Detached Multifamily
New
For Sale
$1,950,888
3410 Rolison Rd, Redwood City, CA 94063
Interior features include ceiling fans and natural gas.
Property Size2,992 SF
Price / SF$652.03
Days on Market6
Property Features for 3410 Rolison Rd
General Information
Standard status
Active
Size
2,992 SF
Property subtype
Residential Income
Amenities
Other
Ceiling Fan(s)
Natural Gas
Detached
Building Details
Building Size
2,992 SF
Year Built
1964
Listed By:
Jaime Raul Gonzalez
(510) 862-6716
Source:
Evrealestate
Added: Oct 2
Changed: Oct 7
Last Checked: Oct 5 at 6:14PM
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 Jaime Raul Gonzalez
Investment Insights
Based on property information with market context.
This detached multifamily property contains 2,992 square feet and was built in 1964. Interior features include ceiling fans and natural gas. The property is in Redwood City, San Mateo County.
Key Highlights
- 2,992 square feet of multifamily space
- Built in 1964
- Detached building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$81,434
Cap Rate
4.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,628,680
$1.6M
Cap Rate 7%
$1,163,343
$1.2M
Cap Rate 9%
$904,822
$904.8K
Market Conditions
NOI Build-Up for 2,992 SF
Gross rent
$156.2K $52.20/SF
− Vacancy
−$8.1K −$2.71/SF
EGI
$148.1K $49.49/SF
− OpEx
−$66.6K −$22.27/SF
NOI
$81.4K $27.22/SF
Area
San Mateo County, CA
Vacancy
5.20%
Lease Rate
$52.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,628,680
Cap Rate 7%
$1,163,343
Cap Rate 9%
$904,822
Alternative Uses
Best Use
Apartment 5plus
$1.16M
$1.02M – $1.36M
NOI $81,434 @ 7.0% cap · market cap 4.17%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$2.38M
$2.08M – $2.77M
NOI $166,361 @ 7.0% cap · market cap 8.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,381
Businesses Nearby
Explore this area
Business Placement
Demographics for 94063, CA
35,836
Population
12,162
Households
2.9
Avg Household Size
34
Median Age
35%
College-Educated
74%
High-School Grad
6.5 sq mi
ZIP Area
5,513
Density / Sq Mi
$115,528
Median Household Income
$50,960
Median Earnings
$2,802
Median Rent
$1,077,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Interior features include ceiling fans and natural gas.
Where is this multifamily property located?
The property is located at 3410 Rolison Rd Redwood City, CA.
What is the asking price?
The asking price for this property is $1,950,888.
What are key features of this property?
This property features: 2,992 square feet of multifamily space; Built in 1964; Detached building
