1029 Redwood AVE, Redwood City, CA 94061 - MLS#425079879

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Eric Boyenga

e@boyenga.com +1(408) 506-3942

Listed by Jaime E Peraza Century 21 Baldini Realty

$ 1,595,000

Est. payment | -/mo

4 Beds

2 Baths

2,548 SqFt

Save

$ 1,595,000

Est. payment | -/mo

Save

4 Beds

2 Baths

2,548 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

Square Footage 2,548 sqft

Price per Sqft $625

MLS Listing ID 425079879

Style Ranch

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1955

Lot Size 7,061 Sqft

Acres 0.1621

Property Sub-Type Duplex

Property Description

Improved asking price! Take advantage now. Welcome to the Palm Park neighborhood in Redwood City, where you can own your first income property or expand your existing portfolio. Additionally, you can live in one unit while managing the other. Become both a homeowner and a landlord at the same time! This property offers strong lifestyle and investment potential in Redwood City. The versatile property features two spacious units with two bedrooms, one bathroom, and an attached one-car garage. The units share a long driveway; each garage has a washer, dryer, and additional storage space. The property is separately metered for water, gas, and electricity, making it an ideal choice for owner-occupants seeking to offset their mortgage with rental income or investors looking for a high-performing asset. This property has a proven track record of rental success. It is just steps from Red Morton Park and minutes from shopping, schools, and downtown amenities. It is in one of the Peninsula's most stable investment neighborhoods.

Location

State CA

County San Mateo

Area Redwood City

Interior

Heating Wall Furnace

Cooling Ceiling Fan(s)

Flooring Simulated Wood, Vinyl, Other

Fireplace No

Window Features Double Pane Windows,Screens

Appliance Free-Standing Gas Range, Free-Standing Refrigerator, Gas Water Heater

Laundry In Unit, Washer/Dryer Hookups

Exterior

Garage Spaces 2.0

Utilities Available City, Sewer Available

Roof Type Composition,Shingle

Total Parking Spaces 2

Building

Lot Description Sidewalk

Story 1

Foundation Concrete Perimeter

Sewer Public Sewer

Water Separate Meter, Public, Water District

Architectural Style Ranch

New Construction Yes

Schools

School District San Mateo Coe

Others

Tax ID 059034030

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

+1(408) 506-3942

e@boyenga.com

167 S. San Antonio Road, Altos, CA

1029 Redwood AVE Redwood City, CA 94061