Two-Unit Residential
New
For Sale
$1,500,000
1440 Valota RD, Redwood City, CA 94061
Residential Income (2-4 units), REDWOOD CITY, CA
Property Size1,620 SF
Lot Size0.21 Acres
Price / SF$925.93
Days on Market1
Property Features for 1440 Valota RD
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R20000
Bedrooms
4
Rooms
Bedroom 1, Bedroom 4, Bedroom 3, Bedroom 2
Parking features
Garage - Attached
Appliances
Oven Range - Gas, Refrigerator
Subdivision
Central Park Etc.
Standard status
Active
Size
1,620 SF
Lot size
0.21 Acres
Utilities
Heating system
Wall Furnace
Water source
Public
Building Details
Year built
1957
Number of units
2
Flooring type
Hardwood
Roof type
Composition
Listing Agency:
Christie's International Real Estate Sereno
(650) 486-1555
Listed By:
Laura Bertolacci · License #00868180
(650) 575-3822
Added: Sep 25
Last Checked: Sep 25 at 9:06PM
MLS# ML82062675
Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 1957, this duplex contains two residences, each with two bedrooms, one bathroom, laundry hookups, and a private one-car garage. The front unit has refinished hardwood floors, fresh interior paint, a bathroom with a new vanity, and a gas range. Exterior paint has also been refreshed. The rear residence includes a deck and fenced backyard.
The property occupies a 9,172-square-foot lot near Woodside Plaza in Redwood City. Its 1,620 square feet of building area is zoned R20000.
The property occupies a 9,172-square-foot lot near Woodside Plaza in Redwood City. Its 1,620 square feet of building area is zoned R20000.
Key Highlights
- Two residences, each with 2 bedrooms and 1 bathroom
- 1,620‑square‑foot building on a 9,172‑square‑foot lot
- Each unit has laundry hookups and a private 1‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$47,077
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.14%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$941,540
$941.5K
Cap Rate 7%
$672,529
$672.5K
Cap Rate 9%
$523,078
$523.1K
Market Conditions
NOI Build-Up for 1,620 SF
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.
Gross rent
$71.9K $44.40/SF
− Vacancy
−$4.7K −$2.89/SF
EGI
$67.3K $41.51/SF
− OpEx
−$20.2K −$12.45/SF
NOI
$47.1K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$941,540
Cap Rate 7%
$672,529
Cap Rate 9%
$523,078
Alternative Uses
Best Use
Multifamily LT 5
$672.5K
$588.5K – $784.6K
NOI $47,077 @ 7.0% cap · market cap 3.14%
Second Best
Apartment 5plus
$629.9K
$551.2K – $734.9K
NOI $44,092 @ 7.0% cap · market cap 2.94%
Theoretical Best
Warehouse
$1.29M
$1.13M – $1.50M
NOI $90,075 @ 7.0% cap · market cap 6.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
934
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
Check the figures for this property
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 - Both residences have private garages and laundry hookups, with a deck and fenced yard serving the rear unit.
Where is this duplex located?
The property is located at 1440 Valota RD Redwood City, CA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 bathroom; 1,620‑square‑foot building on a 9,172‑square‑foot lot; Each unit has laundry hookups and a private 1‑car garage
