2800 Devonshire Avenue, Redwood City, CA 94063
Duplex · 2 recorded sales since 2015
Sold June 2020
Listing Agent: Ali Talab (DRE #01299916) · Listing Office: Alliance Bay Realty · Contact: 510-742-6600 · Bought with: Joey Oliva · Omarshall, Inc · MLS #ML81784835 · Source: CRMLS
About this duplex
($54,000 PRICE REDUCTION ). 2 units with 2 different addresses on the same parcel:..2800 Devonshire Ave, (1 bed / 1 ) bath and 140 Dumbarton Ave (1 Bed/1 Bath). ---Great Location, Borderline Atherton and only 5 miles away to Stanford ( Shopping Center and University).------BUY AS AN OWNER OCCUPIED: With 20% Down payment, PITI = $4267month ( - Rental Income 2115) = $2152 / month is your actual cost - 1988 /mth is paid towards your principal = 163.11 /mth. Your Net Cost of Living in the property = $163 / month.---------BUY AS AN INVESTOR: 25% Down payment , Total rental Income = $ 2300 + $2115 = $4415. Your PITI = $4160, = $ 255 /mth/ positive income - 64 /mth garbage = 191 net positive income and start building $1864 / month equity immediately. + appreciation value in the life time of the loan. ACT NOW. IT'S A NO BRAINER.
Listing description from the June 2020 sale, as reported to CRMLS.
Sale history
