Redwood City, CA 94062
$1,800,000
Bed
0
Bath
0
Living Space
3,855 SqFt
Year Built
1923
Lot Size
6,000 SqFt
Days
14
Under the same ownership as the adjacent 103-115 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 405 Arch Street & 77-83 James Avenue, a well-located 5-unit multifamily investment opportunity in Redwood City's Arch Street corridor, just west of El Camino Real. Offered at $1,800,000, the property consists of five (5) units across approximately 3,855 square feet of building area on a 6,000-square-foot lot. The unit mix includes four (4) 1-bedroom/1-bath units (770 sqft) and one (1) 2-bedroom/1-bath unit (775 sqft) -- The property sits in a quiet, tree-lined residential pocket within walking distance of Downtown Redwood City's shops and restaurants, the Safeway-anchored Sequoia Shopping Center, and Caltrain, with convenient access to Highway 101 and I-280. Amenities include owned washer/dryer, separately metered electric and gas, and Siemens circuit-breaker sub-panels. California SB 721 mandated inspection has been completed and is on file. -- Built in 1923, the property generates approximately $112,140 in scheduled gross annual income, with net operating income of approximately $63,128, a 3.51% cap rate and 16.05 GRM.
Listing provided courtesy ofNate Gustavson License 01898316 Compass, Cameron Foster License 00972394 Compass
Data provided by MLSListings Inc.
- Roy Cloud Elementary School (Elementary) - GreatSchools rating 9/10 - Clifford Elementary School (Elementary) - GreatSchools rating 7/10 - Kennedy Middle School (Middle) - GreatSchools rating 7/10 - Redwood High School (High) - GreatSchools rating 6/10 - Carlmont High School (High) - GreatSchools rating 7/10 - Menlo-Atherton High School (High) - GreatSchools rating 7/10 School District: Redwood City Elementary School District
Stafford Park is located at King Street and Hopkins Avenue in Redwood City, CA 94062. It offers amenities such as a playground, picnic tables, restrooms, and a water feature. Edgewood Park and Preserve is located at Edgewood Road and Old Stage Coach Road near 280, Redwood City, CA 94062, offering hiking trails and natural landscapes.
The neighborhood is part of Redwood City, a bayside city known for its vibrant downtown and diverse dining options. The community offers a mix of approachable dining, from casual eateries to more upscale establishments, with a variety of cuisines including Latin American, Asian fusion, seafood, and modern California cuisine. Local businesses include brewpubs like Ghostwood Kitchen, which offers craft beers, cocktails, and food.
This area has a Walk Score of 95 out of 100, indicating it is a Walker's Paradise where daily errands do not require a car. Public transit options include several bus lines such as ECR, 270, 276, 295, 296, 397, and EPX, as well as Caltrain train lines. 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.
- Roy Cloud Elementary School (Elementary) - GreatSchools rating 9/10 - Clifford Elementary School (Elementary) - GreatSchools rating 7/10 - Kennedy Middle School (Middle) - GreatSchools rating 7/10 - Redwood High School (High) - GreatSchools rating 6/10 - Carlmont High School (High) - GreatSchools rating 7/10 - Menlo-Atherton High School (High) - GreatSchools rating 7/10 School District: Redwood City Elementary School District
Stafford Park is located at King Street and Hopkins Avenue in Redwood City, CA 94062. It offers amenities such as a playground, picnic tables, restrooms, and a water feature. Edgewood Park and Preserve is located at Edgewood Road and Old Stage Coach Road near 280, Redwood City, CA 94062, offering hiking trails and natural landscapes.
The neighborhood is part of Redwood City, a bayside city known for its vibrant downtown and diverse dining options. The community offers a mix of approachable dining, from casual eateries to more upscale establishments, with a variety of cuisines including Latin American, Asian fusion, seafood, and modern California cuisine. Local businesses include brewpubs like Ghostwood Kitchen, which offers craft beers, cocktails, and food.
This area has a Walk Score of 95 out of 100, indicating it is a Walker's Paradise where daily errands do not require a car. Public transit options include several bus lines such as ECR, 270, 276, 295, 296, 397, and EPX, as well as Caltrain train lines. 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.
