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Renovated Duplex
For Sale
$1,575,000

1557 Ebener ST, Redwood City, CA 94061

Each residence offers two bedrooms and 1.5 bathrooms, with updated interior finishes.

Property Size2,170 SF
Days on Market9

Property Features for 1557 Ebener ST

General Information

Standard status Active
Size 2,170 SF
Property subtype Duplex

Units

Unit Mix 2 x 2BR/1.5BA
Multifamily Units 2

Building Details

Building Size 2,170 SF
Year Built 1956
Buildings 1
Listing Agency: Compass
Listed By: Costantini Team · License #70010227
Source: Johnpaye
Added: Oct 6 Changed: Oct 14 Last Checked: Oct 13 at 3:14AM

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.

Built in 1956, this duplex contains two residential units, each with two bedrooms and 1.5 bathrooms. Interior improvements include updated finishes and refreshed living spaces, and both units are ready for occupancy.

The property is near Woodside Road in Redwood City, with access to shopping, dining, schools, transportation, and major commuter routes.

Key Highlights

  • Two residential units, each with 2 bedrooms and 1.5 bathrooms
  • Updated finishes and refreshed interiors in both units
  • Near Woodside Road in Redwood City

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$63,060
Cap Rate
4.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,261,200 $1.3M
Cap Rate 7%
$900,857 $900.9K
Cap Rate 9%
$700,667 $700.7K
Market Conditions
NOI Build-Up for 2,170 SF
Gross rent
$96.3K $44.40/SF
− Vacancy
−$6.3K −$2.89/SF
EGI
$90.1K $41.51/SF
− OpEx
−$27.0K −$12.45/SF
NOI
$63.1K $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 Rate 5%
$1,261,200
Cap Rate 7%
$900,857
Cap Rate 9%
$700,667

Alternative Uses

Best Use
Multifamily LT 5
$900.9K
$788.3K – $1.05M (±1% cap)
NOI $63,060 @ 7.0% cap · market cap 4.00%
Second Best
Apartment 5plus
$843.7K
$738.3K – $984.4K (±1% cap)
NOI $59,061 @ 7.0% cap · market cap 3.75%
Theoretical Best
Warehouse
$1.72M
$1.51M – $2.01M (±1% cap)
NOI $120,656 @ 7.0% cap · market cap 7.66%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Grocery & Convenience Store (Bike/Boat/Book/etc) Store Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,170
Businesses Nearby

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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Each residence offers two bedrooms and 1.5 bathrooms, with updated interior finishes.
Where is this duplex located?
The property is located at 1557 Ebener ST Redwood City, CA.
What is the asking price?
The asking price for this property is $1,575,000.
What are key features of this property?
This property features: Two residential units, each with 2 bedrooms and 1.5 bathrooms; Updated finishes and refreshed interiors in both units; Near Woodside Road in Redwood City
More about this property
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