Excellent investment opportunity in a great location with reliable tenants. Situated on a quiet street, this property is within walking distance of downtown Redwood City. Three units have been remodeled, featuring new kitchens, updated bathrooms, double-pane windows, and individual meters. Each unit offers a private yard and a secured, separate storage room. Annual gross income exceeds $100,000. Redwood City is a sought-after destination for Silicon Valley employers and residents, including companies like Google, Oracle, and Stanford.
Sold for $1,830,000
$1,830,000
720 Elm St, Redwood City, CA 94063
4beds
3baths
3,102sqft
Triplex, Residential Income
Built in 1938
-- sqft lot
$-- Zestimate®
$590/sqft
$4,071 Estimated rent
Home value
Not available
Estimated sales range
Not available
$4,071/mo
Zestimate® history
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List your homeWhat's special
Private yardQuiet streetNew kitchensUpdated bathroomsSecured separate storage roomDouble-pane windows
Zillow last checked:
Listing updated:
Listed by:
Karen Fangfang Xu 01783775 408-859-7539,
Century 21 Anew Realty 408-963-6706
Bought with:
Ed Karzai, 01801399
Keller Williams Realty-Silicon Valley
Source: MLSListings Inc,MLS#: ML81984144
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Heating
- Central Forced Air Gas
Cooling
- Gas
Appliances
- Laundry: Coin Operated
Features
- Flooring: Hardwood, Tile
Interior area
- Total structure area: 3,102
- Total interior livable area: 3,102 sqft
Property
Parking
- Total spaces: 3
- Parking features: Carport
- Carport spaces: 3
Accessibility
- Accessibility features: Bathroom Features, Accessible Kitchen, Parking
Features
- Stories: 2
Lot
- Size: 5,000 Square Feet
Details
- Parcel number: 053242090
- Zoning: R1
- Special conditions: Standard
- Horses can be raised: Yes
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Residential Income
Materials
- Foundation: Concrete Perimeter and Slab
- Roof: Composition
Condition
- Year built: 1938
Utilities & green energy
- Gas: PublicUtilities
- Sewer: Shared Septic
- Water: Public
- Utilities for property: Public Utilities, Water Public
Community & HOA
Location
- Region: Redwood City
Financial & listing details
- Price per square foot: $590/sqft
- Tax assessed value: $2,034,433
- Annual tax amount: $22,396
- Date on market: 1/30/2025
- Listing agreement: ExclusiveRightToSell
- Inclusions: Building, OvenRangeAllUnits
- Lease term: 12 Months
Price history
| Date | Event | Price |
|---|---|---|
| 6/23/2025 | Sold | $1,830,000-3.2%$590/sqft |
Source:  MLSListings Inc #ML81984144 Report a problem | ||
| 5/13/2025 | Pending sale | $1,890,000$609/sqft |
Source: MLSListings Inc #ML81984144 Report a problem | ||
| 1/30/2025 | Listed for sale | $1,890,000-13.6%$609/sqft |
Source: MLSListings Inc #ML81984144 Report a problem | ||
| 5/29/2023 | Listing removed | -- |
Source:  MLSListings Inc #ML81928340 Report a problem | ||
| 5/16/2023 | Listed for sale | $2,188,000+0.9%$705/sqft |
Source: MLSListings Inc #ML81928340 Report a problem | ||
| 1/1/2022 | Listing removed | -- |
Source: MLSListings Inc Report a problem | ||
| 5/29/2021 | Listed for sale | $2,168,000+21.3%$699/sqft |
Source: MLSListings Inc #ML81846501 Report a problem | ||
| 2/13/2018 | Sold | $1,788,000-0.7%$576/sqft |
Source: Public Record Report a problem | ||
| 11/7/2017 | Listing removed | $1,800,000$580/sqft |
Source: Real Estate EBroker #ML81670128 Report a problem | ||
| 8/26/2017 | Price change | $1,800,000+0.7%$580/sqft |
Source: Real Estate EBroker #ML81670128 Report a problem | ||
| 8/2/2017 | Pending sale | $1,788,000$576/sqft |
Source: Real Estate EBroker #ML81670128 Report a problem | ||
| 7/15/2017 | Listed for sale | $1,788,000+3.5%$576/sqft |
Source: Real Estate EBroker #ML81670128 Report a problem | ||
| 11/5/2016 | Listing removed | $1,728,000$557/sqft |
Source: Real Estate EBroker #ML81611992 Report a problem | ||
| 8/28/2016 | Listed for sale | $1,728,000+77.2%$557/sqft |
Source: Real Estate EBroker #ML81611992 Report a problem | ||
| 1/5/2015 | Listing removed | $975,000$314/sqft |
Source: Keller Williams Peninsula Estates #ML81440224 Report a problem | ||
| 1/1/2015 | Pending sale | $975,000$314/sqft |
Source: Keller Williams Peninsula Estates #ML81440224 Report a problem | ||
| 1/1/2015 | Listed for sale | $975,000-11.4%$314/sqft |
Source: Keller Williams - Peninsula Estates #ML81440224 Report a problem | ||
| 12/23/2014 | Sold | $1,100,000+12.8%$355/sqft |
Source: Public Record Report a problem | ||
| 12/6/2014 | Pending sale | $975,000$314/sqft |
Source: Keller Williams Peninsula Estates #ML81440224 Report a problem | ||
| 12/4/2014 | Listed for sale | $975,000$314/sqft |
Source: Keller Williams - Peninsula Estates #ML81440224 Report a problem | ||
| 11/20/2014 | Pending sale | $975,000$314/sqft |
Source: Keller Williams Peninsula Estates #ML81440224 Report a problem | ||
| 10/20/2014 | Listed for sale | $975,000+54.8%$314/sqft |
Source: Keller Williams - Peninsula Estates #ML81440224 Report a problem | ||
| 7/23/2014 | Sold | $630,000-29.6%$203/sqft |
Source: Public Record Report a problem | ||
| 8/5/2005 | Sold | $894,500+198.2%$288/sqft |
Source: Public Record Report a problem | ||
| 1/21/1998 | Sold | $300,000$97/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $22,396 +1.1% | $2,034,433 +2% |
| 2024 | $22,147 +1.5% | $1,994,543 +2% |
| 2023 | $21,811 +4.9% | $1,955,436 +2% |
| 2022 | $20,784 +1% | $1,917,095 +2% |
| 2021 | $20,581 +1.4% | $1,879,506 +1% |
| 2020 | $20,305 +0.4% | $1,860,235 +2% |
| 2019 | $20,230 +57.4% | $1,823,760 +57% |
| 2018 | $12,849 +1.1% | $1,161,890 +2% |
| 2017 | $12,710 +1.6% | $1,139,108 +2% |
| 2016 | $12,507 +57.9% | $1,116,774 +1.5% |
| 2015 | $7,920 | $1,100,000 +52.8% |
| 2014 | $7,920 | $720,000 +1.4% |
| 2013 | -- | $710,000 +29.1% |
| 2012 | -- | $550,000 |
| 2011 | -- | $550,000 -41.9% |
| 2010 | -- | $946,998 -0.2% |
| 2009 | -- | $949,248 +2% |
| 2008 | -- | $930,636 +2% |
| 2007 | -- | $912,390 +2% |
| 2006 | -- | $894,500 +155.2% |
| 2005 | -- | $350,525 +4% |
| 2004 | -- | $336,916 +1.9% |
| 2003 | -- | $330,742 +2% |
| 2002 | -- | $324,258 +2% |
| 2001 | -- | $317,901 +2% |
| 2000 | -- | $311,668 |
Find assessor info on the county website
Neighborhood: Stambaugh-Heller
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Nearby schools
GreatSchools rating
- 5/10Hoover Elementary SchoolGrades: K-8Distance: 0.5 mi
- 7/10Sequoia High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- District: RedwoodCityElementary
Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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