Redwood City, CA 94061,1502 Ebener Street

$2,480,000

Est. payment /mo

$2,580,000

3.9%
Est.Price: ?

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1502 Ebener Street Redwood City, CA 94061

7,238 SqFt

SOLD DATE : 06/13/2024

Key Details

Sold Price $2,480,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 7,238 sqft

Price per Sqft $342

MLS Listing ID ML81953441

Sold Date 06/13/24

HOA Y/N No

Year Built 1960

Lot Size 8,874 Sqft

Acres 0.2

Property Description

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.

Location

State CA

County San Mateo

Zoning R-4

Interior

Heating Electric, Forced Air

Cooling Ceiling Fan(s)

Flooring Hardwood, Laminate, Tile

Fireplace No

Appliance Refrigerator

Laundry Coin Operated

Exterior

Handicap Access Other

Building

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 059063320

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Bridge MLS
Listed by Nate Gustavson • Compass
Bought with NateGustavson
agent

Jodi Nishimura

Founder & Realtor® | License ID: 01762935

+1(510) 459-0471

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