Two-Unit Duplex with Spacious
For Sale
$1,599,800
341 Dumbarton AVE, Redwood City, CA 94063
Well-maintained duplex with house-like layouts, modern finishes, central heating, and convenient parking in Redwood City.
Property Size3,086 SF
Lot Size0.11 Acres
Price / SF$518.41
Days on Market53
Property Features for 341 Dumbarton AVE
General Information
Standard status
Active
Size
3,086 SF
Lot size
0.11 Acres
Property subtype
Duplex
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$12,391
Building Details
Building Size
3,086 SF
Year Built
2009
Buildings
1
Listing Agency:
Compass
Listed By:
Nancy Shen · License #02072962
(650) 382-9937
Source:
Johnpaye
Added: Sep 11
Changed: Oct 31
Last Checked: Nov 1 at 12:39PM
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
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Investment Insights
Based on property information with market context.
Built in 2009, this duplex contains two 3-bedroom, 2-bath residences totaling approximately 3,086 square feet on a 5,000-square-foot lot. Each unit measures approximately 1,543 square feet and is arranged with a house-like floor plan. Interior features include hardwood and tile flooring, granite countertops, gas cooking, central heating, and abundant natural light. Convenient parking is also provided.
Located in Redwood City, the property offers access to Peninsula employment centers, shopping, dining, transportation, and everyday amenities. The two-unit configuration supports a range of ownership and occupancy arrangements, including living in one residence while retaining a second unit within the same property.
Located in Redwood City, the property offers access to Peninsula employment centers, shopping, dining, transportation, and everyday amenities. The two-unit configuration supports a range of ownership and occupancy arrangements, including living in one residence while retaining a second unit within the same property.
Key Highlights
- Two 3‑bedroom, 2‑bath residences
- Approximately 3,086 square feet across both units
- Each residence measures approximately 1,543 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$89,679
Cap Rate
5.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,793,580
$1.8M
Cap Rate 7%
$1,281,129
$1.3M
Cap Rate 9%
$996,433
$996.4K
Market Conditions
NOI Build-Up for 3,086 SF
Gross rent
$137.0K $44.40/SF
− Vacancy
−$8.9K −$2.89/SF
EGI
$128.1K $41.51/SF
− OpEx
−$38.4K −$12.45/SF
NOI
$89.7K $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%
$1,793,580
Cap Rate 7%
$1,281,129
Cap Rate 9%
$996,433
Alternative Uses
Best Use
Multifamily LT 5
$1.28M
$1.12M – $1.49M
NOI $89,679 @ 7.0% cap · market cap 5.61%
Second Best
Apartment 5plus
$1.20M
$1.05M – $1.40M
NOI $83,992 @ 7.0% cap · market cap 5.25%
Theoretical Best
Warehouse
$2.45M
$2.14M – $2.86M
NOI $171,587 @ 7.0% cap · market cap 10.73%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,836
Businesses Nearby
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained duplex with house-like layouts, modern finishes, central heating, and convenient parking in Redwood City.
Where is this duplex located?
The property is located at 341 Dumbarton AVE Redwood City, CA.
What is the asking price?
The asking price for this property is $1,599,800.
What are key features of this property?
This property features: Two 3‑bedroom, 2‑bath residences; Approximately 3,086 square feet across both units; Each residence measures approximately 1,543 square feet
