3502 Hoover Street

Redwood City, CA 94063

$1,600,000
Price
Beds
2,298 Sq. Ft.
$696 / Sq. Ft.
2,298
Sq. Ft.
$696
per Sq. Ft.

Description

Welcome to 3502 Hoover St. This unique multi-family home is located in the hearth of the Bay Area! Nestled in Redwood City Friendly Acres neighborhood, with proximity to the New Stanford Campus, Stanford University, Costco, Sigona's Farmers Market and Vibrant Downtown Redwood City. Walk into 4 separate units featuring bright and open interiors, lovely floor plans. The main house with 3Bd/ 2bths along with a 1-car garage. It has an open floor plan, large bedrooms, a laundry area, an updated kitchen...Welcome to 3502 Hoover St. This unique multi-family home is located in the hearth of the Bay Area! Nestled in Redwood City Friendly Acres neighborhood, with proximity to the New Stanford Campus, Stanford University, Costco, Sigona's Farmers Market and Vibrant Downtown Redwood City. Walk into 4 separate units featuring bright and open interiors, lovely floor plans. The main house with 3Bd/ 2bths along with a 1-car garage. It has an open floor plan, large bedrooms, a laundry area, an updated kitchen with quartz countertops, a spacious dining area for those family gatherings and for those chilly nights, there is a cozy fireplace. Additionally, there are 3 studios in the rear, each equipped with laminating flooring, a tall shower, and a gas stove. Each unit has its own gas meter providing convenience and accurate billing. Outside, youll find a beautiful front yard adorned with flowers and fruit trees. Conveniently located in a prime Redwood City neighborhood, this residence provides easy access to schools, parks, shopping, and dining, ensuring a lifestyle of comfort and convenience. A great investment, the perfect residence and opportunity for first time buyer, family or investor! Live in the main house and rent the other units or rent both. Excellent rental income. Will not last!
  1. Listed by Amelia Middel • DRE #01103989 • Brokerage DRE #01908304 • Coldwell Banker Realty • 650-704-3064

Property Details for 3502 Hoover Street

MLS City Name
Redwood City
Building Type
OTHER
Style
Ranch
Garage Spaces
1
Parking Spaces
3
Cross Street
Haven Ave
LISTING UPDATED: 11/15/2024 03:02 PM

Property Details for 3502 Hoover Street

StatusActive
MLS #ML81986780
Days on Compass2
Taxes$13,107 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeOther
MLS TypeRESIDENTIAL INCOME / OTHER
Year Built1939
Lot Size0.17 AC / 7,400 SF
CountySan Mateo County

Building Information for 3502 Hoover Street

Stories1Residences-Year Built1939Lot Size0.17 AC / 7,400 SF

Property Information for 3502 Hoover Street

Features
Room Information
  • Kitchen: Oven Range - Gas, Refrigerator
Features
  • Fireplace: No
  • Flooring: Laminate, Tile, Vinyl / Linoleum, Hardwood
  • Living SqFt: 2298
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Wall Furnace
  • Meters: Master Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Attached Garage, Uncovered Parking
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Dumbarton Etc.
  • Roof: Composition
  • Subclass: Multiple Dwellings / Structures
  • Year Built Source: Assessor
  • Street Number: 3502
  • Street Name: Hoover
  • Street Suffix: Street
  • Area ID: 330
Lot / Property Details
Building Information
  • Number Of Stories: 1
  • Number of Buildings: 1
  • Structure SqFt: 2298
  • Structure SqFt Source: Assessor
  • Age: 85
Development Information
  • Construction Type: Wood Frame
  • Zoning Detail: R20000
Location Information
  • City Limits: Yes
  • Directions: From Page to Haven to Hoover
  • Incorporated: Yes
  • Parcel Number: 055-110-190
  • County Name: San Mateo
  • City Name: Redwood City
  • City Postal ID: 50
  • Postal Code: 94063
  • Elementary School District: 935
  • High School District Text: Sequoia Union High
Lot Information
  • Foundation: Concrete Perimeter and Slab
  • Horse Property: No
  • Lot Acres: .17
  • Lot Description: Grade - Level
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Other
  • Yard Grounds: Other
Multi Family Information
Building Information
  • No Of Leased: 4
General Information
  • Annual Tax Amount: $13,107
  • Capitalization Rate: 4.73
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: None
  • Vacancy Factor: 1
Income / Expense Details
  • Expense Insurance: $1,000
  • Expense Landscape: $400
  • Expense Maintenance: $400
  • Expense Management: $0
  • Expense Trash: $500
  • Expenses Other: $0
  • Expenses Utility: $0
  • Expenses Total: $15,407
  • Operating Expenses Include: None
  • Gross Rent Multiplier: 17.39
  • Income Annual Gross: $91,080
  • Income Annual Rental: $92,000
  • Income Gross Scheduled: $92,000
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 2
  • Unit 1 Number of Bedrooms: 3
Unit 2 Information
  • Unit 2 Approx Square Footage: 300
  • Unit 2 Full Bathrooms: 0
  • Unit 2 Half Bathrooms: 0
  • Unit 2 Rent: $1,700
Unit 3 Information
  • Unit 3 Approx Square Footage: 300
  • Unit 3 Full Bathrooms: 0
  • Unit 3 Rent: $1,700
Unit 4 Information
  • Unit 4 Approx Square Footage: 300
  • Unit 4 Full Bathrooms: 0
  • Unit 4 Rent: $1,650

Property History for 3502 Hoover Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 3502 Hoover Street

Taxable ValueLand$403,074Additions$403,074Total$806,148
Tax Record2024$12,318 ($1,026 / month)
Home Facts
Baths4Total Finished SqFt2,298 SqFtAbove Grade Finished SqFt2,298 SqFtStories1Lot Size7,484 SqFtStyleTriplexYear Built1939ZoningR20000CountySAN MATEOAPN055-110-190Fireplace TypeHas Fireplace

Schools near 3502 Hoover Street

This home is within Redwood City Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Taft Elementary School
PublicK to 5

John F. Kennedy Middle School
Public6 to 8

Sequoia High School
Public9 to 12

Tide Academy
Public9 to 12

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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3502 Hoover Street is for sale in Redwood City, CA 94063. This property was listed for sale on November 15, 2024 by Coldwell Banker Realty, it's currently listed at $1,600,000. It has been on the market for a total of 2 days and was last sold on February 4, 2000. This listing's school districts are Redwood City Elementary School District, Sequoia Union High School District. Nearby schools include Taft Elementary School, John F. Kennedy Middle School and Sequoia High School. 3502 Hoover Street is a 0-bed, 0-bath, 2,298 sqft built in 1939.

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 Coldwell Banker Realty, Amelia Middel, DRE #01103989

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.