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208 2nd Avenue

Redwood City, CA 94063
  • $2,350,000
  • STATUS: Active
  • ON SITE: 25 Days
  • ID#: ML81940142
$2,350,000
  • 0
    BEDS
  • 0.24
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,156
    SQFT
  • $565
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1950
County:

School Ratings & Info

School District:
Listing Agent(s): Arthur Lin of Aest Realty (408-865-1972)


Description

Great 4-plex for investor or owner occupied. The seller owns this property over 8 years. All tenants are all long-term. All 4 units are 2 bedrooms and 1 bathroom with similar floor plans. The 4 garages were converted to living space by the previous owner with permit status unknown. The rents are $12,535 per month and the annual rental income is over $150K.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-24T00:28:43.64. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Romero Home Team | eXp Realty. Licensed in the State of California, USA.
www.romerohometeam.com/homes/142899880
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208 2nd Avenue Redwood City, CA 94063

  • Price: $2,350,000
  • Status: Active
  • On Site: 25 Days
  • ID#: ML81940142
0
Beds
0
Baths
0
½ Baths
0.24
Acres
4,156
SQFT
$565
$/SQFT
1950
Built
Neighborhood:
699 - Not Defined
County:
San Mateo
Area:
699 - Not Defined
School District:
Other
Property Description
Great 4-plex for investor or owner occupied. The seller owns this property over 8 years. All tenants are all long-term. All 4 units are 2 bedrooms and 1 bathroom with similar floor plans. The 4 garages were converted to living space by the previous owner with permit status unknown. The rents are $12,535 per month and the annual rental income is over $150K.
Exterior Features

Carport Spaces 0 Parking Features Other Parking Total 6 Roof Composition View YN No

Interior Features

Accessibility Features Other Cooling YN Yes Heating YN Yes

Property Features

Association YN No Cap Rate 4.87 Garage YN No Gross Scheduled Income 150420 Insurance Expense 2000 Listing Agreement Exclusive Right To Sell Maintenance Expense 5000 Other Expense 0 Property Sub Type Quadruplex Special Listing Conditions Standard Tax Annual Amount 8000 Trash Expense 1500 Utilities Other Water Source Public Zoning R300s5



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-24T00:28:43.64. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Romero Home Team | eXp Realty. Licensed in the State of California, USA.
 
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Romero Home Team | eXp Realty
865 Aerovista Pl, Suite 120
San Luis Obispo CA, 93401
Listing Agent(s): Arthur Lin of Aest Realty (408-865-1972)