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442 Madison Avenue, Redwood City, CA 94061

Commercial property

442 Madison Avenue, Redwood City, CA 94061 Sold August 2023 CRMLS
$1,975,000Sold August 2023

Listing Agent: Robert Johnston (DRE #01853816) · Listing Office: Marcus & Millichap · Contact: (650) 391-1700 · Bought with: Cole Simpson · Marcus & Millichap · MLS #ML81932304 · Source: CRMLS

4,480
Building Sq Ft
10,400 sqft
Lot Size
1949
Year Built
R-4
Zoning
Commercial property
Type

About this commercial property

442 Madison Ave is an exceptional 5-unit value add investment opportunity in the thriving city of Redwood City, California. Situated on a 10,400 square foot parcel of land, the subject property was originally constructed in 1949 and has a gross building area of approximately 4,480 square feet. 442 Madison Ave offers its tenants beautifully designed cottage-style two-bedroom, one-bedroom, and studio floor plans with a detached two-bedroom single family home. Tenants enjoy ample parking from two sizable driveways and three single-car garages. The four buildings are also equipped with five separate PG&E meters and three water meters.

Listing description from the August 2023 sale, as reported to CRMLS.

Sale history

$1,975,000
Sold August 2023 · listed $2,198,000, on market June 2023 · MLS #ML81932304 · Source: CRMLS
Listing Agent: Robert Johnston · Listing Office: Marcus & Millichap · Contact: (650) 391-1700 · Bought with: Cole Simpson · Marcus & Millichap
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