$1,575,000
SOLD NOV 6, 2025
6 Beds
6 Baths
3,794 Sq Ft
8,107 Sq Ft Lot

Recently Sold

$415 Per Sq Ft

13% Above List Price

7 Days on Market

Highlights

  • Laundry Room
  • Floor Furnace
  • Washer and Dryer
  • Woodside High School Rated A
  • Coin Laundry
  • 3-minute walk to Andrew Spinas Park

About This Home

As of November 2025

Welcome to 208 3rd Avenue - an excellent opportunity for investors or owner-occupants seeking rental income and long-term value. Each of the three identical units features two bedrooms, one and one-half bathrooms, and approximately 1,000 square feet of livable space. The functional floor plan includes a spacious living area, dining nook, and well-equipped kitchen. Upstairs units enjoy private balconies, while all three residences have backyard space for outdoor living. Each unit is also assigned two parking spaces from covered carport parking spaces to additional parking on the property, plus there is a shared on-site laundry room for tenant convenience. Ideally located near downtown Redwood City, Caltrain, major employers, and commuter routes, this property offers both lifestyle and investment appeal. Whether you are looking to expand your portfolio or live in one unit while renting out the others, this versatile triplex is a rare Peninsula opportunity. All units are tenant occupied and month-to-month. Please do not disturb tenants or walk the property. Please join us at our open house for viewing, one weekend only, Saturday 10/11 & Sunday 10/12 from 2-4pm, and Tuesday 10/14 11am-1pm.

Last Agent to Sell the Property

Jenn Wong Gevertz

Coldwell Banker Realty License #02146814 Listed on: 10/09/2025

Coldwell Banker Realty

Last Buyer's Agent

Raziel A. Ungar

Compass License #01701234

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • 1979

Lot Details

  • 8,107 Sq Ft Lot

Home Design

  • Triplex
  • Slab Foundation
  • Shingle Roof
  • Tar and Gravel Roof
  • Composition Roof

Interior Spaces

  • 3,794 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • 2 Parking Spaces
  • 5 Carport Spaces
  • On-Street Parking
  • Off-Street Parking
  • Assigned Parking

Utilities

  • Floor Furnace
  • Heating System Uses Gas
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $63,000

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 3 Leased Units
  • Insurance Expense $7,394
  • Maintenance Expense $3,000
  • Other Expense $464
  • Utility Expense $6,886
  • Operating Expense $25,328
  • Gross Income $64,080

Property Details

Home Type

Multi-Family

Year Built

1979

Lot Details

0

Listing Details

  • Zoning: R300S5
  • Subclass: Triplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3794
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1979

Interior Features

  • Living Sq Ft: 3794
  • Stories: 2
  • Laundry: Coin Operated, Washer / Dryer
  • Additional Rooms: Laundry Room

Exterior Features

  • Foundation: Concrete Slab, Crawl Space
  • Roof: Composition, Shingle, Tar And Gravel

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: Assigned Spaces, Carport, Off-Street Parking, On Street
  • Carport Min: 5

Utilities

  • Heating System: Floor Furnace, Gas
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1861
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8107.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8107.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 21.82
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 7394
  • Expense Maintenance: 3000
  • Expenses Other: 464
  • Expenses Total: 25328
  • Expenses Utility: 6886
  • Income Annual Gross: 64080.00
  • Income Annual Rental: 63000
  • Income Gross Scheduled: 64080
  • Income Includes: Coin Operated Equip, Laundry
  • Income Other: 1080
  • Meters: Master Electric, Master Gas, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance, Maintenance - Laundry, Maintenance - Repair, Supplies, Utilities - Electric, Utilities - Gas, Utilities - Hot Water, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2025
Closed on
Oct 30, 2025
Sold by
Wong Raymond and Wong Marie Joe
Bought by
Saavedra Miguel Angel and Sanchez Sofia
Seller's Agent
Jenn Wong Gevertz
Coldwell Banker Realty
Buyer's Agent
Raziel A. Ungar
Compass
List Price
$1,398,000
Sold Price
$1,575,000
Premium/Discount to List
$177,000
12.66%
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
231.85%
Original Mortgage
$1,175,000
Outstanding Balance
$1,173,896
Interest Rate
6.3%
Mortgage Type
New Conventional
Estimated Equity
$689,104
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,575,000 Wfg National Title Insurance C
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,175,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2025 11/06/25 Sold $1,575,000 +12.7% $415 / Sq Ft
10/16/2025 10/16/25 Pending -- -- --
10/09/2025 10/09/25 For Sale $1,398,000 -- $368 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

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 $7,750 $262,127 $78,878 $183,249
2023 $7,750 $251,950 $75,816 $176,134
2022 $7,140 $247,011 $74,330 $172,681
2021 $7,024 $242,169 $72,873 $169,296
2020 $6,898 $239,687 $72,126 $167,561
2019 $6,703 $234,988 $70,712 $164,276
2018 $6,320 $230,381 $69,326 $161,055
2017 $5,729 $225,865 $67,967 $157,898
2016 $5,435 $221,437 $66,635 $154,802
2015 $5,225 $218,112 $65,635 $152,477
2014 $5,089 $213,841 $64,350 $149,491
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML82024282

MLSListings

APN: 060-083-460