2483 Middlefield Road

Redwood City, CA 94063

$5,650,000
Price
Beds
13,302 Sq. Ft.
$425 / Sq. Ft.
13,302
Sq. Ft.
$425
per Sq. Ft.

Description

2483 Middlefield Road, a well located 15-unit apartment community in thriving Redwood City, California. Situated on 0.25 Acre parcel of land, the subject property was originally constructed in 1964 and has a gross building area of approximately 13,302 square feet. The unit mix consists of all one-bedroom one-bathroom floorplans. Tenants have access to such amenities as covered parking and on-site laundry facilities. Located in Redwood City, California, 2483 Middlefield Road presents an uncommon opportunity...

Property Details for 2483 Middlefield Road

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

Location

Listing Courtesy of Compass, Vicky Costantini, DRE #01498092; Marcus & Millichap, Robert Johnston, DRE #01853816

Listing Agents

  1. Vicky Costantini

    Alternative Listing Agent

    Compass

    DRE #01498092

Building Information for 2483 Middlefield Road

Stories-Residences-Year Built1964Building Size-Lot Size0.25 AC / 10,890 SF

Payment Calculator

$26,545 per month

30 year fixed, 3.51% Interest

Principal and Interest

$20,322

Property Taxes

$6,223

HOA Dues

$0

Property Information for 2483 Middlefield Road

Features
    Features
  • Living SqFt: 13302
  • Pool: No
  • Security Features: None
  • Special Features: None
    Utilities
  • Cooling: None
  • Heating: Gas
  • Meters: Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Water: Public
    Carport and Parking
  • Carport Min: 15
    Garage
  • Garage Parking Features: Carport
Property Details
    Homeowners Association
  • HOA Amenities: None
  • HOA Exists: 0
    Property Details
  • Min Num Of Units in Complex: 15
  • Area Text: Dumbarton Etc.
  • Restrictions: None
  • Roof: Tar and Gravel
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 2483
  • Street Name: Middlefield
  • Street Suffix: Road
  • Area ID: 330
Lot / Property Details
    Building Information
  • Number of Buildings: 1
  • Structure SqFt: 13302
  • Structure SqFt Source: Assessor
  • Age: 55
    Development Information
  • Zoning Detail: MUN
    Location Information
  • Parcel Number: 054-091-410
  • County Name: San Mateo
  • City Name: REDWOOD CITY
  • City Postal ID: 50
  • Postal Code: 94063
  • Elementary School District: 935
  • High School District Text: Sequoia Union High
    Lot Information
  • Foundation: Concrete Perimeter
  • Lot Acres: .25
  • 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: 15
    General Information
  • Annual Tax Amount: $74,679
  • Capitalization Rate: 3.15
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Rents
  • Vacancy Factor: 0
    Income / Expense Details
  • Expense Insurance: $5,619
  • Expense Landscape: $3,600
  • Expense Maintenance: $7,500
  • Expense Management: $10,585
  • Expense Trash: $6,873
  • Expenses Other: $9,270
  • Expenses Utility: $15,880
  • Expenses Total: $134,006
  • Operating Expenses Include: Fee - Property Management, Insurance, Maintenance, Utilities, Vacancy Factor
  • Gross Rent Multiplier: 18.13
  • Income Annual Gross: $311,700
  • Income Annual Rental: $309,000
  • Income Gross Scheduled: $311,700
  • Income Other: $2,700
    Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 1

Property History for 2483 Middlefield Road

DateEvent & SourcePriceAppreciation
Oct 17, 2019

Listed (Active)

EBRD #ML81772688

$5,650,000
Oct 16, 2019

Listed (Active)

MLSListings #ML81772688

$5,650,000
May 6, 2008

Expired

MLSListings #ML80770713

$2,300,000
DateEvent & SourcePrice
10/17/2019

Listed (Active)

EBRD #ML81772688

$5,650,000
10/16/2019

Listed (Active)

MLSListings #ML81772688

$5,650,000
05/06/2008

Expired

MLSListings #ML80770713

$2,300,000

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

Public Records for 2483 Middlefield Road

Taxable ValueLand$101,506Additions$467,012Total$568,518
Tax Record2018$19,015
Home Facts
Beds15Baths2Finished Sq.Ft.13,302 SqFtStories3Lot Size10,890 SqFtStyleMulti-Family Dwelling (2-4)Year Built1964CountySAN MATEOAPN054091410

Schools near 2483 Middlefield Road

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
Hoover Elementary SchoolPublicK-80.2 mi
4
Rocketship Redwood CityCharterK-50.2 mi
5
KIPP Excelencia Community PreparatoryCharterK-80.2 mi
8
Holy Family School Of St. Francis CenterPrivateK-60.4 mi
NR

Hoover Elementary School

K-8, 0.2 mi, Public

4

Rocketship Redwood City

K-5, 0.2 mi, Charter

5

KIPP Excelencia Community Preparatory

K-8, 0.2 mi, Charter

8

Holy Family School Of St. Francis Center

K-6, 0.4 mi, Private

NR

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.

Property Details for 2483 Middlefield Road

StatusActive
MLS #ML81772688
Year Built1964
DOM132
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Lot Size0.25 AC / 10,890 SF
Taxes$74,679 / year
Condo/Co-op Fees-
HOA Fees-
CountySan Mateo County

Listing Agent

Contact Agent(s)

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

2483 Middlefield Road is a multi-family home for sale in Redwood City, CA 94063. This property was listed for sale on October 16, 2019 by Compass at $5,650,000. Nearby schools include Mckinley Institute Of Technology, North Star Academy and Adelante Spanish Immersion School. 2483 Middlefield Road is a 0-bed, 0-bath, 13,302 sqft multi-family home built in 1964.

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. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Compass, Vicky Costantini, DRE #01498092; Marcus & Millichap, Robert Johnston, DRE #01853816
Based on information from the San Francisco Association of Realtors as of 10/16/2019 07:06 PM, the MLSListings MLS as of 10/16/2019 07:06 PM, or the BAREIS MLS as of 10/16/2019 07:06 PM. MLS data is deemed reliable but is not guaranteed accurate by the MLS. Information is provided for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purposes other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 02/10/2020 04:57 PM