42 Oakwood Dr, Redwood City, CA 94061

42-46 Oakwood Dr is a stunning 3-unit investment opportunity located in the thriving city of Redwood City, California. Situated on an 8,307-square-foot parcel of land, the subject property was originally constructed in 1949 and has a gross building area of approximately 2,401 square feet. The subject property offers its tenants beautifully designed two-bedroom and one-bedroom floor plans. 42-46 Oakwood Dr has seen recent capital improvements in two of the units including quartz countertops, stainless steel appliances, and hardwood flooring. Additionally, the subject property features a shared brick courtyard, two covered carports with additional on-site parking, a shared storage space, and individual water heaters. 42-46 Oakwood Dr also offers potential value-add opportunities with approved development plans for three ADUs. These ADUs would double the number of units on the property, offering both two-bedroom and one-bedroom floor plans.