NOT LISTED FOR SALE
7 Beds
4 Baths
3,290 Sq Ft
10,019 Sq Ft Lot

Last Sold June 30, 2015

Last sale price $1,750,000 $532 Per Sq Ft

9 Days on Market

Highlights

  • Granite Countertops
  • Washer and Dryer
  • 1-minute walk to Fleishman Park
  • Woodside High School Rated A

About This Home

As of June 2015

Pride of Ownership multifamily in thriving Redwood City. Three Separate Houses on large 10,018 sqft Lot!! 4 Legal units and 1 unwarranted in law unit($1800). Residential financing available! All units extensively remodeled. New Pergo floors throughout. Stainless steel appliances, granite counter tops, washer/dryer and double pane windows in each unit. Owner Spared no Expense!! Come by for Open house Wednesday the 27th at 11:00am.

Last Agent to Sell the Property

Chris Giotinis

SC Properties License #01962295 Listed on: 05/22/2015

Co-Listed By

Kevin Phillips

SC Properties License #01470917

Last Buyer's Agent

Sylvia Leung

Green Earth Investments License #01109971

Property Details

Home Type

  • Multi-Family

Year Built

  • 1920

Lot Details

  • 10,019

Parking

  • 3 Car Garage
  • Off-Street Parking

Home Design

  • Quadruplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,290 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring
  • Monitored
  • Granite Countertops
  • Washer and Dryer

Additional Features

  • 10,019 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $109,800

Community Details

Overview

  • 3,290 Sq Ft Building

Building Details

  • 3 Leased Units
  • Gardener Expense $100
  • Insurance Expense $2,500
  • Maintenance Expense $100
  • Manager Expense $500
  • Operating Expense $13,988
  • Gross Income $106,506

Property Details

Home Type

Multi-Family

Year Built

1920

Lot Details

0

Parking

3

Listing Details

  • Zoning: R-4
  • Subclass: Fourplex
  • Age: 95
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3290
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1920

Interior Features

  • Kitchen: Countertop - Granite
  • Living Sq Ft: 3290
  • Stories: 2
  • Security: Video / Audio System
  • Laundry: Washer / Dryer
  • Flooring: Laminate

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 7
  • Garage Parking Features: Common Parking Area, Off-Street Parking

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Acres: 0.2300
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10000.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 13.62
  • Number Of Leased: 3

Multi Family

  • Expense Insurance: 2500
  • Expense Landscape: 100
  • Expense Maintenance: 100
  • Expense Management: 500
  • Expenses Total: 13988
  • Income Annual Gross: 106506.00
  • Income Annual Rental: 109800
  • Income Gross Scheduled: 109800
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Other, Separate Water
  • Number Of Buildings: 3
  • Operating Expenses Include: Fee - Property Tax, Insurance, Vacancy Factor
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 3

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
06/30/2015 06/30/15 Sold $1,750,000 +17.1% $532 / Sq Ft
05/31/2015 05/31/15 Pending -- -- --
05/22/2015 05/22/15 For Sale $1,495,000 -- $454 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81466579

MLSListings

APN: 053-305-100