$1,975,000
$2,198,000
10.1%For more information regarding the value of a property, please contact us for a free consultation.
10,402 Sqft Lot
SOLD DATE : 08/21/2023
Key Details
Sold Price $1,975,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81932304
Sold Date 08/21/23
HOA Y/N No
Year Built 1949
Annual Tax Amount $23,828
Lot Size 10,402 Sqft
Property Description
442 Madison Ave is an exceptional 5-unit value add investment opportunity in the thriving city of Redwood City, California. Situated on a 10,400 square foot parcel of land, the subject property was originally constructed in 1949 and has a gross building area of approximately 4,480 square feet. 442 Madison Ave offers its tenants beautifully designed cottage-style two-bedroom, one-bedroom, and studio floor plans with a detached two-bedroom single family home. Tenants enjoy ample parking from two sizable driveways and three single-car garages. The four buildings are also equipped with five separate PG&E meters and three water meters.
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning R-4
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Roof Type Shingle
Total Parking Spaces 6
Building
Water Public
Schools
School District Other
Others
Tax ID 053053180
Financing Cash
Special Listing Condition Standard
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Bought with Cole Simpson • Marcus & Millichap
Real Estate Consultant | License ID: 01971542
+1(562) 595-3264 | karen@iwakoshirealtor.com