825-837 Adams Street

Redwood City, CA 94061

$3,175,000
Last Sold Price
Beds
4,464 Sq. Ft.
$711 / Sq. Ft.
4,464
Sq. Ft.
$711
per Sq. Ft.

Description

825-837 Adams St is a stunning 7-unit apartment community located in thriving Redwood City, California. Situated on a 10,000 square feet parcel of land, the subject property was originally constructed in 1950 and has a gross building area of approximately 4,464 square feet. The property is split into 4 bungalows and 3 apartment units. 825-837 Adam St offers its tenants close proximity to many of the nation's tech employers including Box Inc., Google, Oracle, Electronic Arts Inc., Stanford, Facebook,...825-837 Adams St is a stunning 7-unit apartment community located in thriving Redwood City, California. Situated on a 10,000 square feet parcel of land, the subject property was originally constructed in 1950 and has a gross building area of approximately 4,464 square feet. The property is split into 4 bungalows and 3 apartment units. 825-837 Adam St offers its tenants close proximity to many of the nation's tech employers including Box Inc., Google, Oracle, Electronic Arts Inc., Stanford, Facebook, Cisco Systems, Visa as well as many others. In addition to nearby employers, the subject property is also located within walking distance to Whole Foods Markets and Downtown Redwood City, home to many high-end shopping, dining, and entertainment options. Nearby essential mass transit options offer direct access to all major Bay Area destinations.
  1. Listed by Robert Johnston • DRE #01853816 • Brokerage DRE #01240999 • Marcus & Millichap • 650-391-1744

Property Details for 825-837 Adams Street

MLS City Name
REDWOOD CITY
Building Type
Other
Garage Spaces
4
Parking Spaces
0

Location

Listing Courtesy of Marcus & Millichap, Robert Johnston, DRE #01853816

Sold By Marcus & Millichap, Adam S. Levin, DRE #01462752; Marcus & Millichap, Robert Johnston, DRE #01853816

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LISTING UPDATED: 07/01/2022 09:37 AM

Property Details for 825-837 Adams Street

StatusSold
MLS #ML81882886
Days on Compass106
Taxes$33,888 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1950
Lot Size0.23 AC / 10,000 SF
CountySan Mateo County

Location

Listing Courtesy of Marcus & Millichap, Robert Johnston, DRE #01853816

Sold By Marcus & Millichap, Adam S. Levin, DRE #01462752; Marcus & Millichap, Robert Johnston, DRE #01853816

Add your commute

Building Information for 825-837 Adams Street

Stories-Residences-Year Built1950Building Size-Lot Size0.23 AC / 10,000 SF

Payment Calculator

$20,151 per month

30 year fixed, 7.25% Interest

Principal and Interest

$17,327

Property Taxes

$2,824

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 825-837 Adams Street

Features
Features
  • Fireplace: No
  • Living SqFt: 4464
  • Pool: No
  • Security Features: None
  • Special Features: Parking
Utilities
  • Cooling: None
  • Heating: Wall Furnace
  • Meters: Master Electric, Master Gas, Master Water
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 3
Garage
  • Garage and Parking: Attached Garage, Carport
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 7
  • Area Text: Central Park Etc.
  • Restrictions: None
  • Roof: Shingle
  • Stories: 0.0
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 825-837
  • Street Name: Adams
  • Street Suffix: Street
  • Area ID: 333
Lot / Property Details
Building Information
  • Number of Buildings: 5
  • Structure SqFt: 4464
  • Structure SqFt Source: Assessor
  • Age: 72
Development Information
  • Zoning Detail: R4
Location Information
  • Parcel Number: 053-064-180
  • County Name: San Mateo
  • City Name: REDWOOD CITY
  • City Postal ID: 50
  • Postal Code: 94061
  • Elementary School District: 935
  • High School District Text: Sequoia Union High
Lot Information
  • Foundation: Concrete Perimeter
  • Lot Acres: .23
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
General Information
  • Annual Tax Amount: $33,888
  • Capitalization Rate: 3.87
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Laundry, Rents
  • Vacancy Factor: 3
Income / Expense Details
  • Expense Insurance: $3,262
  • Expense Landscape: $1,200
  • Expense Maintenance: $3,500
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $14,420
  • Expenses Total: $56,270
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance, Services - Gardener, Utilities
  • Gross Rent Multiplier: 17.06
  • Income Annual Gross: $176,276
  • Income Annual Rental: $180,048
  • Income Gross Scheduled: $181,728
  • Income Other: $1,680
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 1
  • Unit 1 Rent: $0
  • Unit 1 Type: Apartment
Unit 2 Information
  • Unit 2 Rent: $0
Unit 3 Information
  • Unit 3 Rent: $0
Unit 4 Information
  • Unit 4 Rent: $0
Unit Type 1
  • Unit Type1 Units Total: 7
Listing Info
Rental Info
  • Lease Type: Net

Property History for 825-837 Adams Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 825-837 Adams 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 - 3 to 8
Rating
School
Distance
Roosevelt Elementary School
PublicK to 8

John F. Kennedy Middle School
Public5 to 8

Sequoia High School
Public9 to 12

North Star Academy
Public3 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.

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 Marcus & Millichap, Robert Johnston, DRE #01853816

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.