1029 Redwood AVE Open House Save Request In-Person Tour Request Virtual Tour
Redwood City,CA 94061
OPEN HOUSE
Sat Oct 11, 2:00pm - 4:00pm Sun Oct 12, 2:00pm - 4:00pm Thu Oct 16, 5:00pm - 7:00pm Sat Oct 18, 2:00pm - 4:00pm Sun Oct 19, 2:00pm - 4:00pm
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,548 sqft
Price per Sqft $665
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
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 ideal for owner-occupants who want to offset their mortgage with rental income or investors seeking a high-performing asset. This property has a proven rental history. 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
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