$799,999
$769,000
4.0%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
1 Bath
610 SqFt
SOLD DATE : 08/04/2023
Key Details
Sold Price $799,999
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 610 sqft
Price per Sqft $1,311
MLS Listing ID ML81935623
Sold Date 08/04/23
Bedrooms 1
Full Baths 1
Construction Status Fixer
HOA Y/N No
Year Built 1917
Lot Size 5,501 Sqft
Property Description
Attention investors, flippers, builders, developers, and contractors! Are you up to the challenge of transforming this humble shack into a multi-million dollar mansion? A quaint 610 square foot, 1 bedroom, 1 bath bungalow, with "potential, possibilities, and profit" written all over it. A true "fixer upper" property, you can either tear it down to start fresh on a blank canvas with new construction, or expand off the cozy cottage: turning a 1/1 into a more livable 4/2. Or build an entirely new home in front of the existing structure, but preserve the current unit and call it an ADU / granny flat. The 5,500 square foot parcel, with a 60% lot coverage ratio, and 45 foot height limit, means multi-family development is an option. Duplex? Fourplex? or more? This is LITERALLY the only single-family home in all of Redwood City under a million dollars. ARV could be 3x buy price. Offers due Wednesday. Due to condition, cash, hard money / private money, or construction loans are your best bet.
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning R4
Interior
Cooling None
Fireplace No
Exterior
Parking Features Uncovered
Garage Spaces 1.0
Garage Description 1.0
View Y/N No
Roof Type Composition
Attached Garage No
Total Parking Spaces 5
Building
Story 1
Water Public
New Construction No
Construction Status Fixer
Schools
School District Other
Others
Tax ID 053275190
Financing Cash
Special Listing Condition Standard
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Bought with Hank Farzaneh • Bay Area Real Estate Services
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
24251 Town Center Dr Suite 201, Valencia, California, 91355, United States