1502 Ebener Street in is a well maintained 6-unit apartment building with extra large units with spacious bedrooms located in highly desirable Redwood City, California. Situated on a 8,874 square-foot lot, the building has a gross building area of 7,238 square feet. The unit mix has four (4) 2-bedroom/1-Bathroom units at approximately 954 sqft, and two (2) 1-Bedroom/1-Bathroom units at approximately 768 sqft. Tenants benefit from having their own covered carport (7 total on-site), an on-site coin-operated laundry room, and each has their own individual storage locker. The downstairs units (2) have private patios, and the upstairs units (4) have large private decks. Individually metered for gas/electric, there is central forced air heating in four (4) of the units, with one (1) unit having electric baseboard heating. This is great opportunity to run a profitable investment property as it stands or create value by remodeling interiors to increase rents and/or potentially add ADU units as accomplished by the neighboring owner.
Located in the Palm Park Neighborhood, Safeway, Whole Foods, Sequoia Station Shopping Center and Redwood Village Shopping Center are all located within a 5-minute drive of 1502 Ebener Street.
Sold for $2,480,000 on 06/13/24
$2,480,000
Ebener Redwoodcity, Redwood City, CA 94061
--beds
--baths
7,238sqft
Five Or More Units, Residential Income
Built in 1960
-- sqft lot
$2,458,100 Zestimate®
$343/sqft
$3,660 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: December 21, 2024 at 02:28am
Listed by:
Nate Gustavson 01898316 415-786-9410,
Compass 415-874-5000,
Cameron Foster 00972394 415-699-6168
Bought with:
Nate Gustavson, 01898316
Compass
Source: MLSListings Inc,MLS#: ML81953441
Facts & features
Interior
Heating
- Central Forced Air, Electric
Cooling
- Ceiling Fan(s)
Appliances
- Laundry: Coin Operated
Features
- Flooring: Carpet, Hardwood, Laminate, Tile
- Doors: Other
Interior area
- Total structure area: 7,238
- Total interior livable area: 7,238 sqft
Property
Parking
- Parking features: Assigned, Carport
- Has carport: Yes
Accessibility
- Accessibility features: Other
Lot
- Size: 8,842 sqft
Details
- Parcel number: 059063320
- Zoning: R-4
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Five Or More Units, Residential Income
Materials
- Foundation: Concrete Perimeter and Slab
- Roof: Composition, Shingle
Condition
- Year built: 1960
Utilities & green energy
- Gas: IndividualGasMeters
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Public
Community & neighborhood
Location
- Region: Redwood City
Other
Other facts
- Listing agreement: ExclusiveRightToSell
- Listing terms: CashorConventionalLoan
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Estimated market value
$2,458,100