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49 Oak Avenue, Redwood City, CA 94061
--
bed
--
bath
2600
ft2
· 9500
ft2 lot
$1,900,000
$731 / ft2
Listing provided courtesy of Prashant Vanka, Keller Williams Realty - Cuper.
Source CRMLS.
49 Oak Avenue is a newly remodeled triplex in prosperous Redwood City. This great investment opportunity is located close to downtown, transportation, dining and entertainment. The front 3bd/2ba house was remodeled in 2020 with brand new kitchen appliances, granite countertops, and bathroom sinks, and hardware. Its interiors are also freshly painted, with bespoke cabinets and shelves found in almost every room for easy storage. This home comes with its own 2-car garage, in-unit washer and dryer, and access to a shared backyard. 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. Great Investment Opportunity. Please verify zoning with the City. +/-9500 sq ft lot.
HOA
$—/month
On market
10 months
Year built
1903
Property type
Multi-Family
Parking
4
MLS
ML81796566
Price / Sq.Ft.
$731 / ft2
Status
Active
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Property Details
Interior Features & Layout
Heating & Cooling
•   
Has Heating
•   
Heating Details: Forced Air
•   
Cooling Details: Central Air
Rooms Info
•   
Average3 Bed Area: 700
•   
Average2 Bed Area: 700
•   
Average1 Bed Area: 1200
Flooring
•   
Flooring: Wood
Appliances
•   
Security Features: Fire and Smoke Detection System
Interior Size
•   
Building Area Total: 2600.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Parking Available: 1
•   
Parking Features: Assigned, Detached Carport
•   
Garage Spaces: 4.00
•   
Carport Spaces: 0.00
Lot Info
•   
Zoning: R40000
•   
Lot Features: Back Yard
•   
Lot Size Source: Assessor
•   
Lot Size Area: 9500.0000
•   
Lot Size Units: Square Feet
Community Info
•   
Number Of Buildings: 3
•   
Total Units: 3
Building Info
•   
Roof: Composition
•   
Foundation Details: Raised
•   
Stories Total: 1
Listing Details, Costs & Financing Information
Financial Info
•   
Maintenance Expense: 1500.00
•   
Cap Rate: 5.40
•   
Trash Expense: 600.00
•   
Insurance Expense: 2000.00
•   
Professional Management Expense: 0.00
•   
Gross Scheduled Income: 127200.00
•   
Gross Multiplier: 14.94
Tax/Assessment Info
•   
Tax Year: 2020
•   
Taxes: 16821.0
Listing Info
•   
Status: Active
Other
Calculation
•   
Dom: 68
•   
Cdom: 68
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: Apr 18, 2021 5:52pm
Neighborhood snapshot
80
Properties for sale
12
Median days on market
$1000.00
Median sold price/sqft
103.05%
Sold/List %
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Property History
08/20/2020
08/20/2020
CRMLS #ML81796566
active
CRMLS #ML81796566
$1,900,000
--3.80%
08/09/2020
08/09/2020
CRMLS #ML81796566
active
CRMLS #ML81796566
$1,975,000
--5.95%
06/13/2020
06/13/2020
CRMLS #ML81796566
active
CRMLS #ML81796566
$2,100,000
--14.63%
07/08/2018
07/08/2018
EBRD/CCAR/Bay East #ML81713513
active
EBRD/CCAR/Bay East #ML81713513
$2,460,000
+13.89%
07/08/2018
07/08/2018
EBRD/CCAR/Bay East #ML81713513
active
EBRD/CCAR/Bay East #ML81713513
$2,160,000
+8.05%
See more property history
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