Duplex with Private Outdoor
For Sale
$1,498,000
1337 Junipero AVE, Redwood City, CA 94061
Each residence has two bedrooms, one bathroom, a living room, and its own outdoor area.
Property Size2,190 SF
Days on Market8
Property Features for 1337 Junipero AVE
General Information
Standard status
Active
Size
2,190 SF
Property subtype
Duplex
Property Condition
Severity
Repairs Needed
Evidence
fixer-upper
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Building Details
Building Size
2,190 SF
Year Built
1965
Listing Agency:
Compass
Listed By:
Costantini Team · License #70010227
(650) 722-9502
Source:
Lynnnorth
Added: Oct 7
Changed: Oct 14
Last Checked: Oct 13 at 2:24AM
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 Compass
Investment Insights
Based on property information with market context.
This duplex contains two residences, each arranged with 2 bedrooms, 1 bathroom, and a living room. The front unit has a front yard, while the rear unit opens to a backyard. Built in 1965, the property is described as a fixer-upper, with updates anticipated.
The property is near Roosevelt and Woodside Plaza, with shopping, dining, and neighborhood amenities in the surrounding area.
The property is near Roosevelt and Woodside Plaza, with shopping, dining, and neighborhood amenities in the surrounding area.
Key Highlights
- Two residences, each with 2 bedrooms and 1 bathroom
- Front unit includes a front yard; rear unit has a backyard
- Built in 1965
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,641
Cap Rate
4.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,272,820
$1.3M
Cap Rate 7%
$909,157
$909.2K
Cap Rate 9%
$707,122
$707.1K
Market Conditions
NOI Build-Up for 2,190 SF
Gross rent
$97.2K $44.40/SF
− Vacancy
−$6.3K −$2.89/SF
EGI
$90.9K $41.51/SF
− OpEx
−$27.3K −$12.45/SF
NOI
$63.6K $29.06/SF
Area
San Mateo County, CA
Vacancy
6.50%
Lease Rate
$44.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,272,820
Cap Rate 7%
$909,157
Cap Rate 9%
$707,122
Alternative Uses
Best Use
Multifamily LT 5
$909.2K
$795.5K – $1.06M
NOI $63,641 @ 7.0% cap · market cap 4.25%
Second Best
Apartment 5plus
$851.5K
$745.1K – $993.4K
NOI $59,605 @ 7.0% cap · market cap 3.98%
Theoretical Best
Warehouse
$1.74M
$1.52M – $2.03M
NOI $121,768 @ 7.0% cap · market cap 8.13%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
665
Businesses Nearby
Explore this area
Business Placement
Demographics for 94061, CA
36,704
Population
14,122
Households
2.6
Avg Household Size
38
Median Age
51%
College-Educated
87%
High-School Grad
3.9 sq mi
ZIP Area
9,411
Density / Sq Mi
$141,599
Median Household Income
$66,388
Median Earnings
$2,818
Median Rent
$1,938,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Each residence has two bedrooms, one bathroom, a living room, and its own outdoor area.
Where is this duplex located?
The property is located at 1337 Junipero AVE Redwood City, CA.
What is the asking price?
The asking price for this property is $1,498,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 bathroom; Front unit includes a front yard; rear unit has a backyard; Built in 1965
