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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

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    $3,660/mo

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    $3,660/mo

    Rent Zestimate®

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    $15,453/mo

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    $15,453/mo

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    What's special

    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.

    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#: ML81953441MLS Logo

    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