2916 Curtis Avenue, Redwood City, CA 94063

$2,030,000
4,292
SqFt

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List Price
$2,030,000
Status
ACTIVE
MLS#
ML82055075
Year Built
1971
Living Sq. Ft
4,292
Lot Size
5,000
Acres
0.11
Days on Market
5
Property Type
Multifamily
Property Sub Type
Quadruplex

Property Description

2916 Curtis Avenue offers a rare opportunity to acquire a well located four unit apartment building in one of the Peninsulas most consistently strong rental markets. The property features three 2 bedroom, 1 bath units and one 1 bedroom, 1 bath unit, providing a balanced mix of floor plans that appeal to a wide range of tenants. This configuration supports stable occupancy and diversified income, making it an attractive option for both new and seasoned investors. The property has recently undergone a significant amount of capital improvements including - Roof upgrade, sealed with silicone layers - New washer dryer in laundry room with PayRange digital payment system - New 75 gallon, triple braced hot water heater - Fresh paint on building exterior, garage interior - New windows - New electrical panels, moved to hallways from bedroom closets - Raised height of balcony walkway railings to 42 inches, closed off openings, and added handrails - New carpet in units two, three, and four - Crawlspace cleaned out and emptied - As-built existing and proposed four bedroom garage conversion ADU accessory dwellings unit drawings made. These upgrades make the property especially appealing to an investor seeking a low maintenance, easy to manage asset

Additional Information

Taxes
$22,210
Heat
Electric
Cooling
Yes
Roof
Flat
Garage Spaces Total
4
School District
Other
Attached Structure
Detached
Gross Scheduled Income
$144,411

Listing courtesy of Listing Agent: Fred Rubio (fred.rubioiii@marcusmillichap.com) from Listing Office: Marcus & Millichap.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.