256167 El Camino Real, Redwood City, CA 94061
San Mateo County
Key Facts
Description
Rare mixed-use investment opportunity featuring two ground-floor retail/commercial spaces and multiple residential units. The commercial spaces consist of approximately 1,650 sq.ft. and 1,500 sq.ft., offering excellent visibility and flexibility for a variety of business uses. The residential component includes one upstairs 2-bedroom/1-bath unit, one upstairs 1-bedroom/1-bath unit, and two downstairs non-conforming 1-bedroom/1-bath units. The property offers 13 on-site parking spaces and benefits from convenient access from two streets, providing excellent accessibility for both commercial and residential tenants. An outstanding opportunity for investors seeking diversified income potential in a mixed-use asset.
Property Information
Property Type
Residential Income
Sub-Type
Mixed Use
Year Built
1954
Stories
2
Living Area
6,385 sq ft
Lot Size
0.32 acres
Parking Spaces
13
Zoning
C2 & R3
MLS® Listing#
ML82049992
Property Features
Heating
Sewer
Water Source
Financial Details
HOA
None
Annual Taxes
$37,200
Parcel Number
054261290
Affordability Calculator
$800,000
Estimated monthly payment
$21,290/mo
Principal $3,200,000 · Est. interest $4,464,285 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Redwood City, CA
- $741,065
- Median Listing Price
- 51
- Median Days on Market
- 1,650
- Median Sq Ft
- $486
- Median Price / Sq Ft
- 2,075
- Active Listings
- This home’s price is 440% above the area median.
- Its price per sq ft is 29% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Redwood City, CA.
Location
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Points of Interest in Redwood City, CA
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Similar Home Values
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| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 870 Gold Flat Road, Nevada City, CA | $2,850,000 | — | — | 29,088 |
| 11645 Woodbridge Street, Studio City, CA | $2,850,000 | 5 | 7 | 4,579 |
| 68980 Via Eytel, Cathedral City, CA | $2,895,000 | — | — | 8,000 |
| 2025 Jefferson Avenue, Redwood City, CA | $2,895,000 | 3 | 3 | 2,130 |
| 3977 Oeste Avenue, Studio City, CA | $2,895,000 | 3 | 3 | 3,190 |
| 643 Vista Drive, Redwood City, CA | $2,950,000 | 4 | 3 | 2,800 |
Moving Cost Estimate
EXIT Agents in Redwood City
Listing Courtesy: Goodview Financial & Real Estate - 4086219920
Presented by: Ying Wei
Licensed in the state of California.