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.
Sold for $1,975,000 on 08/21/23
$1,975,000
Madison Redwoodcity, Redwood City, CA 94061
--beds
--baths
4,480sqft
Five Or More Units, Residential Income
Built in 1949
-- sqft lot
$2,237,300 Zestimate®
$441/sqft
$4,636 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: December 21, 2024 at 01:42am
Listed by:
Robert Johnston 01853816 650-391-1744,
Marcus & Millichap 650-391-1700,
Adam S. Levin 01462752 650-492-0934
Bought with:
Cole Simpson, 02016525
Marcus & Millichap
Source: MLSListings Inc,MLS#: ML81932304
Facts & features
Interior
Heating
- Wall Furnace
Cooling
- None
Features
- Doors: None
Interior area
- Total structure area: 4,480
- Total interior livable area: 4,480 sqft
Property
Parking
- Total spaces: 6
- Parking features: Attached
- Garage spaces: 3
- Has carport: Yes
Accessibility
- Accessibility features: None
Lot
- Size: 10,367 sqft
Details
- Parcel number: 053053180
- Zoning: R-4
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Five Or More Units, Residential Income
Materials
- Foundation: Concrete Perimeter
- Roof: Shingle
Condition
- Year built: 1949
Utilities & green energy
- Gas: IndividualGasMeters
- Water: Public
- Utilities for property: Water Public
Community & neighborhood
Location
- Region: Redwood City
Other
Other facts
- Listing agreement: ExclusiveRightToSell
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Estimated market value
$2,237,300