Redwood City, CA 94062
$2,250,000
Bed
0
Bath
0
Living Space
4,414 SqFt
Year Built
1922
Lot Size
6,500 SqFt
Days
14
Under the same ownership as the adjacent 405 Arch Street & 77-83 James Avenue, the two properties may be purchased together as a combined 10-unit portfolio or acquired separately. --- Compass Commercial is pleased to announce the exclusive listing of 103-115 James Avenue, a well-located 5-unit multifamily investment opportunity in Redwood City's Arch Street corridor, just west of El Camino Real. The offering consists of a 4-unit apartment building plus a detached single-family residence, together totaling five (5) units on one parcel, across approximately 4,414 square feet of building area on a 6,500-square-foot lot. The unit mix includes one (1) 1-bedroom/1-bath unit (725 sqft) and four (4) 2-bedroom/1-bath units (875-925 sqft), including the detached house (1,014 sqft). Amenities include separately metered electric and gas, Siemens circuit-breaker sub-panels, and a two-car garage. California SB 721 mandated inspection has been completed and is on file. -- Built in 1922, the property generates approximately $151,560 in scheduled gross annual income, with net operating income of approximately $95,610, a 4.25% cap rate and 14.85 GRM on current rents.
Listing provided courtesy ofNate Gustavson License 01898316 Compass, Cameron Foster License 00972394 Compass
Data provided by MLSListings Inc.
- North Star Academy (Elementary) - GreatSchools rating 10/10 - John F. Kennedy Middle School (Middle) - GreatSchools rating 7/10 - Sequoia High School (High) - GreatSchools rating 7/10 School District: Redwood City Elementary School District
Within a 1-2 mile radius of the property, several parks are available. Stafford Park, located at King Street and Hopkins Avenue, offers playgrounds, picnic areas, and restrooms. Mezes Park, situated at Warren Street and Standish Street, is a 1.67-acre park with play equipment, picnic areas, tennis courts, and basketball courts. Hoover Park, at Woodside Road and Spring Street, is a larger 10.18-acre park featuring ball fields, picnic areas, and basketball courts.
The "Central" neighborhood of Redwood City is characterized by its walkability and bustling urban activities, with a variety of local businesses, dining options, and entertainment. This area combines residential, industrial, and commercial elements, contributing to a diverse community.
This location has a Walk Score of 98 out of 100, indicating it is a "Walker's Paradise" where daily errands do not require a car. Transit options include multiple SamTrans bus routes such as the 296 Redwood City Transit Center - Bayshore/Donohoe and the 270 Redwood City Caltrain - Florence/17th loop. The Redwood City Caltrain station is also nearby, providing regional rail access. Transit Score: Score not available.
This neighborhood information is AI-generated based on the property address and publicly available data. Please verify important information independently. Do not rely solely on this information for property decisions. RoostHaven makes no warranties and assumes no liability for the accuracy or completeness of AI-generated information. School boundaries, ratings, and local amenities may change over time.
- North Star Academy (Elementary) - GreatSchools rating 10/10 - John F. Kennedy Middle School (Middle) - GreatSchools rating 7/10 - Sequoia High School (High) - GreatSchools rating 7/10 School District: Redwood City Elementary School District
Within a 1-2 mile radius of the property, several parks are available. Stafford Park, located at King Street and Hopkins Avenue, offers playgrounds, picnic areas, and restrooms. Mezes Park, situated at Warren Street and Standish Street, is a 1.67-acre park with play equipment, picnic areas, tennis courts, and basketball courts. Hoover Park, at Woodside Road and Spring Street, is a larger 10.18-acre park featuring ball fields, picnic areas, and basketball courts.
The "Central" neighborhood of Redwood City is characterized by its walkability and bustling urban activities, with a variety of local businesses, dining options, and entertainment. This area combines residential, industrial, and commercial elements, contributing to a diverse community.
This location has a Walk Score of 98 out of 100, indicating it is a "Walker's Paradise" where daily errands do not require a car. Transit options include multiple SamTrans bus routes such as the 296 Redwood City Transit Center - Bayshore/Donohoe and the 270 Redwood City Caltrain - Florence/17th loop. The Redwood City Caltrain station is also nearby, providing regional rail access. Transit Score: Score not available.
This neighborhood information is AI-generated based on the property address and publicly available data. Please verify important information independently. Do not rely solely on this information for property decisions. RoostHaven makes no warranties and assumes no liability for the accuracy or completeness of AI-generated information. School boundaries, ratings, and local amenities may change over time.
