2937 Calvin AVE, REDWOOD CITY, CA 94063

MLS# ML81985358
Status: Active

  • $1,988,000

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  • 3866

    Approx. Sq. Ft.
  • 0.1148

    Approx. Lot Size
  • Listing Class: Residential Income (2-4 units)
  • Property Type: Multi Family
  • Year Built: 1962
  • Stories: 2
  • # of Parkings: 4

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    Julie Tsai Law

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    Julie Tsai Law

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    Julie Tsai Law Realty Group partners with you throughout your home search process, providing their expertise and deep knowledge of San Francisco Bay Area’s real estate market to help you find a home you love.

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    Details

    Welcome to 2937 Calvin Avenue, a prime multifamily investment opportunity in Redwood City, where stable income meets exceptional potential. This property is for those who appreciate foresight in real estate.Recent enhancements include a new roof and garage door in 2024, ensuring long term peace of mind and curb appeal. The upstairs units shine with sliding glass doors, inviting abundant natural light. Most units have been recently upgraded, enhancing both comfort and value.The expansive patios are a standout feature, offering the potential to transform into sunrooms. Inside, each unit boasts generous space with the possibility of adding additional bedrooms, to increase rental income.A laundry room with washer/dryer hookups provides an additional revenue source, while the potential to add an Accessory Dwelling Unit (ADU) offers further versatility and income opportunities. With stable, long-term tenants already in place, this property promises a high return on investment with minimal maintenance costs.2937 Calvin Avenue is more than just a property; its a strategic investment in a vibrant community adjacent to the revitalization project along Middlefield Road. Discover the possibilities and secure your future with this exceptional opportunity. Schedule your viewing today!

    Features

    General Features

    • Listing ClassResidential Income (2-4 units)
    • Parcel054-203-140
    • Year Built1962
    • Property TypeMulti Family
    • ZoningR300S5
    • # of Stories2
    • FoundationConcrete Slab
    • Age62
    • Horse PropertyNo

    Interior Features

    • Accessibility FeaturesKitchen Features,Parking,Other
    • Security FeaturesNone

    Utilities & Energy

    • UtilitiesIndividual Electric Meters,Individual Gas Meters,Natural Gas,Public Utilities
    • Sewer/SepticSewer - Public
    • CoolingCeiling Fan
    • WaterPublic
    • HeatingWall Furnace

    Parking

    • Parking Spaces4
    • Parking FeaturesAttached Garage,On Street

    Neighborhood

    Dumbarton Etc.

    Market Conditions

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