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Duplex With Private Garages

1846-1848 Woodside Rd, Redwood City, CA 94061

For Sale
$1,749,900

Both residences have individual garages and kitchens remodeled approximately eight years ago.

Property Size2,034 SF
Price / SF$860.32
Days on Market63

Property Features for 1846-1848 Woodside Rd

General Information

Standard status Active
Size 2,034 SF
Total Parking Spaces 2
Property subtype Multi-Family

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Multifamily Units 2

Building Details

Year Built 1952
Buildings 1
Listing Agency: Vertical Horizon Real Estate
Listed By: Matt H Capron · License #3535930
Source: Viewsandiegohouses
Added: Sep 7 Changed: Nov 7 Last Checked: Nov 7 at 9:16PM

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 Vertical Horizon Real Estate

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Investment Insights

Based on property information with market context.

This 2,034-square-foot duplex, built in 1952, contains two residences, each with a private garage. The kitchens were remodeled approximately eight years ago.

The property is on Woodside Road in Redwood City, approximately half a mile from Woodside High School. Highway 101 and Highway 280 provide regional access.

Key Highlights

  • 2,034‑square‑foot duplex built in 1952
  • Private garage for each residence
  • Kitchens remodeled approximately 8 years ago

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$59,108
Cap Rate
3.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,182,160 $1.2M
Cap Rate 7%
$844,400 $844.4K
Cap Rate 9%
$656,756 $656.8K
Market Conditions
NOI Build-Up for 2,034 SF
Gross rent
$90.3K $44.40/SF
− Vacancy
−$5.9K −$2.89/SF
EGI
$84.4K $41.51/SF
− OpEx
−$25.3K −$12.45/SF
NOI
$59.1K $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%
$1,182,160
Cap Rate 7%
$844,400
Cap Rate 9%
$656,756

Alternative Uses

Best Use
Multifamily LT 5
$844.4K
$738.9K – $985.1K (±1% cap)
NOI $59,108 @ 7.0% cap · market cap 3.38%
Second Best
Apartment 5plus
$790.9K
$692.0K – $922.7K (±1% cap)
NOI $55,360 @ 7.0% cap · market cap 3.16%
Theoretical Best
Warehouse
$1.62M
$1.41M – $1.88M (±1% cap)
NOI $113,094 @ 7.0% cap · market cap 6.46%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

508
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

Market

Properties on Market for Duplexes in Redwood City

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both residences have individual garages and kitchens remodeled approximately eight years ago.
Where is this duplex located?
The property is located at 1846-1848 Woodside Rd Redwood City, CA.
What is the asking price?
The asking price for this property is $1,749,900.
What are key features of this property?
This property features: 2,034‑square‑foot duplex built in 1952; Private garage for each residence; Kitchens remodeled approximately 8 years ago
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