Redwood City, CA 94061,442 Madison AVE
Redwood City, CA 94061,442 Madison AVE
Redwood City, CA 94061,442 Madison AVE
Listed by Robert Johnston • Marcus & Millichap
Bought with Cole Simpson • Marcus & Millichap
$1,975,000
Est. payment /mo
$2,198,000
10.1%
Est.Price: ?

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3 Beds
2 Baths
4,480 SqFt
SOLD DATE : 08/21/2023

Key Details

Sold Price $1,975,000

Property Type Commercial

Sub Type Five or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 4,480 sqft

Price per Sqft $440

MLS Listing ID ML81932304

Bedrooms 3

Full Baths 2

Year Built 1949

Lot Size 10,400 Sqft

Property Sub-Type Five or More Units

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 Middlefield To El Camino Atherton

Zoning R-4

Interior

Heating Wall Furnace

Cooling None

Exterior

Parking Features Attached Garage, Uncovered Parking

Garage Spaces 3.0

Utilities Available Individual Electric Meters, Individual Gas Meters

Roof Type Shingle

Building

Foundation Concrete Perimeter

Sewer Sewer Connected

Water Public

Others

Special Listing Condition Not Applicable

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Steven Gary

Steven Gary

+1(408) 644-3287

Realtor | License ID: 01895061

Realtor License ID: 01895061

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