140 Roosevelt Ave

Redwood City, CA 94061

$2,625,000
Last Sold Price
Beds
Baths
4,354 Sq. Ft.
$603 / Sq. Ft.
4,354
Sq. Ft.
$603
per Sq. Ft.

Description

Compass Commercial is pleased to offer this incredible turnkey opportunity located in highly desirable, Redwood City, California. Situated on a 7,470 square-foot parcel of land, the subject property located at 140 Roosevelt Avenue was constructed in 1932 and has a gross building area of 4,354 square feet. This five-unit turnkey apartment complex consists of one (1) two-bedroom/two-bathroom detached single family home in the front, and a fourplex situated in the back with two (2) two-bedroom/one-bathroom...Compass Commercial is pleased to offer this incredible turnkey opportunity located in highly desirable, Redwood City, California. Situated on a 7,470 square-foot parcel of land, the subject property located at 140 Roosevelt Avenue was constructed in 1932 and has a gross building area of 4,354 square feet. This five-unit turnkey apartment complex consists of one (1) two-bedroom/two-bathroom detached single family home in the front, and a fourplex situated in the back with two (2) two-bedroom/one-bathroom units, and two (2) one-bedroom/one-bathroom units. The property has undergone extensive exterior and interior updates, and has been EXTREMELY WELL-MAINTAINED. The units are bright with natural light and each has a locked storage area in the carport. The robust high tech job growth, shortage of housing units, proximity to shopping and public transportation, and core Silicon Valley location make 140 Roosevelt a great opportunity for both the cashflow and appreciation-minded investor.

Listing Agents

  1. Nate Gustavson

    Nate Gustavson

    Listing Agent

    Compass

    DRE #01898316

  2. Cameron Foster

    Cameron Foster

    Alternative Listing Agent

    Compass

    DRE #00972394

Property Details for 140 Roosevelt Avenue

MLS City Name
REDWOOD CITY
Building Type
Other
Garage Spaces
1
Parking Spaces
0
LISTING UPDATED: 02/07/2022 11:39 AM

Property Details for 140 Roosevelt Avenue

StatusSold
MLS #ML81867589
Days on Compass6
Taxes$28,876 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family 5+
MLS Type5+ Units / Five or More Units
Year Built1932
Lot Size0.17 AC / 7,470 SF
CountySan Mateo County

Location

Listing Courtesy of Compass SF, Nate Gustavson, DRE #01898316; Compass SF, Cameron Foster, DRE #00972394

Sold By Terrace Associates, Tom Sudano, DRE #00492698

Add your commute

Building Information for 140 Roosevelt Avenue

Stories-Residences-Year Built1932Building Size-Lot Size0.17 AC / 7,470 SF

Payment Calculator

$16,160 per month

30 year fixed, 6.845% Interest

Principal and Interest

$13,753

Property Taxes

$2,406

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 140 Roosevelt Avenue

Features
Room Information
  • Kitchen: Countertop - Granite, Hood Over Range, Oven Range - Built-In, Gas, Refrigerator
Features
  • Amenities: Walk-in Closet
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Laminate, Tile
  • Laundry: Coin Operated
  • Living SqFt: 4354
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: Ceiling Fan
  • Heating: Central Forced Air, Wall Furnace
  • Meters: Separate Common Area, Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 4
Garage
  • Garage and Parking: Assigned Spaces, Attached Garage, Carport
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 5
  • Area Text: Central Park Etc.
  • Restrictions: None
  • Roof: Composition
  • Stories: 0.0
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 140
  • Street Name: Roosevelt
  • Street Suffix: Avenue
  • Area ID: 333
Lot / Property Details
Building Information
  • Number of Buildings: 2
  • Structure SqFt: 4354
  • Structure SqFt Source: Assessor
  • Age: 89
Development Information
  • Construction Type: Wood Frame
  • Zoning Detail: R4
Location Information
  • City Limits: Yes
  • Parcel Number: 053-094-130
  • 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 Perimeter and Slab
  • Lot Acres: .17
  • 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: 4
General Information
  • Annual Tax Amount: $28,876
  • Capitalization Rate: 3.60
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Laundry
  • Vacancy Factor: 3
Income / Expense Details
  • Expense Insurance: $3,832
  • Expense Landscape: $0
  • Expense Maintenance: $5,000
  • Expense Management: $0
  • Expense Trash: $13,279
  • Expenses Other: $0
  • Expenses Utility: $2,732
  • Expenses Total: $53,719
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Repair, Services - Trash Removal, Utilities
  • Gross Rent Multiplier: 17.25
  • Income Annual Gross: $148,992
  • Income Annual Rental: $147,600
  • Income Gross Scheduled: $153,600
  • Income Other: $6,000
Unit 1 Information
  • Unit 1 Full Bathrooms: 2
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $0
Unit 2 Information
  • Unit 2 Approx Square Footage: 710
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $0
  • Unit 2 Type: Apartment
Unit 3 Information
  • Unit 3 Approx Square Footage: 525
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 1
  • Unit 3 Rent: $0
  • Unit 3 Type: Apartment
Unit 4 Information
  • Unit 4 Rent: $0
Unit Type 1
  • Unit Type1 Approx SqFt: 1022
Listing Info
Rental Info
  • Lease Type: Net

Property History for 140 Roosevelt Avenue

DateEvent & SourcePriceAppreciation
Feb 7, 2022

Sold

RESFAR #81867589

$2,625,000
Feb 7, 2022

Sold

MLSListings #ML81867589

$2,625,000
Feb 7, 2022

Sold

EBRD #ML81867589

$2,625,000
Jan 20, 2022

Sold (Public Record)

Public Record #1483941531

$2,625,000

+12.3% / yr

Oct 27, 2021

Pending

EBRD #ML81867589

Oct 27, 2021

Pending

MLSListings #ML81867589

Oct 27, 2021

Pending

RESFAR #81867589

Oct 21, 2021

Listed (Active)

MLSListings #ML81867589

$2,650,000
Oct 21, 2021

Listed (Active)

RESFAR #81867589

$2,650,000
Oct 21, 2021

Listed (Active)

EBRD #ML81867589

$2,650,000
Jan 31, 2012

Price Change

RESFAR #81047075

$799,000
Sep 30, 2011

Withdrawn

RESFAR #81047075

Jul 14, 2011

Withdrawn

MLSListings #ML81047075

Jul 14, 2011

Withdrawn

EBRD #ML81047075

Mar 31, 2011

Sold (Public Record)

Public Record #307460685

$750,000

-3.9% / yr

Sep 24, 2010

Listed (Active)

MLSListings #ML81047075

$839,000
Sep 24, 2010

Price Change

RESFAR #81047075

$839,000
Sep 24, 2010

Listed (Active)

EBRD #ML81047075

$839,000
Sep 24, 2010

Listed (Active)

RESFAR #81047075

$799,000
Dec 30, 2006

Withdrawn

RESFAR #80648086

Nov 17, 2006

Sold

MLSListings #ML80657195

$840,000
Nov 17, 2006

Sold

EBRD #ML80657195

$840,000
Nov 17, 2006

Sold

RESFAR #80657195

$840,000
Nov 13, 2006

Sold (Public Record)

Public Record #209902266

$893,500
Oct 30, 2006

Pending

RESFAR #80657195

Oct 30, 2006

Pending

EBRD #ML80657195

Oct 30, 2006

Pending

MLSListings #ML80657195

Sep 11, 2006

Listed (Active)

EBRD #ML80657195

$899,000
Sep 11, 2006

Withdrawn

MLSListings #ML80648086

Sep 11, 2006

Listed (Active)

MLSListings #ML80657195

$899,000
Sep 11, 2006

Withdrawn

EBRD #ML80648086

Sep 11, 2006

Listed (Active)

RESFAR #80657195

$899,000
Aug 1, 2006

Listed (Active)

RESFAR #80648086

$950,000
Aug 1, 2006

Listed (Active)

EBRD #ML80648086

$950,000
Aug 1, 2006

Listed (Active)

MLSListings #ML80648086

$950,000
DateEvent & SourcePrice
02/07/2022

Sold

RESFAR #81867589

$2,625,000
02/07/2022

Sold

MLSListings #ML81867589

$2,625,000
02/07/2022

Sold

EBRD #ML81867589

$2,625,000
01/20/2022

Sold (Public Record)

Public Record #1483941531

$2,625,000

+12.3% / yr

10/27/2021

Pending

EBRD #ML81867589

10/27/2021

Pending

MLSListings #ML81867589

10/27/2021

Pending

RESFAR #81867589

10/21/2021

Listed (Active)

MLSListings #ML81867589

$2,650,000
10/21/2021

Listed (Active)

RESFAR #81867589

$2,650,000
10/21/2021

Listed (Active)

EBRD #ML81867589

$2,650,000
01/31/2012

Price Change

RESFAR #81047075

$799,000
09/30/2011

Withdrawn

RESFAR #81047075

07/14/2011

Withdrawn

MLSListings #ML81047075

07/14/2011

Withdrawn

EBRD #ML81047075

03/31/2011

Sold (Public Record)

Public Record #307460685

$750,000

-3.9% / yr

09/24/2010

Listed (Active)

MLSListings #ML81047075

$839,000
09/24/2010

Price Change

RESFAR #81047075

$839,000
09/24/2010

Listed (Active)

EBRD #ML81047075

$839,000
09/24/2010

Listed (Active)

RESFAR #81047075

$799,000
12/30/2006

Withdrawn

RESFAR #80648086

11/17/2006

Sold

MLSListings #ML80657195

$840,000
11/17/2006

Sold

EBRD #ML80657195

$840,000
11/17/2006

Sold

RESFAR #80657195

$840,000
11/13/2006

Sold (Public Record)

Public Record #209902266

$893,500
10/30/2006

Pending

RESFAR #80657195

10/30/2006

Pending

EBRD #ML80657195

10/30/2006

Pending

MLSListings #ML80657195

09/11/2006

Listed (Active)

EBRD #ML80657195

$899,000
09/11/2006

Withdrawn

MLSListings #ML80648086

09/11/2006

Listed (Active)

MLSListings #ML80657195

$899,000
09/11/2006

Withdrawn

EBRD #ML80648086

09/11/2006

Listed (Active)

RESFAR #80657195

$899,000
08/01/2006

Listed (Active)

RESFAR #80648086

$950,000
08/01/2006

Listed (Active)

EBRD #ML80648086

$950,000
08/01/2006

Listed (Active)

MLSListings #ML80648086

$950,000

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

Public Records for 140 Roosevelt Avenue

Taxable ValueLand$1,976,760Additions$754,290Total$2,731,050
Tax Record2024$26,639 ($2,220 / month)
Home Facts
Baths5Total Finished SqFt4,354 SqFtAbove Grade Finished SqFt4,354 SqFtStories2Lot Size7,475 SqFtStyleMulti-Family Res (5+ Units)Year Built1932CountySAN MATEOAPN053-094-130Fireplace TypeHas Fireplace

Schools near 140 Roosevelt Avenue

This home is within Redwood City Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 6 to 8
Public - 9 to 12
Public - 3 to 8
Rating
School
Distance
Roosevelt Elementary School
PublicK to 8

John F. Kennedy Middle School
Public6 to 8

Sequoia High School
Public9 to 12

North Star Academy
Public3 to 8

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.

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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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass SF, Nate Gustavson, DRE #01898316; Compass SF, Cameron Foster, DRE #00972394

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.