Redwood City CA Multi Family for Sale
$1,600,000
3502 Hoover Street Redwood City, CA 94063
- Type:
- Mixed Use
- Sq.Ft.:
- 2,298
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1939
- Baths:
- MLS#:
- ML81986780
ADDITIONAL INFORMATION
Welcome to 3502 Hoover St. This unique multi-family home is located in the hearth of the Bay Area!! Nestled in Redwood City Friendly Acres neighborhood, with proximity to the New Stanford Campus, Stanford University, Costco, Sigona's Farmers Market and Vibrant Downtown Redwood City. Walk into 4 separate units featuring bright and open interiors, lovely floor plans. The main house with 3Bd/ 2bths along with a 1-car garage. It has an open floor plan, large bedrooms, a laundry area, an updated kitchen with quartz countertops, a spacious dining area for those family gatherings and for those chilly nights, there is a cozy fireplace. Additionally, there are 3 studios in the rear, each equipped with laminating flooring, a tall shower, and a gas stove. Each unit has its own gas meter providing convenience and accurate billing. Outside, youll find a beautiful front yard adorned with flowers and fruit trees. Conveniently located in a prime Redwood City neighborhood, this residence provides easy access to schools, parks, shopping, and dining, ensuring a lifestyle of comfort and convenience. A great investment, the perfect residence and opportunity for first time buyer, family or investor! Live in the main house and rent the other units or rent both. Excellent rental income. Will not last!!
- Type:
- Duplex
- Sq.Ft.:
- 1,134
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.09 Acres
- Year built:
- 1951
- Baths:
- MLS#:
- ML81984675
ADDITIONAL INFORMATION
This legal duplex offers the perfect balance of home ownership and income generation. Live in one unit and rent the other, or enjoy a strong income-producing property with good tenants currently on month-to-month leases who would love to stay. With a rarely available property like this, you're stepping into a unique chance to invest wisely. Additional features include an extra storage unit at the rear of the property, ideal for maximizing space and utility. Conveniently located close to major shopping and transportation, this property offers easy access to everything you need. Whether youre looking to build long-term wealth or find a new place to call home, this duplex is an excellent opportunity not to be missed.
Redwood City Real Estate
The median home value in Redwood City, CA is $1,610,500. This is higher than the county median home value of $1,488,500. The national median home value is $338,100. The average price of homes sold in Redwood City, CA is $1,610,500. Approximately 45.39% of Redwood City homes are owned, compared to 48.62% rented, while 5.99% are vacant. Redwood City real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Redwood City real estate agent to arrange a tour today!
Redwood City, California 94063 has a population of 83,905. Redwood City 94063 is more family-centric than the surrounding county with 38.3% of the households containing married families with children. The county average for households married with children is 35.93%.
The median household income in Redwood City, California 94063 is $134,287. The median household income for the surrounding county is $136,837 compared to the national median of $69,021. The median age of people living in Redwood City 94063 is 37 years.
Redwood City Weather
The average high temperature in July is 81.1 degrees, with an average low temperature in January of 39.6 degrees. The average rainfall is approximately 22.8 inches per year, with 0.2 inches of snow per year.