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
3
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.
- Sandpiper Elementary School (Elementary) - GreatSchools rating 9/10 - San Mateo County Special Education School (Middle) - Rating not listed - Redwood High School (High) - Rating not listed School District: San Mateo County Office of Education School District
Redwood City offers several parks within a 1-2 mile radius. Mezes Park features play equipment, picnic areas, and sports courts. Red Morton Community Park is a larger space with athletic fields, a playground, and picnic facilities. Edgewood Park and Natural Preserve, located a bit further out, provides extensive trails for hiking and equestrian use, along with picnic areas and natural scenery.
The area near James Redwood City, CA is part of the broader Redwood City community, known for its diversity and active neighborhoods. Local businesses include a variety of dining options, from gastropubs like Ghostwood Kitchen to diverse cuisines such as Latin American, Asian fusion, and seafood. The downtown area is particularly vibrant, with numerous restaurants, shops, and community events.
This location boasts a Walk Score of 95 out of 100, indicating a "Walker's Paradise" where daily errands can be accomplished without a car. Transit options include multiple bus lines such as the ECR Daly City BART - Palo Alto Transit Ctr and the 278 Redwood City Caltrain - Canada College, with many stops within a short walking distance. The Redwood City Caltrain Southbound stop is also a nine-minute walk away. 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.
- Sandpiper Elementary School (Elementary) - GreatSchools rating 9/10 - San Mateo County Special Education School (Middle) - Rating not listed - Redwood High School (High) - Rating not listed School District: San Mateo County Office of Education School District
Redwood City offers several parks within a 1-2 mile radius. Mezes Park features play equipment, picnic areas, and sports courts. Red Morton Community Park is a larger space with athletic fields, a playground, and picnic facilities. Edgewood Park and Natural Preserve, located a bit further out, provides extensive trails for hiking and equestrian use, along with picnic areas and natural scenery.
The area near James Redwood City, CA is part of the broader Redwood City community, known for its diversity and active neighborhoods. Local businesses include a variety of dining options, from gastropubs like Ghostwood Kitchen to diverse cuisines such as Latin American, Asian fusion, and seafood. The downtown area is particularly vibrant, with numerous restaurants, shops, and community events.
This location boasts a Walk Score of 95 out of 100, indicating a "Walker's Paradise" where daily errands can be accomplished without a car. Transit options include multiple bus lines such as the ECR Daly City BART - Palo Alto Transit Ctr and the 278 Redwood City Caltrain - Canada College, with many stops within a short walking distance. The Redwood City Caltrain Southbound stop is also a nine-minute walk away. 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.
