35 Atherwood Avenue
35 Atherwood Avenue
$1,749,000
—
5,017
5,017
$349
Pending
Virtual Tour
Description
This rare Redwood City 6-Unit apartment building in the coveted Redwood Oaks neighborhood could be the perfect investment with upside for discerning buyers. 35 Atherwood Avenue, which consists of one 2BD/1BA and five 1BD/1BAs, will be delivered with four of the six units rented at close, and two units (both 1BD/1BAs) vacant and ready for the next owners to obtain market rate rents. Per the public tax records, the property measures 5,017 Sq Ft on the interior, and is nicely situated on a 6,955 Sq...This rare Redwood City 6-Unit apartment building in the coveted Redwood Oaks neighborhood could be the perfect investment with upside for discerning buyers. 35 Atherwood Avenue, which consists of one 2BD/1BA and five 1BD/1BAs, will be delivered with four of the six units rented at close, and two units (both 1BD/1BAs) vacant and ready for the next owners to obtain market rate rents. Per the public tax records, the property measures 5,017 Sq Ft on the interior, and is nicely situated on a 6,955 Sq Ft lot with ample parking onsite and a coin-op laundry facility. Held by long-term family owners for many years, the building has a projected gross annual income in the $144,000 range with a current CAP rate in the 5.5% range. Located close to local schools, parks, shopping, dining, markets and easy freeway access, 35 Atherwood should provide an attractive tenant offering and investment for years to come. Don't miss the opportunity to add this unique opportunity to your portfolio!
- Listed by Andrew de Vries • DRE #01368031 • Brokerage DRE #00754415 • Berkshire Hathaway-Franciscan
Property Details for 35 Atherwood Avenue
Directions to Property
Take Woodside Road to Atherwood
Parking FeaturesAttached, Off Street
Architectural StyleTraditional
Cross StreetParkwood
Total Parking Spaces6
Location
LISTING UPDATED: 06/08/2024 08:26 AM
Property Details for 35 Atherwood Avenue
Status | Pending |
---|---|
MLS # | 424035113 |
Days on Compass | 15 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / 5 or More Units |
Year Built | 1957 |
Lot Size | 0.16 AC / 6,956 SF |
County | San Mateo County |
Location
Virtual Tour
Building Information for 35 Atherwood Avenue
Stories2Residences6Year Built1957Building Size-Lot Size0.16 AC / 6,956 SF
Payment Calculator
$10,462 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 35 Atherwood Avenue
Property History for 35 Atherwood Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 35 Atherwood Avenue
Taxable ValueLand$297,425Additions$680,968Total$978,393
Tax Record2023$11,000 ($917 / month)
Home Facts
Baths6Total Finished SqFt5,017 SqFtAbove Grade Finished SqFt5,017 SqFtStories2Lot Size6,955 SqFtStyleMulti-Family Res (5+ Units)Year Built1957CountySAN MATEOAPN059-234-030
Schools near 35 Atherwood Avenue
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 | |||
Public - | K to 8 |
Rating | School | Distance |
---|---|---|
Henry Ford Elementary School PublicK to 5 | ||
John F. Kennedy Middle School Public5 to 8 | ||
Woodside High School Public9 to 12 | ||
Adelante Selby Spanish Immersion School PublicK to 8 |
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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