$1,445,000

Estimated payment $9,797/month

Total Views 3,274
4 Beds
4 Baths
2,476 Sq Ft
$584 Price per Sq Ft

About This Home

Introducing 301 Pacific Ave., an incredibly clean and well performing 4 unit property. All four units have been renovated. Strong in-place RUBS. In close proximity to all the dining, shopping & entertainment amenities of Downtown Redwood City. Strategically located between San Francisco and San Jose, Redwood City continues to be one of the most dynamic and rapidly growing cities on the mid-Peninsula. The area has experienced significant expansion, with an influx of major technology companies and a thriving downtown core. In recent years, downtown Redwood City has undergone a significant transformation, solidifying its status as a premier destination for businesses, residents, and visitors. Easy access to highways 84, 280, 101. Can be purchased with neighboring property: 307 Pacific Ave.

Listing Agent

Steve Zirelli

Cornish & Carey Commercial License #01929245 Listed on: 07/07/2025

Co-Listing Agent

Matthew Thomson

Compass License #01471708

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,081

Year Built

  • 1961

Home Design

  • Quadruplex
  • Slab Foundation

Interior Spaces

  • 2,476 Sq Ft Home
  • 2-Story Property

Parking

  • 3 Parking Spaces
  • Uncovered Parking

Additional Features

  • 3,751 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $480
  • Insurance Expense $3,981
  • Maintenance Expense $3,000
  • Utility Expense $3,815
  • Operating Expense $33,739
  • Gross Income $99,335

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,081

Year Built

1961

Lot Details

0

Listing Details

  • Zoning: R300S5
  • Subclass: Fourplex
  • Age: 64
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2476
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1961

Interior Features

  • Living Sq Ft: 2476
  • Stories: 2

Exterior Features

  • Foundation: Concrete Slab

Garage/Parking

  • Parking Spaces: 3
  • Garage Parking Features: Uncovered Parking

Utilities

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

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Acres: 0.0861
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3750.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3750.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 14.11
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 3981
  • Expense Landscape: 480
  • Expense Maintenance: 3000
  • Expenses Total: 33739
  • Expenses Utility: 3815
  • Income Annual Gross: 99335.00
  • Income Annual Rental: 97800
  • Income Gross Scheduled: 102407
  • Income Other: 4607
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance
  • 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

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 $23,081 $1,531,101 $1,093,645 $437,456
2023 $23,081 $1,471,648 $1,051,178 $420,470
2022 $21,476 $1,442,793 $1,030,567 $412,226
2021 $21,204 $1,414,504 $1,010,360 $404,144
2020 $20,876 $1,400,000 $1,000,000 $400,000
2019 $10,966 $500,740 $250,370 $250,370
2018 $10,402 $490,922 $245,461 $245,461
2017 $9,592 $481,298 $240,649 $240,649
2016 $9,181 $471,862 $235,931 $235,931
2015 $8,829 $464,776 $232,388 $232,388
2014 $8,611 $455,672 $227,836 $227,836
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2025 07/07/25 For Sale $1,445,000 -- $584 / Sq Ft
Source: MLSListings

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,400,000 First American Title Company
Grant Deed $1,400,000 First American Title Company
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $436,000 None Available
Trustee Deed $447,750 Landsafe Title
Interfamily Deed Transfer -- Fidelity National Title
Gift Deed -- Fidelity National Title Co
Grant Deed $360,000 Fidelity National Title Co
Grant Deed $315,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 New Conventional
Previous Owner $805,800 Adjustable Rate Mortgage/ARM
Previous Owner $310,500 New Conventional
Previous Owner $326,812 New Conventional
Previous Owner $650,000 Negative Amortization
Previous Owner $50,000 New Conventional
Previous Owner $288,000 No Value Available
Previous Owner $10,000 Unknown
Previous Owner $267,750 No Value Available
Source: Public Records

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Source: MLSListings

MLS Number: ML82013544

MLSListings

APN: 054-211-230