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Sold for $3,550,000
  • $3,550,000

    Dumbarton Redwoodcity, Redwood City, CA 94063

    2beds
    2baths
    10,903sqft
    Five Or More Units, Residential Income
    Built in 1962
    -- sqft lot
    $3,737,300 Zestimate®
    $326/sqft
    $3,308 Estimated rent

    Home value

    $3,737,300

    $3.33M - $4.22M

    $3,308/mo

    Zestimate® history
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    What's special

    Corner parcelNew central water heaterShower surroundsGranite countertopsCopper plumbingLvp floorsBathroom vanities
    We are pleased to present the opportunity to acquire 50 Dumbarton Ave, a meticulously maintained property with 10 units. This property has benefited from over 30 years of dedicated ownership, ensuring its excellent condition. Built in 1962, the building spans 10,903 square feet per county record on a 7,700 square foot corner parcel. The unit mix includes 8 two-bedroom/one-bathroom units and 2 studios, offering a versatile living arrangement. The building has copper plumbing and recent capital improvements include a new sewer line, dual pane windows and a new central water heater. Interior upgrades include LVP floors, granite countertops, bathroom vanities and shower surrounds. The property has strong cash flow with 20%+ upside in rents. The property is ideally located close to El Camino Real, providing easy access to transportation and major highways. It is conveniently near Downtown Redwood City, Elco Yards, Downtown Menlo Park, Stanford Shopping Mall, and Stanford University. Additionally, it is in proximity to major corporate headquarters such as Facebook, Google, and Oracle, among many others.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kyle De Mattei 02146792 408-334-3226,

    Magnify Real Estate 877-776-7718,

    David Katz 01971921 408-438-0585

    Bought with:

    David Katz, 01971921

    Magnify Real Estate

    , 02146792

    Magnify Real Estate

    Source: MLSListings Inc,MLS#: ML81984282MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    Heating
    • Gas, Wall Furnace
    Cooling
    • None
    Appliances
    • Laundry: Coin Operated
    Features
    • Flooring: Carpet, Tile, Vinyl Linoleum
    Interior area
    • Total structure area: 10,903
    • Total interior livable area: 10,903 sqft

    Property

    Parking
    • Parking features: Other
    • Has carport: Yes
    Accessibility
    • Accessibility features: Parking
    Lot
    • Size: 7,666 Square Feet
    Details
    • Parcel number: 054283230
    • Zoning: R300S5
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Five Or More Units, Residential Income
    Materials
    • Foundation: Wood Frame
    • Roof: Flat
    Condition
    • Year built: 1962

    Utilities & green energy

    • Gas: IndividualGasMeters
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Water Public

    Community & HOA

    Location
    • Region: Redwood City

    Financial & listing details

    • Price per square foot: $326/sqft
    • Date on market: 10/18/2024
    • Listing agreement: ExclusiveRightToSell
    • Inclusions: Other
    • Lease term: Month To Month

    Price history

    DateEventPrice
    1/16/2025Sold$3,550,000-3.7%$326/sqft
    Source: MLSListings Inc #ML81984282 Report a problem
    1/8/2025Pending sale$3,688,000$338/sqft
    Source: MLSListings Inc #ML81984282 Report a problem
    11/5/2024Contingent$3,688,000$338/sqft
    Source: MLSListings Inc #ML81984282 Report a problem
    10/18/2024Listed for sale$3,688,000$338/sqft
    Source: MLSListings Inc #ML81984282 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Harbor

    Nearby schools

    GreatSchools rating
    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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    Estimated market value
    $3,737,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $3,737,300