1334 Norman St Redwood City, CA 94061
Palm Park NeighborhoodEstimated payment $10,270/month
Total Views
244
5
Beds
4
Baths
3,090
Sq Ft
$550
Price per Sq Ft
Highlights
- Wood Flooring
- Fireplace
- Ceiling Fan
- Woodside High School Rated A
- Forced Air Heating and Cooling System
- 4-minute walk to Hawes Park
About This Home
Excellent investment opportunity duplex on peaceful cul-de-sac. Close enough to enjoy all the life that downtown Redwood City has to offer, but tucked far enough away from busy streets for ultimate privacy. Located close to great schools and beautiful parks, the property is a hidden gem consisting of two large, well-maintained units: 1336: 2 STORY, 3BR/2.5BA (rent $3,436.80/mo.) 1334: Large 2BR/1BA (completely updated; rent $3000/mo.) Each unit has its own washer/dryer, fireplace, and private yard. There's a large carport and side yard area that easily fits five vehicles. This is a no-hassle property for passive income or a future residence for its new owner.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,075
Year Built
- 1975
Lot Details
- 5,001 Sq Ft Lot
Home Design
- Duplex
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,090 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Fireplace
- Washer and Dryer
Flooring
- Wood
- Tile
Parking
- 5 Parking Spaces
- 5 Carport Spaces
Utilities
- Forced Air Heating and Cooling System
- Separate Meters
- Individual Gas Meter
Listing and Financial Details
- 24 Month Lease Term
Community Details
Overview
- 3,090 Sq Ft Building
Building Details
- 2 Leased Units
- Insurance Expense $1,000
- Maintenance Expense $2,000
- Operating Expense $15,877
- Gross Income $77,241
Map
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Home Values in the Area
Average Home Value in this Area
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 | $13,075 | $1,196,783 | $568,711 | $628,072 |
| 2023 | $13,075 | $1,150,312 | $546,628 | $603,684 |
| 2022 | $12,273 | $1,127,758 | $535,910 | $591,848 |
| 2021 | $12,154 | $1,105,646 | $525,402 | $580,244 |
| 2020 | $11,991 | $1,094,310 | $520,015 | $574,295 |
| 2019 | $11,947 | $1,072,854 | $509,819 | $563,035 |
| 2018 | $11,636 | $1,051,819 | $499,823 | $551,996 |
| 2017 | $11,510 | $1,031,196 | $490,023 | $541,173 |
| 2016 | $11,323 | $1,010,977 | $480,415 | $530,562 |
| 2015 | $10,901 | $995,792 | $473,199 | $522,593 |
| 2014 | $10,692 | $976,287 | $463,930 | $512,357 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/04/2025 09/04/25 | For Sale | $1,698,000 | -- | $550 / Sq Ft |
Source: MLSListings
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $842,000 | Old Republic Title Company | |
| Interfamily Deed Transfer | -- | Old Republic Title Company | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $565,000 | First American Title Co | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $380,000 | First American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $322,700 | Purchase Money Mortgage | |
| Previous Owner | $526,000 | Purchase Money Mortgage | |
| Previous Owner | $540,000 | No Value Available | |
| Previous Owner | $160,000 | No Value Available |
Source: Public Records
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Source: MLSListings
MLS Number: ML82020399
APN: 053-263-140
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