2916 Curtis Avenue offers a rare opportunity to acquire a well located four unit apartment building in one of the Peninsulas most consistently strong rental markets with an option to convert the garage into an ADU that could bring $4200 per month in additional income. The property features three 2 bedroom, 1 bath units and one 1 bedroom, 1 bath unit, providing a balanced mix of floor plans that appeal to a wide range of tenants that supports stable occupancy. The property has recently undergone a significant amount of capital improvements including Roof upgrade, sealed with silicone layers | New washer dryer in laundry room with PayRange digital payment system | New 75 gallon, triple braced hot water heater | Fresh paint on building exterior, garage interior | New windows | New electrical panels, moved to hallways from bedroom closets | Raised height of balcony walkway railings to 42 inches, closed off openings, and added handrails | New carpet in units two, three, and four | Crawlspace cleaned out and emptied | As-built existing and proposed four bedroom garage conversion ADU accessory dwellings unit drawings made. These upgrades make the property especially appealing to an investor seeking a low maintenance, easy to manage asset
| MLS # | ML82055075 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1971 |
| Days On Site | 66 |
| Listing Provided By | Marcus & Millichap | Fred Rubio |
| SQ Feet | 4,292 |
|---|---|
| Garage | 4 |
| Story(s) | 2 |
| Building(s) | 1 |
| Zoning | R300S5 |
| Acreage | 0.11 |
| Heating | Electric |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Roof | Flat |
|---|
| Garage Yes / No | Yes |
|---|
| Property | 22210 |
|---|
| State | CA |
|---|---|
| County | San Mateo |
| City | Redwood City |
| Zip Code | 94063 |
| Area | 699 Not Defined |
| Listing VS Median (in 94063) | |
Price: $2,030,000 low | high Med: $1,398,500 sqft: 4,292 low | high Med: 1,015 $ / sqft: $473 low | high Med: $1,379 On site: 66 low | high Med: 12 | |
| State | CA |
|---|---|
| County | San Mateo |
| City | Redwood City |
| Zip Code | 94063 |
| Area | 699 Not Defined |
| Listing VS Median (in 94063) | |
Price: $2,030,000 low | high Med: $1,398,500 sqft: 4,292 low | high Med: 1,015 $ / sqft: $473 low | high Med: $1,379 On site: 66 low | high Med: 12 | |