1584 Regent Street

Redwood City, CA 94061

$2,770,000
Last Sold Price
Beds
7,551 Sq. Ft.
$367 / Sq. Ft.
7,551
Sq. Ft.
$367
per Sq. Ft.

Description

Price reduction! Prime 6 Unit Apartment Building in Excellent Westside Location. The building sits on a 9,570 SF Lot with 7,551 SF of rentable space. The complex benefits from an outstanding unit mix of (6) Oversized Two-Bedroom/ One-Bath Units. The property has dual pane windows throughout the entire building and an on-site Laundry Facility. The two ground-floor units offer tenants large private yards and two 2nd floor units have private balconies. 5 of the 6 units have dishwashers. 8 tuckunder...Price reduction! Prime 6 Unit Apartment Building in Excellent Westside Location. The building sits on a 9,570 SF Lot with 7,551 SF of rentable space. The complex benefits from an outstanding unit mix of (6) Oversized Two-Bedroom/ One-Bath Units. The property has dual pane windows throughout the entire building and an on-site Laundry Facility. The two ground-floor units offer tenants large private yards and two 2nd floor units have private balconies. 5 of the 6 units have dishwashers. 8 tuckunder parking spaces. Regent is an attractive and quiet cul-de-sac street layered with other pride of ownership buildings ideal for Class A tenants. Can be purchased together with 8 Units located at 645 Elm Street in Redwood City.
  1. Listed by Matthew Thomson • DRE #01471708 • Brokerage DRE #00586119 • Newmark Cornish & Carey • 650-515-6555
  2. Listed by Steve Zirelli • DRE #01929245 • Brokerage DRE #00586119 • Cornish & Carey Commercial

Property Details for 1584 Regent Street

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

Location

Listing Courtesy of Newmark Cornish & Carey, Matthew Thomson, DRE #01471708; Cornish & Carey Commercial, Steve Zirelli, DRE #01929245

Sold By Own Real Estate, Kit Albert, DRE #01050651

Add your commute
LISTING UPDATED: 05/31/2023 11:05 AM

Property Details for 1584 Regent Street

StatusSold
MLS #ML81912508
Days on Compass52
Taxes$32,421 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1963
Lot Size0.22 AC / 9,570 SF
CountySan Mateo County

Location

Listing Courtesy of Newmark Cornish & Carey, Matthew Thomson, DRE #01471708; Cornish & Carey Commercial, Steve Zirelli, DRE #01929245

Sold By Own Real Estate, Kit Albert, DRE #01050651

Add your commute

Building Information for 1584 Regent Street

Stories-Residences-Year Built1963Building Size-Lot Size0.22 AC / 9,570 SF

Payment Calculator

$17,819 per month

30 year fixed, 7.25% Interest

Principal and Interest

$15,117

Property Taxes

$2,702

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1584 Regent Street

Features
Features
  • Fireplace: No
  • Flooring: Tile, Vinyl / Linoleum
  • Living SqFt: 7551
  • Pool: No
  • Security Features: Other
  • Special Features: Bathroom Features, Kitchen Features, Parking
Utilities
  • Cooling: None
  • Heating: Gas, Wall Furnace
  • Meters: Master Water, Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public, Sewer Connected
  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Water: Individual Water Meter, Public
Carport and Parking
  • Carport Min: 8
Garage
  • Garage and Parking: Carport
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 6
  • Area Text: Central Park Etc.
  • Restrictions: None
  • Roof: Bitumen
  • Stories: 0.0
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 1584
  • Street Name: Regent
  • Street Suffix: Street
  • Area ID: 333
Lot / Property Details
Building Information
  • Number of Buildings: 1
  • Structure SqFt: 7551
  • Structure SqFt Source: Assessor
  • Age: 59
Development Information
  • Construction Type: Wood Frame
  • Zoning Detail: Multifamily
Location Information
  • Parcel Number: 059-082-330
  • 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: Concrete Perimeter
  • Lot Acres: .22
  • Lot Description: Grade - Level
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
General Information
  • Annual Tax Amount: $32,421
  • Capitalization Rate: 4.68
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Laundry, Rents
  • Vacancy Factor: 3
Income / Expense Details
  • Expense Insurance: $3,020
  • Expense Landscape: $2,180
  • Expense Maintenance: $4,500
  • Expense Management: $0
  • Expense Trash: $11,945
  • Expenses Other: $1,500
  • Expenses Utility: $3,297
  • Expenses Total: $58,863
  • Operating Expenses Include: Fee - Property Tax, Insurance, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities - Water
  • Gross Rent Multiplier: 14.60
  • Income Annual Gross: $198,928
  • Income Annual Rental: $203,400
  • Income Gross Scheduled: $205,080
  • Income Other: $1,680
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $2,275
  • Unit 1 Type: Apartment
Unit 2 Information
  • Unit 2 Rent: $0
Unit 3 Information
  • Unit 3 Rent: $0
Unit 4 Information
  • Unit 4 Rent: $0
Unit Type 1
  • Unit Type1 Units Total: 6
Listing Info
Rental Info
  • Lease Type: Net

Property History for 1584 Regent Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1584 Regent Street

Taxable ValueLand$917,529Additions$591,565Total$1,509,094
Tax Record2023$16,892 ($1,408 / month)
Home Facts
Baths6Total Finished SqFt7,551 SqFtAbove Grade Finished SqFt7,551 SqFtStories2Lot Size9,570 SqFtStyleMulti-Family Res (5+ Units)Year Built1963CountySAN MATEOAPN059-082-330

Schools near 1584 Regent Street

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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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 Newmark Cornish & Carey, Matthew Thomson, DRE #01471708; Cornish & Carey Commercial, Steve Zirelli, DRE #01929245

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.