$860,000
$895,000
3.9%For more information regarding the value of a property, please contact us for a free consultation.
2800 Devonshire AVE Redwood City, CA 94063
1,140 SqFt
Key Details
Sold Price $860,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,140 sqft
Price per Sqft $754
MLS Listing ID ML81784835
Sold Date 06/01/20
HOA Y/N No
Year Built 1951
Annual Tax Amount $10,787
Lot Size 3,598 Sqft
Acres 0.0826
Property Description
($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.
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning R300S5
Interior
Heating Wall Furnace
Cooling None
Flooring Laminate
Fireplace No
Exterior
Garage Carport, Uncovered
Utilities Available Natural Gas Available
View Y/N No
Roof Type Shingle
Accessibility None
Parking Type Carport, Uncovered
Total Parking Spaces 4
Building
Story 1
Foundation Slab
Sewer Public Sewer
Water Public
Schools
School District Other
Others
Tax ID 054282240
Financing Conventional
Special Listing Condition Standard
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Bought with Joey Oliva • Omarshall, Inc