Redwood City, CA 94061,442 Madison AVE
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Redwood City, CA 94061,442 Madison AVE
Redwood City, CA 94061,442 Madison AVE
Redwood City, CA 94061,442 Madison AVE
Redwood City, CA 94061,442 Madison AVE

$1,975,000

Est. payment /mo

$2,198,000

10.1%
Est.Price: ?

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442 Madison AVE Redwood City, CA 94061

10,402 Sqft Lot

SOLD DATE : 08/21/2023

Key Details

Sold Price $1,975,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID ML81932304

Sold Date 08/21/23

HOA Y/N No

Year Built 1949

Annual Tax Amount $23,828

Lot Size 10,402 Sqft

Property Description

442 Madison Ave is an exceptional 5-unit value add investment opportunity in the thriving city of Redwood City, California. Situated on a 10,400 square foot parcel of land, the subject property was originally constructed in 1949 and has a gross building area of approximately 4,480 square feet. 442 Madison Ave offers its tenants beautifully designed cottage-style two-bedroom, one-bedroom, and studio floor plans with a detached two-bedroom single family home. Tenants enjoy ample parking from two sizable driveways and three single-car garages. The four buildings are also equipped with five separate PG&E meters and three water meters.

Location

State CA

County San Mateo

Area 699 - Not Defined

Zoning R-4

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Roof Type Shingle

Total Parking Spaces 6

Building

Water Public

Schools

School District Other

Others

Tax ID 053053180

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Robert Johnston • Marcus & Millichap
Bought with Cole Simpson • Marcus & Millichap
agent

John Vogel

Real Estate Advisor | License ID: DRE 01445571

+1(760) 712-2437

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