Redwood City, CA 94062
$1,800,000
Bed
0
Bath
0
Living Space
3,855 SqFt
Year Built
N/A
Lot Size
N/A
Days
32
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
Clifford Elementary School - GreatSchools rating 7/10 John F. Kennedy Middle School - GreatSchools rating 7/10 Sequoia High School - GreatSchools rating 7/10 School District: Redwood City School District
Stafford Park is located at King St. and Hopkins Ave., Redwood City, CA 94062, and features a playground, tot lot, restrooms, and a water feature. Garrett Park is located at 3600 Glenwood Ave, Redwood City, CA 94062. These parks offer green space and recreational amenities for the community.
The area near Arch, Redwood City, CA, 94062, is part of Redwood City, a city known for its diverse dining and business scene. Downtown Redwood City features over 75 restaurants and hundreds of retail and personal-services businesses. The city has experienced a culinary renaissance with new restaurants and independent businesses contributing to its appeal.
The walkability score for the area is 39/100, and the Transit Score is 4/100. Nearby transit options include various bus routes such as the 276 Redwood City Transit Ctr - Bohannon/Campbell and 270 Redwood City Caltrain - Florence/17th loop, both approximately 0.2 miles away.
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.
Clifford Elementary School - GreatSchools rating 7/10 John F. Kennedy Middle School - GreatSchools rating 7/10 Sequoia High School - GreatSchools rating 7/10 School District: Redwood City School District
Stafford Park is located at King St. and Hopkins Ave., Redwood City, CA 94062, and features a playground, tot lot, restrooms, and a water feature. Garrett Park is located at 3600 Glenwood Ave, Redwood City, CA 94062. These parks offer green space and recreational amenities for the community.
The area near Arch, Redwood City, CA, 94062, is part of Redwood City, a city known for its diverse dining and business scene. Downtown Redwood City features over 75 restaurants and hundreds of retail and personal-services businesses. The city has experienced a culinary renaissance with new restaurants and independent businesses contributing to its appeal.
The walkability score for the area is 39/100, and the Transit Score is 4/100. Nearby transit options include various bus routes such as the 276 Redwood City Transit Ctr - Bohannon/Campbell and 270 Redwood City Caltrain - Florence/17th loop, both approximately 0.2 miles away.
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.