1620 Hess Road

Redwood City, CA 94061

$2,395,000
Last Sold Price
Beds
5,694 Sq. Ft.
$421 / Sq. Ft.
5,694
Sq. Ft.
$421
per Sq. Ft.

Description

6-unit multifamily apartment building in the highly desirable area of Redwood City. Constructed in 1959, the property consists of (1) spacious two-bedroom / one-bath unit with approx. 984 SF and (5) one-bed / one-bath units with a square footage range between 584 SF to 681 SF. Per the County Assessors office the total square feet of the building is 5,694 and a lot size of 6,500 square feet. Large open deck for all the tenants to BBQ and/or lounging. The property is located near Facebook and Redwood...6-unit multifamily apartment building in the highly desirable area of Redwood City. Constructed in 1959, the property consists of (1) spacious two-bedroom / one-bath unit with approx. 984 SF and (5) one-bed / one-bath units with a square footage range between 584 SF to 681 SF. Per the County Assessors office the total square feet of the building is 5,694 and a lot size of 6,500 square feet. Large open deck for all the tenants to BBQ and/or lounging. The property is located near Facebook and Redwood City Stanford Campus and less than a mile to downtown Redwood City with a variety of Restaurants, Bars, Entertainment, and the Train Depot. Easy access to Highways 101 and 280. Improvements made in the first quarter of 2020 New roof installed New seamless gutters and downspouts throughout the building New banisters and rails to be compliant to todays codes New seismic shut off valves for every gas meter All new sub panels in each unit
  1. Listed by Jack Hirsch • DRE #01243560 • Realty World-Hirsch & Assoc.

Property Details for 1620 Hess Road

MLS City Name
REDWOOD CITY
Building Type
Other
Garage Spaces
1
Parking Spaces
0
Cross Street
Woodside Road

Location

Listing Courtesy of Realty World-Hirsch & Assoc., Jack Hirsch, DRE #01243560

Sold By Terrace Associates, Larry Aikins, DRE #01199877

Add your commute
LISTING UPDATED: 01/14/2021 01:42 PM

Property Details for 1620 Hess Road

StatusSold
MLS #ML81799080
Days on Compass92
Taxes$27,445 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCOMM RI MULTI-UNITS 5+ / Other
Year Built1959
Lot Size0.15 AC / 6,500 SF
CountySan Mateo County

Location

Listing Courtesy of Realty World-Hirsch & Assoc., Jack Hirsch, DRE #01243560

Sold By Terrace Associates, Larry Aikins, DRE #01199877

Add your commute

Building Information for 1620 Hess Road

Stories-Residences-Year Built1959Building Size-Lot Size0.15 AC / 6,500 SF

Payment Calculator

$15,358 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,070

Property Taxes

$2,287

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1620 Hess Road

Features
Room Information
  • Kitchen: Oven Range - Electric, Refrigerator
Features
  • Fireplace: No
  • Laundry: Coin Operated
  • Living SqFt: 5694
  • Pool: No
  • Security Features: None
  • Special Features: Parking
Utilities
  • Cooling: None
  • Heating: Wall Furnace
  • Meters: Master Water, Separate Common Area, Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 5
Property Details
Homeowners Association
  • HOA Exists: 0
Property Details
  • Min Num Of Units in Complex: 6
  • Area Text: Central Park Etc.
  • Restrictions: None
  • Roof: Composition
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 1620
  • Street Name: Hess
  • Street Suffix: Road
  • Area ID: 333
Lot / Property Details
Building Information
  • Number of Buildings: 1
  • Structure SqFt: 5694
  • Structure SqFt Source: Assessor
  • Age: 61
Development Information
  • Construction Type: Wood Frame
  • Ownership Type: Individual
  • Zoning Detail: APTS/CG-R
Location Information
  • City Limits: Yes
  • Incorporated: No
  • Parcel Number: 053-293-190
  • 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 Slab
  • Lot Acres: .15
  • 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
Building Information
  • No Of Leased: 6
General Information
  • Annual Tax Amount: $27,445
  • Capitalization Rate: 3.80
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Laundry
  • Vacancy Factor: 5
Income / Expense Details
  • Expense Insurance: $2,500
  • Expense Landscape: $775
  • Expense Maintenance: $2,000
  • Expense Management: $0
  • Expense Trash: $651
  • Expenses Other: $1,235
  • Expenses Utility: $14,523
  • Expenses Total: $49,129
  • Operating Expenses Include: Equipment/Fixture Rental, Fee - License/Advertising, Fee - Property Tax, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Water
  • Gross Rent Multiplier: 16.48
  • Income Annual Gross: $143,868
  • Income Annual Rental: $149,640
  • Income Gross Scheduled: $151,440
  • Income Other: $1,800
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 1
Unit 2 Information
  • Unit 2 Approx Square Footage: 984
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
Unit Type 1
  • Unit Type1 Approx SqFt: 600

Property History for 1620 Hess 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 1620 Hess Road

Taxable ValueLand$1,508,578Additions$983,176Total$2,491,754
Tax Record2023$27,783 ($2,315 / month)
Home Facts
Baths6.5Total Finished SqFt5,694 SqFtAbove Grade Finished SqFt5,694 SqFtStories2Lot Size6,500 SqFtStyleMulti-Family Res (5+ Units)Year Built1959CountySAN MATEOAPN053-293-190

Schools near 1620 Hess 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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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 Realty World-Hirsch & Assoc., Jack Hirsch, DRE #01243560

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.