1446 Valota Road

Redwood City, CA 94061

$3,588,000
Price
Beds
4,139 Sq. Ft.
$867 / Sq. Ft.
4,139
Sq. Ft.
$867
per Sq. Ft.

Description

1446 Valota Rd is a stunning 5-unit apartment complex located in the thriving city of Redwood City, California. Situated on a 9,500-square-foot parcel of land, the subject property was originally constructed in 1948/2022 and has a gross building area of approximately 4,139 square feet, offering its tenants beautifully designed three-bedroom, two-bedroom and one-bedroom floor plans featuring modern unit amenities. The owner recently completed the construction of three brand-new units, which have their...1446 Valota Rd is a stunning 5-unit apartment complex located in the thriving city of Redwood City, California. Situated on a 9,500-square-foot parcel of land, the subject property was originally constructed in 1948/2022 and has a gross building area of approximately 4,139 square feet, offering its tenants beautifully designed three-bedroom, two-bedroom and one-bedroom floor plans featuring modern unit amenities. The owner recently completed the construction of three brand-new units, which have their own private yards. Select units include granite countertops, stainless steel appliances, updated modern cabinetry, hardwood flooring and updated bathrooms. The subject property is located within walking distance to Woodside Shopping Center and close proximity to the lively Downtown Redwood City, both offering tenants and residents a myriad of high-end shopping, dining, and entertainment options. The Redwood City Caltrain Station, offering Bullet services is also within close proximity and provides an inexpensive, hassle-free commute to major employment and entertainment centers in San Francisco, the Peninsula, and the South Bay. In addition to excellent public transportation options, residents enjoy easy access to U. S. Route 101, Interstate 280, and the Dumbarton Bridge.
  1. Listed by Cole Simpson • DRE #02016525 • Brokerage DRE #01240999 • Marcus & Millichap • 650-888-7696
  2. Listed by Robert Johnston • DRE #01853816 • Brokerage DRE #01240999 • Marcus & Millichap

Property Details for 1446 Valota Road

MLS City Name
REDWOOD CITY
Building Type
Other
Garage Spaces
0
Parking Spaces
0

Location

Listing Courtesy of Marcus & Millichap, Cole Simpson, DRE #02016525; Marcus & Millichap, Robert Johnston, DRE #01853816
Add your commute
LISTING UPDATED: 03/26/2024 12:15 PM

Property Details for 1446 Valota Road

StatusActive
MLS #ML81952935
Days on Compass88
Taxes$39,769 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1948
Lot Size0.23 AC / 9,873 SF
CountySan Mateo County

Location

Listing Courtesy of Marcus & Millichap, Cole Simpson, DRE #02016525; Marcus & Millichap, Robert Johnston, DRE #01853816
Add your commute

Building Information for 1446 Valota Road

Stories-Residences-Year Built1948Building Size-Lot Size0.23 AC / 9,873 SF

Payment Calculator

$22,895 per month

30 year fixed, 7.25% Interest

Principal and Interest

$19,581

Property Taxes

$3,314

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1446 Valota Road

Features
Features
  • Fireplace: No
  • Living SqFt: 4139
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: Ceiling Fan, Central AC, Window / Wall Unit
  • Heating: Central Forced Air, Wall Furnace
  • Meters: Master Electric, Master Gas, Master Water, Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 2
Garage
  • Garage and Parking: Carport, Off-Street Parking
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 5
  • Area Text: Central Park Etc.
  • Restrictions: None
  • Roof: Shingle
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 1446
  • Street Name: Valota
  • Street Suffix: Road
  • Area ID: 333
Lot / Property Details
Building Information
  • Number of Buildings: 2
  • Structure SqFt: 4139
  • Structure SqFt Source: Other
  • Age: 76
Development Information
  • Zoning Detail: R20000
Location Information
  • Parcel Number: 059-214-020
  • County Name: San Mateo
  • City Name: REDWOOD CITY
  • City Postal ID: 50
  • Postal Code: 94061
  • Elementary School District: 935
  • High School District Text: Sequoia Union High
Lot Information
  • Foundation: Wood Frame
  • Lot Acres: .23
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 4
General Information
  • Annual Tax Amount: $39,769
  • Capitalization Rate: 5.41
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water
  • Income Includes: Rents, Other
  • Vacancy Factor: 5
Income / Expense Details
  • Expense Insurance: $3,604
  • Expense Landscape: $1,800
  • Expense Maintenance: $3,750
  • Expense Management: $0
  • Expense Trash: $3,431
  • Expenses Other: $2,350
  • Expenses Utility: $4,500
  • Expenses Total: $59,204
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Exterminator, Maintenance - Repair, Services - Gardener, Services - Trash Removal, Utilities - Water, Other
  • Gross Rent Multiplier: 13.46
  • Income Annual Gross: $253,180
  • Income Annual Rental: $260,160
  • Income Gross Scheduled: $266,505
  • Income Other: $6,345
Unit 1 Information
  • Unit 1 Full Bathrooms: 2
  • Unit 1 Number of Bedrooms: 3
Unit 2 Information
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
Unit 3 Information
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 1

Property History for 1446 Valota Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1446 Valota Road

Taxable ValueLand$1,326,510Additions$338,130Total$1,664,640
Tax Record2023$18,578 ($1,548 / month)
Home Facts
Total Finished SqFt2,150 SqFtAbove Grade Finished SqFt2,150 SqFtStories1Lot Size9,500 SqFtStyleDuplexYear Built1948ZoningR20000CountySAN MATEOAPN059-214-020

Schools near 1446 Valota Road

This home is within Redwood City Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 5 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Henry Ford Elementary School
PublicK to 5

John F. Kennedy Middle School
Public5 to 8

Woodside High School
Public9 to 12

Rocketship Redwood City
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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1446 Valota Road is a multi-family home for sale in Redwood City, CA 94061. This property was listed for sale on January 31, 2024 by Marcus & Millichap, it's currently listed at $3,588,000. It has been on the market for a total of 88 days and was last sold on May 13, 2021. This listing's school districts are Redwood City Elementary School District, Sequoia Union High School District. Nearby schools include Henry Ford Elementary School, John F. Kennedy Middle School and Woodside High School. 1446 Valota Road is a 0-bed, 0-bath, 4,139 sqft multi-family home built in 1948.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap, Cole Simpson, DRE #02016525; Marcus & Millichap, Robert Johnston, DRE #01853816

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.