2937 Calvin Avenue

Redwood City, CA 94063

$1,988,000

List Price

N/A

bed Beds

shower Baths

3,866 sqft

straighten / sqft

1962

calendar_month Built

Property Description

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!

Listing Information

List Price $1,988,000
Status Active
MLS ML81985358
Type Residential Income
Subtype Quadruplex
Year Built 1962
Lot Size 5,000
Structure Size 3,866
Courtesy Of Compass
Listing Agent Juan De Leon DRE#01383120
Co-Listing Agent Nancy Shen DRE#02072962

Interior Features

Total Bedroom
Bedrooms N/A

Exterior Information

Maps

Listing information courtesy of: Juan De Leon, Nancy Shen, Compass 415-305-6275. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 31st, 2024 at 4:34 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.