1179-1181 King Street

Redwood City, CA 94061

$1,628,000
Price
Beds
1,850 Sq. Ft.
$880 / Sq. Ft.
1,850
Sq. Ft.
$880
per Sq. Ft.

Description

Welcome to 1179-1181 King Street, an impeccably updated duplex in Redwood City's heart. This recently renovated property presents an exceptional opportunity for homeowners and investors, boasting a perfect blend of modern comfort and lucrative income potential. Each unit within this duplex has been thoughtfully updated, ensuring a seamless transition into contemporary living. The renovations, completed in 2020, showcase a harmonious fusion of style and functionality, creating spaces that are both...Welcome to 1179-1181 King Street, an impeccably updated duplex in Redwood City's heart. This recently renovated property presents an exceptional opportunity for homeowners and investors, boasting a perfect blend of modern comfort and lucrative income potential. Each unit within this duplex has been thoughtfully updated, ensuring a seamless transition into contemporary living. The renovations, completed in 2020, showcase a harmonious fusion of style and functionality, creating spaces that are both inviting and practical. Both units feature two bedrooms and one bathroom, offering comfortable living arrangements for various lifestyles. Whether you're looking to accommodate a growing family or seeking an attractive rental opportunity, these units provide versatility and charm. Beyond the living quarters, each unit includes a garage, providing convenient parking and additional storage space, a coveted amenity in this bustling neighborhood.

Property Details for 1179-1181 King Street

MLS City Name
REDWOOD CITY
Building Type
DUPLEX
Garage Spaces
2
Parking Spaces
0

Location

Listing Courtesy of KW Advisors, The Laugesen Team, DRE #70010005
Add your commute
LISTING UPDATED: 05/07/2024 09:05 PM

Property Details for 1179-1181 King Street

StatusActive
MLS #ML81964451
Days on Compass13
Taxes$21,575 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / DUPLEX
Year Built1952
Lot Size0.09 AC / 3,990 SF
CountySan Mateo County

Location

Listing Courtesy of KW Advisors, The Laugesen Team, DRE #70010005
Add your commute

Building Information for 1179-1181 King Street

Stories1Residences2Year Built1952Building Size-Lot Size0.09 AC / 3,990 SF

Payment Calculator

$10,683 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,885

Property Taxes

$1,798

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1179-1181 King Street

Features
Features
  • Fireplace: No
  • Flooring: Laminate
  • Living SqFt: 1850
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: Central AC
  • Heating: Central Forced Air, Forced Air
  • Meters: Master Electric, Master Gas, Master Water
  • Sewer Septic: Sewer - Public
  • Utilities: Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 2
Garage
  • Garage and Parking: Attached Garage, Common Parking Area, On Street
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Central Park Etc.
  • Roof: Shingle
  • Subclass: Duplex
  • Year Built Source: Assessor
  • Street Number: 1179-1181
  • Street Name: King
  • Street Suffix: Street
  • Area ID: 333
Lot / Property Details
Building Information
  • Number Of Stories: 1
  • Number of Buildings: 1
  • Structure SqFt: 1850
  • Structure SqFt Source: Assessor
  • Age: 72
Development Information
  • Zoning Detail: R20000
Location Information
  • Parcel Number: 058-239-200
  • County Name: San Mateo
  • City Name: REDWOOD CITY
  • City Postal ID: 50
  • Postal Code: 94061
  • Elementary School District: 935
  • High School District Text: Sequoia Union High
Lot Information
  • Foundation: Concrete Slab
  • Horse Property: No
  • Lot Acres: .09
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 1
General Information
  • Annual Tax Amount: $21,575
  • Building Unit Total: 2
  • Capitalization Rate: 1.99
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Water
  • Income Includes: Lease
  • Vacancy Factor: 18
Income / Expense Details
  • Expense Insurance: $122
  • Expense Landscape: $0
  • Expense Maintenance: $0
  • Expense Management: $8,500
  • Expense Trash: $287
  • Expenses Other: $0
  • Expenses Utility: $0
  • Expenses Total: $30,484
  • Operating Expenses Include: Fee - Property Management
  • Gross Rent Multiplier: 21.23
  • Income Annual Gross: $62,878
  • Income Annual Rental: $76,680
  • Income Gross Scheduled: $76,680
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $3,195
Unit 2 Information
  • Unit 2 Approx Square Footage: 924
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
Unit Type 1
  • Unit Type1 Approx SqFt: 921

Property History for 1179-1181 King Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1179-1181 King Street

This home is within Redwood City Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 5 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Roosevelt Elementary School
PublicK to 8

John F. Kennedy Middle School
Public5 to 8

Woodside High School
Public9 to 12

Rocketship Redwood City
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1179-1181 King Street is a multi-family home for sale in Redwood City, CA 94061. This property was listed for sale on May 6, 2024 by KW Advisors, it's currently listed at $1,628,000. This listing's school districts are Redwood City Elementary School District, Sequoia Union High School District. Nearby schools include Roosevelt Elementary School, John F. Kennedy Middle School and Woodside High School. 1179-1181 King Street is a 0-bed, 0-bath, 1,850 sqft multi-family home built in 1952.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KW Advisors, The Laugesen Team, DRE #70010005

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.