$1,975,000
$2,198,000
10.1%For more information regarding the value of a property, please contact us for a free consultation.
442 Madison AVE Redwood City, CA 94061
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
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
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Cole Simpson Marcus & Millichap