28 Birch Street

Redwood City, CA 94062

$6,200,000
Price
Beds
15,105 Sq. Ft.
$410 / Sq. Ft.
15,105
Sq. Ft.
$410
per Sq. Ft.

Description

Discover an exceptional investment opportunity at 28 Birch Street, nestled within Redwood City's esteemed west-of-El-Camino Mt. Carmel neighborhood. This meticulously maintained property boasts 14 units, including 12 1-bed, 1-bath apartments and 2 spacious 2-bed, 2-bath units, all situated on a sprawling 9,100 sq. ft. lot, within walking distance to vibrant downtown Redwood City. Showcasing pride of ownership, this property features mostly refreshed interiors, in addition to new electrical panels...Discover an exceptional investment opportunity at 28 Birch Street, nestled within Redwood City's esteemed west-of-El-Camino Mt. Carmel neighborhood. This meticulously maintained property boasts 14 units, including 12 1-bed, 1-bath apartments and 2 spacious 2-bed, 2-bath units, all situated on a sprawling 9,100 sq. ft. lot, within walking distance to vibrant downtown Redwood City. Showcasing pride of ownership, this property features mostly refreshed interiors, in addition to new electrical panels in each unit and a new roof enhancing its appeal and reliability. Perfectly situated within walking distance to downtown Redwood City and its array of amenities, residents enjoy easy access to major tech titans such as Oracle, Google, Meta, EA Inc, Visa, Box, and more! With Stanford University and its medical center just minutes away, this area provides abundant job opportunities for tenants. Walking distance to Caltrain ensures seamless commuting and enjoyment to San Francisco and San Jose, making this property a prime investment opportunity. Don't miss out inquire now for a comprehensive marketing package.
  1. Listed by Alicia Nardini • DRE #01701961 • Brokerage DRE #02014153 • NuTerra Real Estate Group • 650-771-2579

Property Details for 28 Birch Street

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

Location

Listing Courtesy of NuTerra Real Estate Group, Alicia Nardini, DRE #01701961
Add your commute
LISTING UPDATED: 04/30/2024 12:19 PM

Property Details for 28 Birch Street

StatusActive
MLS #ML81963161
Days on Compass10
Taxes$62,000 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1959
Lot Size0.21 AC / 9,100 SF
CountySan Mateo County

Location

Listing Courtesy of NuTerra Real Estate Group, Alicia Nardini, DRE #01701961
Add your commute

Building Information for 28 Birch Street

Stories-Residences-Year Built1959Building Size-Lot Size0.21 AC / 9,100 SF

Payment Calculator

$39,003 per month

30 year fixed, 7.25% Interest

Principal and Interest

$33,836

Property Taxes

$5,167

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 28 Birch Street

Features
Features
  • Fireplace: No
  • Living SqFt: 15105
  • Pool: No
  • Security Features: Other
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Wall Furnace
  • Meters: Master Water, Separate Common Area, Separate Electric
  • Sewer Septic: Sewer - Public
  • Utilities: Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 14
Garage
  • Garage and Parking: Assigned Spaces, Carport
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 14
  • Area Text: High School Acres Etc.
  • Restrictions: None
  • Roof: Tar and Gravel
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 28
  • Street Name: Birch
  • Street Suffix: Street
  • Area ID: 334
Lot / Property Details
Building Information
  • Number of Buildings: 1
  • Structure SqFt: 15105
  • Structure SqFt Source: Assessor
  • Age: 65
Development Information
  • Zoning Detail: R5
Location Information
  • Parcel Number: 052-183-040
  • County Name: San Mateo
  • City Name: REDWOOD CITY
  • City Postal ID: 50
  • Postal Code: 94062
  • Elementary School District: 935
  • High School District Text: Sequoia Union High
Lot Information
  • Foundation: Pillars / Posts / Piers
  • Lot Acres: .21
  • 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: 9
General Information
  • Annual Tax Amount: $62,000
  • Capitalization Rate: 4.44
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Coin Operated Equip, Laundry
  • Vacancy Factor: 5
Income / Expense Details
  • Expense Insurance: $13,365
  • Expense Landscape: $1,920
  • Expense Maintenance: $1,668
  • Expense Management: $0
  • Expense Trash: $5,976
  • Expenses Other: $2,843
  • Expenses Utility: $26,490
  • Expenses Total: $114,262
  • Operating Expenses Include: Services - Sewer, Services - Trash Removal, Utilities - Water
  • Gross Rent Multiplier: 15.13
  • Income Annual Gross: $389,253
  • Income Annual Rental: $406,140
  • Income Gross Scheduled: $409,740
  • Income Other: $3,600
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 1
  • Unit 1 Rent: $2,100
Unit 2 Information
  • Unit 2 Approx Square Footage: 1108
  • Unit 2 Full Bathrooms: 2
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $3,000
Unit Type 1
  • Unit Type1 Approx SqFt: 610

Property History for 28 Birch 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 28 Birch Street

Taxable ValueLand$114,109Additions$515,542Total$629,651
Tax Record2023$7,134 ($595 / month)
Home Facts
Baths2Total Finished SqFt15,105 SqFtAbove Grade Finished SqFt15,105 SqFtStories3Lot Size9,100 SqFtStyleMulti-Family Res (5+ Units)Year Built1959CountySAN MATEOAPN052-183-040

Schools near 28 Birch Street

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

John F. Kennedy Middle School
Public5 to 8

Sequoia High School
Public9 to 12

Redwood High School
Public9 to 12

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.

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28 Birch Street is a multi-family home for sale in Redwood City, CA 94062. This property was listed for sale on April 26, 2024 by NuTerra Real Estate Group, it's currently listed at $6,200,000. This listing's school districts are Redwood City Elementary School District, Sequoia Union High School District. Nearby schools include Clifford Elementary School, John F. Kennedy Middle School and Sequoia High School. 28 Birch Street is a 0-bed, 0-bath, 15,105 sqft multi-family home built in 1959.

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 NuTerra Real Estate Group, Alicia Nardini, DRE #01701961

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.