$1,500,000
1036 Dodge Drive, Redwood City, CA 94063
1% above the Redwood City median of $1.5M (81 active listings)
24% of Redwood City listings have cut their price · half have been listed 23+ days
About this home
TWO TURNKEY HOMES ON ONE LOT! NO SHARED WALLS! FULLY RENOVATED WITH LARGE PRIVATE YARDS! Incredible opportunity for investor or owner-occupier in highly sought after Friendly Acres Neighborhood. Excellent Unit Mix: (1) 3-Bedroom / 2-Bath Home (1,126 SF) & (1) 2-Bedroom / 1-Bath Home (817 SF). Tenants pay ALL utilities! The fully renovated homes are only connected by a garage. The front home has a large private fenced front yard, and the rear home has a large private fenced back yard. Excellent in place rents deliver great cash flow - 4.04% Cap Rate Day One for investors. Turnkey homes create excellent owner-occupier acquisition on a quiet, tree-lined street in close proximity to dining, shopping & entertainment amenities of downtown Redwood City and quick access to highways 101,84,280.
Property details
- Property type
- Single Family
- Year built
- 1969
- Lot size
- 7,150 sqft
- Garage spaces
- 2
- Stories
- 1
- County
- San Mateo
- Listed
- 45 days ago
- MLS #
- 82059601
- Listed by
- Matthew Thomson · Compass
Features
- Attached Garage
- Gas
- Fireplace: Living Room
- Roof: Composition
- Roof: Shingle
- Construction: Wood Frame
- Security Lights
- Utilities: Public Utilities
- Sewer: Sewer - Public
- Water: Public
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Location
Approximate location based on the listing address.
