Under Contract

1502 Ebener ST

REDWOOD CITY CA, 94061

$2,580,000


$356.45 per sqft

Under Contract

7,238 sqft

Multi-family

Built in 1960

Listed by Compass, Nathan Gustavson, Cameron Foster Listing Contact: 4157869410

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.

ML81953441

MLS ID

April 15, 2024

Listed

April 16, 2024

Updated

Map

1502 Ebener ST
REDWOOD CITY CA, 94061

Interior Features

Interior Features

Hardwood, Laminate, Tile


Floor Description

Hardwood, Laminate, Tile


Fireplace

No


Cooling

Yes


Cooling Description

Ceiling Fan(s)


Heating

Yes


Heating Description

Central, Electric, Forced Air

Exterior/Building Features

Lot Size

0.2 Acres


Roof

Composition, Shingle


Sewer

Public Sewer

School Information

School District

935


High School

Sequoia High


Elementary School

Hawes Elementary

Other Property Details

Area Name

Central Park Etc.


Garage

No


View

No


County

San Mateo


Water Source

Public


Pool

No


Zoning

R-4


Buyer Agency Compensation

2.25%

Listing History

Date

Event

Price

4/15/2024

Under Contract

Listed by Compass, Nathan Gustavson, Cameron Foster
Listing Contact: 4157869410 

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Data last updated 12:10 AM UTC, 4/16/2024

 

 

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