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Redwood City, CA 94061,1502 Ebener ST
Redwood City, CA 94061,1502 Ebener ST
Redwood City, CA 94061,1502 Ebener ST
$2,480,000
Est. payment /mo
$2,580,000
3.9%
Est.Price: ?

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8,873 Sqft Lot
SOLD DATE : 06/13/2024

Key Details

Sold Price $2,480,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID ML81953441

Year Built 1960

Annual Tax Amount $28,579

Lot Size 8,873 Sqft

Property Description

1502 Ebener Street in is a well maintained 6-unit apartment building with extra large units with spacious bedrooms located in highly desirable Redwood City, California. Situated on a 8,874 square-foot lot, the building has a gross building area of 7,238 square feet. The unit mix has four (4) 2-bedroom/1-Bathroom units at approximately 954 sqft, and two (2) 1-Bedroom/1-Bathroom units at approximately 768 sqft. Tenants benefit from having their own covered carport (7 total on-site), an on-site coin-operated laundry room, and each has their own individual storage locker. The downstairs units (2) have private patios, and the upstairs units (4) have large private decks. Individually metered for gas/electric, there is central forced air heating in four (4) of the units, with one (1) unit having electric baseboard heating. This is great opportunity to run a profitable investment property as it stands or create value by remodeling interiors to increase rents and/or potentially add ADU units as accomplished by the neighboring owner. Located in the Palm Park Neighborhood, Safeway, Whole Foods, Sequoia Station Shopping Center and Redwood Village Shopping Center are all located within a 5-minute drive of 1502 Ebener Street.

Location

State CA

County San Mateo

Area 699 - Not Defined

Zoning R-4

Interior

Heating Central, Electric

Exterior

Roof Type Composition,Shingle

Building

Water Public

Schools

Elementary Schools Hawes

High Schools Sequoia

School District Other

Others

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Nate Gustavson • Compass
Bought with Nate Gustavson • Compass
agent
Devone Richard

Broker | License ID: 1002115

+1(626) 500-1212 | devone@nextadvisors.properties

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