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Westside Duplex with Garages

114 Bonita Avenue Redwood City, CA 94061

114 Bonita Avenue, Redwood City, CA, 94061
$1,295,000
For Sale
$1,295,000

Duplex features two 2-bedroom, 1-bath units, each with a private garage, laundry, and yard.

Property Size2,025 SF
Price / SF$639.51
Days on Market34

Property Features for 114 Bonita Avenue

General Information

Standard status
Active
Size
2,025 SF
Property subtype
Multi Family

Building Details

Year Built
1958
Listing agency Golden Gate Sotheby's International Realty
Listed by John Shroyer · License #00613370
Source Exitrealty
Added: Jun 19 Updated: Jul 22 at 9:25AM Checked: Jul 22 at 9:25AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Golden Gate Sotheby's International Realty


Investment Insights

Based on property information with market context.

This Westside duplex offers two separate residential units, each configured with 2 bedrooms and 1 bathroom. Both units include a private garage, in-unit laundry, and a private yard, providing practical day-to-day privacy and functionality.

The property is positioned on the Westside of Redwood City, described as being moments from restaurants, shops, parks, and major commute routes.

As a residential income property, the layout supports self-contained living for each unit with dedicated outdoor and laundry space.

Key Highlights

  • 1958‑built duplex in Redwood City with two separate 2‑bedroom, 1‑bath units
  • Each unit includes a private garage
  • Each unit has its own laundry

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $89.9k $44.40
− Vacancy −$5.8k −$2.89
EGI $84.1k $41.51
− OpEx −$25.2k −$12.45
NOI $58.8k $29.06
2,025 SF · lease $44.40/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$840.7K
$735.6K – $980.8K (±1% cap)
NOI $58,846 @ 7.0% cap · market cap 4.54%
Second Best
Apartment 5plus
$787.4K
$688.9K – $918.6K (±1% cap)
NOI $55,115 @ 7.0% cap · market cap 4.26%
Theoretical Best
Warehouse
$1.61M
$1.41M – $1.88M (±1% cap)
NOI $112,594 @ 7.0% cap · market cap 8.69%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic Barber Shop Grocery & Convenience Store (Bike/Boat/Book/etc) Store Tech Support Center Tattoo & Piercing Shop (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Duplex features two 2-bedroom, 1-bath units, each with a private garage, laundry, and yard.
Where is this duplex located?
The property is located at 114 Bonita Avenue Redwood City, CA.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: 1958‑built duplex in Redwood City with two separate 2‑bedroom, 1‑bath units; Each unit includes a private garage; Each unit has its own laundry
Contact an agent
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