49 Oak Avenue Redwood City, CA 94061

$1,999,000
49 Oak Avenue, Redwood City, CA 94061
ML81713513

Multi-Family Home for sale in Redwood City, CA

for $1,999,000. This 1,903 square foot home was built in 1923 on a lot size of 0.22 Acre(s).

Property Information

  • $1,999,000
  • Multi-Family
  • 1,903 Square Feet
  • Taxes are $6,500
  • Triplex
  • Active
  • Lot size of 0.22 Acre(s)
  • Built in 1923
  • Redwood City, CA
  • Palm Park Neighborhood
  • San Mateo County
  • MLS/Web ID is ML81713513
  • Price Reduced

Description

Welcome to 49 Oak Avenue in prosperous Redwood City. This great investment opportunity is located close to downtown, transportation, dining and entertainment. It has had 100% occupancy rate for the past 18 years. The front 2bd/1ba house was remodeled in December of 2015 with country kitchen appliances and carpentry, new carpets, paint and linoleum throughout. The bathroom has a quaint deep claw foot tub that's great for soaking in. The sun room/kitchen-dining room looks out over a well shaded patio, great for bar-b-ques. The back units are 1bd/1ba with attached garages. Each has their own yard and laundry hook up. There are four one car garages with loft/attic storage and extra parking for each unit. Roofs are approx five years old. Great Investment Opportunity. Zoned R-4. Check with the City. +/-9500 sq ft lot.

Interior 4

Appliances

  • Sump Pump

Flooring

  • Wall-to-Wall Carpet

Heating System

  • Gas Heater

Sewer

  • Public Sewer

Exterior 1

Roof

  • Composition

Miscellaneous 4

Documents

  • Other

Maintenance Fee Includes

  • Gas

Possession

  • Other

View

  • City View

Rental 1

Landlord Pays

  • Trash/Garbage Pickup

† Excluded Feature

Listed By

Listing Agent: Jayne Williams
Broker: ALAIN PINEL REALTORS

49 Oak Avenue, Redwood City, CA, 94061 is a Multi-Family Home for sale at $1,999,000 with 1,903 sqft and a lot size of 0.22 Acre(s). 49 Oak Avenue has 0.0 baths and was built in 1923. The property's zip code is 94061 which is in Redwood City, CA

Get an Immediate Callback from 9:00 AM - 10:30 PM EST
or Call us at 1-800-839-1363

Pricing History

Date Price Price Change Description
9/15/2018 $1,999,000 -7.45 % Price Change
8/11/2018 $2,160,000 -12.20 % Price Change
7/9/2018 $2,460,000 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Redwood City $1,714,686 14 % below $1,549,000 23 % below
Multi-family listings in Redwood City $2,441,462 22 % above $1,498,000 25 % below

Get the facts about Redwood City, CA!

Population 80,734
Population Growth (since 2000) 7 %
Median Income $83,523
Median Age 38.33
Households w/ Children 34 %

Residential Dwellings

  • Owned 15058
  • Vacant 1166
  • Rented 14346

Similar Listings

Get an Immediate Callback from 9:00 AM - 10:30 PM EST
or Call us at 1-800-839-1363