1209-1213 Reese St
Redwood City, CA 94061
Multifamily Property For Sale
·
2 Units
Property Facts
| No. Units | 2 | Building Size | 2,483 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1955 |
| Building Class | C | Parking Ratio | 1.21/1,000 SF |
| Lot Size | 0.12 AC | ||
| Zoning | R2, Redwood City | ||
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 2,483 SF |
| Average Occupancy | 95% |
| No. Stories | 1 |
| Year Built | 1955 |
| Parking Ratio | 1.21/1,000 SF |
| Zoning | R2, Redwood City |
Amenities
Unit Amenities
- Fireplace
About 1209-1213 REESE ST , REDWOOD CITY, CA 94061
Opportunity for investor or owner occupant looking to live in one and rent the other. This charming west side duplex with recent upgrades to foundation and new roof, features double paned windows updated kitchen and baths, fireplaces and a spacious entry courtyard. 3 bedroom unit has private backyard with storage area and 2 bedroom unit has private garage. Both units have laundry areas and individually metered. Tenant pays all utilities and are month to month. Reese is a quiet, dead end street. Units are in great shape and rents are under market. Current rents of $2400 and $2050 on month to month tenants. Market rents are $2900 for 2/1 and $3500 for 3/1. Cap and GRM reflected are pro-forma based on these numbers. Foundation and Roof work completed in the last 30 days. Full disclosure package with reports available upon request. Tenant occupied - call for showing - need 48 hour notice.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | - | - |
Property Taxes
| Parcel Number | 053-262-160 | Improvements Assessment | $455,130 |
| Land Assessment | $1,137,827 | Total Assessment | $1,592,957 |
Property Taxes
