G
Bought by
Sepulveda Edward and Roman Luz A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
6.79%
Similar Home in Redwood City, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,850,000 | Orange Coast Title Company | |
| Grant Deed | $875,000 | Old Republic Title Company | |
| Grant Deed | $1,250,000 | Alliance Title Company | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $1,120,000 | Ticor Title Company Of Ca | |
| Grant Deed | $560,000 | Fidelity National Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,438,000 | New Conventional | |
| Previous Owner | $183,600 | Credit Line Revolving | |
| Previous Owner | $918,000 | Negative Amortization | |
| Previous Owner | $700,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $346,000 | Credit Line Revolving | |
| Previous Owner | $896,000 | Purchase Money Mortgage | |
| Previous Owner | $534,000 | Balloon | |
| Previous Owner | $533,700 | Unknown | |
| Previous Owner | $528,700 | No Value Available | |
| Previous Owner | $448,000 | No Value Available | |
| Closed | $104,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/16/2025 07/16/25 | Sold | $1,850,000 | 0.0% | $539 / Sq Ft |
| 06/09/2025 06/09/25 | Pending | -- | -- | -- |
| 05/28/2025 05/28/25 | Price Changed | $1,850,000 | -5.1% | $539 / Sq Ft |
| 04/11/2025 04/11/25 | For Sale | $1,950,000 | -- | $569 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $12,365 | $1,129,460 | $564,730 | $564,730 |
| 2023 | $12,365 | $1,085,602 | $542,801 | $542,801 |
| 2022 | $11,608 | $1,064,316 | $532,158 | $532,158 |
| 2021 | $11,496 | $1,043,448 | $521,724 | $521,724 |
| 2020 | $11,343 | $1,032,750 | $516,375 | $516,375 |
| 2019 | $11,301 | $1,012,500 | $506,250 | $506,250 |
| 2018 | $10,997 | $992,648 | $496,324 | $496,324 |
| 2017 | $10,879 | $973,186 | $486,593 | $486,593 |
| 2016 | $10,701 | $954,104 | $477,052 | $477,052 |
| 2015 | $10,302 | $939,774 | $469,887 | $469,887 |
| 2014 | $10,105 | $921,366 | $460,683 | $460,683 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Sam Runco
Marcus & Millichap
(650) 391-1700
1 in this area
15 Total Sales
-
P
Seller Co-Listing Agent in 2025
Phillip Batlin
Marcus & Millichap
(415) 625-2189
1 in this area
24 Total Sales
-
Buyer's Agent in 2025
Erika Carrasco
Intero Real Estate Services
(408) 574-5056
1 in this area
334 Total Sales
Map
Source: MLSListings
MLS Number: ML82002109
APN: 053-114-150
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Property Information © 2025 MLSListings Inc. All rights reserved. Listing information is deemed reliable but not guaranteed. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc. The viewer acknowledges ownership and validity of its copyright. Information provided is for personal, non-commercial use by a viewer with a bona fide interest in the purchase or sale of real estate of the type being offered via this website or other electronic means. The viewer is prohibited from copying, redistributing or retransmitting any of the data or information provided by MLSListing, Inc.
Nearby Homes
- 1165 Clinton St
- 1120 Davis St
- 440 Madison Ave
- 1458 Hudson St Unit 208
- 1458 Hudson St Unit 305
- 1458 Hudson St Unit 111
- 1458 Hudson St Unit 310
- 130 Cypress St
- 1004 Iris St
- 306 Beech St
- 1522 Hudson St
- 1520 Middlefield Rd
- 1090 Main St Unit 401
- 1567 Hawes Ct
- 307 Carlos Ave
- 1428 Redwood Ave
- 601 Leahy St Unit 104
- 736 Cedar St
- 100 Danbury Ln
- 2727 Blenheim Ave