35 Atherwood Avenue

Redwood City, CA 94061

$1,749,000
Price
Beds
5,017 Sq. Ft.
$349 / Sq. Ft.
5,017
Sq. Ft.
$349
per Sq. Ft.

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!
  1. 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 Features
Attached, Off Street
Architectural Style
Traditional
Cross Street
Parkwood
Total Parking Spaces
6

Location

Listing Courtesy of Berkshire Hathaway-Franciscan, Andrew de Vries, DRE #01368031
Add your commute
LISTING UPDATED: 06/08/2024 08:26 AM

Property Details for 35 Atherwood Avenue

StatusPending
MLS #424035113
Days on Compass15
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / 5 or More Units
Year Built1957
Lot Size0.16 AC / 6,956 SF
CountySan Mateo County

Location

Listing Courtesy of Berkshire Hathaway-Franciscan, Andrew de Vries, DRE #01368031
Add your commute

Virtual Tour

Building Information for 35 Atherwood Avenue

Stories2Residences6Year Built1957Building Size-Lot Size0.16 AC / 6,956 SF

Payment Calculator

$10,462 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,545

Property Taxes

$917

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 35 Atherwood Avenue

Summary
Location and General Information
  • Area/District: Redwood City
  • Area Short Display: 13H
  • Topography: Level
  • Location Description: Redwood City
Taxes and HOA Information
  • APN: 059-234-030
  • City Transfer Tax Rate: .00%
  • County Transfer Tax Rate: .00%
  • Association: No
School Information
  • School District (County): San Mateo
Parking
  • Covered Spaces: 6
  • Independent Parking Spaces: 6
  • Carport Spaces: 6
  • Garage Spaces: 0
  • Tandem Parking Spaces: 0
  • Open Parking Spaces: 0
  • Num of Parking Spaces: 6.0
  • Parking: Attached, Off Street
Virtual Tour
Property
Lot Information
  • Square Footage Source: Assessor Auto-Fill
  • Year Built Source: Assessor Auto-Fill
  • Lot Size Source: Assessor Auto-Fill
  • Lot Features: Shape Regular
Property and Assessments
  • Possession: Close of Escrow
  • Picture Count: 29
  • Photos Provided By: 3rd Party Photographer
  • Elevation: 0
  • Units Furnished: None
Green Features
  • Green Verification Year: 0
Utilities
  • Separate Meters: Electricity, Gas
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Elevation Units: Feet
  • # of Floors: 2
  • # of Guest Space(s): 0
  • # Of Buildings: 1
  • Construction Materials: Wood
  • Foundation: Concrete Perimeter
  • Stories: 2
  • Levels: Two
  • Roof: Composition
Interior Features
  • Heating: Wall Furnace
  • Laundry Features: Coin Operated, In Common Area, Appliances-Leased
  • Flooring: Laminate, Tile, Vinyl
  • Full Bathrooms: 0
  • # of Rooms: 19
Room Information
1 Bedroom Unit
  • 1 Bedroom Rent Range: $1800-$2200
  • # of 1 Bedroom Units: 5
  • 1 Bedroom Annual Occupancy: .00%
  • # of 1 Bedrooms Occupied: 3
2 Bedroom Unit
  • 2 Bedroom Rent Range: $2200-$2500
  • # of 2 Bedroom Units: 1
  • 2 Bedroom Annual Occupancy: .00%
  • # of 2 Bedrooms Occupied: 1
3 Bedroom Unit
  • # of 3 Bedroom Units: 0
  • 3 Bedroom Annual Occupancy: .00%
  • # of 3 Bedrooms Occupied: 0
4 Bedroom Unit
  • # of 4 Bedroom Units: 0
  • 4 Bedroom Annual Occupancy: .00%
  • # of 4 Bedrooms Occupied: 0
Multi Family
Income & Expenses
  • Gross Rent Multiplier: 12.0
  • Gross Income Multiplier: 0.0
  • Utilities Expense: 0.0
Multi-Family Information
  • # Commercial Units: 0
  • Total # Owner Occupied: 0
  • # Studios Occupied: 0
  • # of Studio Units: 0
  • # of Units: 6
  • # Of Units Total: 6
  • # Of Units Vacant: 2
  • # Of Units Leased: 4
  • Total # Leasable: 6
  • Total # Section 8: 0
Unit 1
  • Unit 1 Bedrooms: 0
  • Unit 1 Full Baths: 0
  • Unit 1 Partial Baths: 0
  • Unit 1 Rent: $.00
  • Unit 1 Approx SqFt: 0.0
  • Unit 1 # of Rooms: 0
Unit 2
  • Unit 2 Bedrooms: 0
  • Unit 2 Full Baths: 0
  • Unit 2 Partial Baths: 0
  • Unit 2 Rent: $.00
  • Unit 2 Approx SqFt: 0.0
  • Unit 2 # of Rooms: 0
Unit 3
  • Unit 3 Bedrooms: 0
  • Unit 3 Full Baths: 0
  • Unit 3 Partial Baths: 0
  • Unit 3 Rent: $.00
  • Unit 3 Approx SqFt: 0.0
  • Unit 3 # of Rooms: 0
Unit 4
  • Unit 4 Bedrooms: 0
  • Unit 4 Full Baths: 0
  • Unit 4 Partial Baths: 0
  • Unit 4 Rent: $.00
  • Unit 4 Approx SqFt: 0.0
  • Unit 4 # of Rooms: 0
Rental
Rent Information
  • # Of Units Month to Month: 6
  • Studio Annual Occupancy: .00%

Property History for 35 Atherwood Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

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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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 Berkshire Hathaway-Franciscan, Andrew de Vries, DRE #01368031

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.