515 Oak Avenue

Redwood City, CA 94061

$1,468,000
Last Sold Price
2
Beds
1
Bath
1,108 Sq. Ft.
$1,325 / Sq. Ft.
1,108
Sq. Ft.
$1,325
per Sq. Ft.

Description

Calling all investors and developers or end user's willing to put-in the sweat equity. A great opportunity awaits in the city that claims one of the best climates in the world. In the heart of Redwood City sits a property with tremendous potential. Build your dream home on almost 9000 SqFt lot or create a multi-family complex, sure to stimulate some cash flow, all the while living-in or renting the functional front dwelling while laying out plans of your desired goal. The front house has over 1100...Calling all investors and developers or end user's willing to put-in the sweat equity. A great opportunity awaits in the city that claims one of the best climates in the world. In the heart of Redwood City sits a property with tremendous potential. Build your dream home on almost 9000 SqFt lot or create a multi-family complex, sure to stimulate some cash flow, all the while living-in or renting the functional front dwelling while laying out plans of your desired goal. The front house has over 1100 SqFt of living space that can be occupied now or updated and add a bed/bath within the envelope. The city of Redwood City is witnessing lots of transformation & increased values. Just look next door, across the street or down the street and the evolution is happening. Easy access to 101/280, not far from a bustling downtown that has become the place to go for entertainment; music in the square, movies, restaurants, coffee or a stroll. Close to Red Morton Park, Whole Foods, Safeway & Rite AID. *Tenant occupied. Tenant is actively seeking replacement property and may request no more than a 60-day rentback if needed.

Listing Agents

  1. Brian Dakin

    Brian Dakin

    Listing Agent

    Compass

    DRE #02053842

  2. Dana Adams

    Dana Adams

    Alternative Listing Agent

    Compass

    DRE #02106791

    dana.adams@compass.com

    P: 323.206.0519

Property Details for 515 Oak Avenue

MLS City Name
REDWOOD CITY
Building Type
Detached
Garage Spaces
2
Parking Spaces
2
View
Neighborhood
Cross Street
Ebener
Add your commute
LISTING UPDATED: 04/20/2024 11:57 AM

Property Details for 515 Oak Avenue

StatusSold
MLS #ML81954946
Days on Compass14
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeSingle-Family Homes / Detached
Year Built1924
Lot Size0.20 AC / 8,771 SF
CountySan Mateo County
Add your commute

Building Information for 515 Oak Avenue

Stories-Year Built1924Building Size-Lot Size0.20 AC / 8,771 SF

Payment Calculator

$8,113 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,011

Property Taxes

$102

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 515 Oak Avenue

Features
Room Information
  • Additional Rooms: Den / Study / Office
  • Dining Room: Other
  • Family Room: No Family Room
  • Number of Full Bathrooms: 1
  • Number of Half Bathrooms: 0
Features
  • Fireplace: No
  • Flooring: Hardwood
  • Laundry: Gas Hookup
  • Living SqFt: 1108
  • Pool: No
Utilities
  • Cooling: None
  • Heating: Other
  • Sewer Septic: Sewer - Public
  • Utilities: Natural Gas, Public Utilities
  • Water: Public
Garage
  • Garage and Parking: Detached Garage, Off-Street Parking, On Street, Parking Area
  • Garage Max: 2
  • Garage Min: 2
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Property Condition: Fixer Upper
  • Area Text: Central Park Etc.
  • Roof: Composition
  • Subclass: Single Family Home
  • Year Built Source: Other
  • Street Number: 515
  • Street Name: Oak
  • Street Suffix: Avenue
  • Area ID: 333
Second Unit Information
  • Second Unit Description: Rear Unit
Lot / Property Details
Building Information
  • Structure SqFt: 1108
  • Structure SqFt Source: Other
  • Age: 100
Development Information
  • Construction Type: Cinder Block, Wood, Wood Frame
  • Zoning Detail: R4
Location Information
  • City Limits: Yes
  • Parcel Number: 053-271-030
  • County Name: San Mateo
  • City Name: REDWOOD CITY
  • City Postal ID: 50
  • Postal Code: 94061
  • Elementary School: 637
  • Elementary School District: 935
  • High School District Text: Sequoia Union High
Lot Information
  • Fencing: Fenced, Wood
  • Foundation: Concrete Perimeter, Crawl Space, Other
  • Horse Property: No
  • Lot Acres: .20
  • Lot Description: Grade - Mostly Level
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Other
  • Soil: Clay
  • Yard Grounds: Back Yard, Balcony / Patio, Fenced

Property History for 515 Oak 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 515 Oak Avenue

Taxable ValueLand$37,722Additions$61,268Total$98,990
Tax Record2023$1,224 ($102 / month)
Home Facts
Total Finished SqFt950 SqFtAbove Grade Finished SqFt950 SqFtStories1Lot Size8,771 SqFtStyleDuplexYear Built1924CountySAN MATEOAPN053-271-030

Schools near 515 Oak Avenue

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
Charter - K to 5
Rating
School
Distance
Roosevelt Elementary School
PublicK to 8

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 Compass, Brian Dakin, DRE #02053842; Compass, Dana Adams, DRE #02106791

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.