$1,988,000
For Sale

2937 Calvin Avenue

Redwood City, CA 94063
3866 sqft | 0.11 acres | #ML81985358
Listing OfficeCompass
Browse 24 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

Welcome to 2937 Calvin Avenue, a prime multifamily investment opportunity in Redwood City, where stable income meets exceptional potential. This property is for those who appreciate foresight in real estate.Recent enhancements include a new roof and garage door in 2024, ensuring long term peace of mind and curb appeal. The upstairs units shine with sliding glass doors, inviting abundant natural light. Most units have been recently upgraded, enhancing both comfort and value.The expansive patios are a standout feature, offering the potential to transform into sunrooms. Inside, each unit boasts generous space with the possibility of adding additional bedrooms, to increase rental income.A laundry room with washer/dryer hookups provides an additional revenue source, while the potential to add an Accessory Dwelling Unit (ADU) offers further versatility and income opportunities. With stable, long-term tenants already in place, this property promises a high return on investment with minimal maintenance costs.2937 Calvin Avenue is more than just a property; its a strategic investment in a vibrant community adjacent to the revitalization project along Middlefield Road. Discover the possibilities and secure your future with this exceptional opportunity. Schedule your viewing today!

  • Property Details
      • Utility FeaturesNaturalGasAvailable
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • Original List Price$1,988,000
      • MLS #ML81985358
      • Property SubtypeQuadruplex
      • MLS #ML81985358
      • CountySan Mateo
      • Taxes Annual$21,946
      • Cost1988000
      • Acres0.1148
      • Utility SourcePublic
      • School DistrictOther
      • Square Feet3866
      • Year Built1962
      • FoundationSlab
      • Stories2
      • Parking Spaces4

Location

SparrowLily Realty, Inc.Real Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00