Seller Financing Available! Welcome to 1172 Clinton Street, a well-maintained 4-unit residential property in the heart of Redwood City. Each unit is a spacious 2-bedroom, 1-bathroom layout, providing an ideal living space for tenants seeking comfort and convenience. Unit 2 will be delivered vacant. Every unit comes with its own… Read More covered carport parking space, ensuring off-street parking for tenants. Additionally, each unit features a private deck or patio. The property is separately metered for gas and electricity, which provides individual control for tenants' utility usage, while the owner is responsible for covering the water, sewer, and garbage expenses. The property includes an on-site laundry facility, adding convenience and additional value for tenants. With a low-maintenance setup, this property is poised for steady rental income and long-term value appreciation. Its location in Redwood City, a growing and highly desirable area in Silicon Valley, enhances its appeal to potential renters, making it a strong and stable investment for any real estate portfolio. Read Less
Courtesy of Marcus & Millichap, Sam Runco 650-759-3414
Listing Snapshot
Days Online
75
Last Updated
Property Type
Fourplex
Square Ft.
3,430
Lot Size
0.13 Acres
Year Built
1955
MLS Number
ML82002109
30 Days Snapshot Of 94061
$2.05M
+5%
(avg) sold price
24
+50%
homes sold
20
+33%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 5693.00, Max Area Units: Square Feet
Unit One
2 bedrooms in unit 1, Unit 1: approximately 800 square feet, Unit 1 rent: $1,700
Unit Two
2 bedrooms in unit 2, Unit 2: approximately 800 square feet, Unit 2 rent: $2,900
Unit Three
2 bedrooms in unit 3, Unit 3: approximately 800 square feet, Unit 3 rent: $2,000
Unit Four
2 bedrooms in unit 4, Unit 4: approximately 800 square feet, Unit 4 rent: $1,650
Accessibility Features
None
Building
Built in 1955, 4 building units, 1 building, 3,430 structure square feet
Roof
Shingle
Utilities
Other
Sewer
Other
Security Features
None
Heating
Wall Furnace
Cooling
None
Foundation
Other
Water Features
Other
Miscellaneous
Vacancy factor: 3
Tenant Pays
Utilities - Electric, Utilities - Gas
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