Two-Unit Duplex with
3448 Page ST, Redwood City, CA 94063
For Sale
$1,590,000
Separately metered residences offer private yards, indoor laundry, and convenient access to major regional routes.
Property Size1,987 SF
Days on Market51
Property Features for 3448 Page ST
General Information
Standard status
Size
Property subtype
Site & Location
Highway Access
Public Transit
Utilities to Site
Additional Details
Parking per Unit
Taxes and HOA fees
Annual Taxes
Amenities
in-unit laundry
private backyard
Building Details
Building Size
Year Built
Listing Agency:
Coldwell Banker Realty
Listed By:
David Solomon · License #00863726
(408) 203-2595
Source:
Lynnnorth
Added: Sep 19
Changed: Nov 3
Last Checked: Nov 6 at 3:30PM
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 Coldwell Banker Realty
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Investment Insights
Based on property information with market context.
Built in 1960, this duplex contains two residential units, each offering 993 SF with 2 bedrooms and 1 bathroom. Both homes include a generous main room, full-size indoor laundry, an attached 1-car garage, and a private backyard. Utilities are separately metered for each unit.
The property is in Redwood City’s Friendly Acres neighborhood, near Stanford’s Redwood City campus, Delucchi’s Market at Marsh Manor, the Facebook campus and headquarters, Bayfront Park, Costco, downtown Redwood City, and CALTrain. Commuters have access to Highway 101, the Dumbarton Bridge, Woodside Road (84), Highway 280, and El Camino Real (87).
The property is in Redwood City’s Friendly Acres neighborhood, near Stanford’s Redwood City campus, Delucchi’s Market at Marsh Manor, the Facebook campus and headquarters, Bayfront Park, Costco, downtown Redwood City, and CALTrain. Commuters have access to Highway 101, the Dumbarton Bridge, Woodside Road (84), Highway 280, and El Camino Real (87).
Key Highlights
- Two‑unit duplex with 993 SF per unit
- Each unit includes 2 bedrooms and 1 bathroom
- Attached 1‑car garage and private backyard for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,742
Cap Rate
3.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,154,840
$1.2M
Cap Rate 7%
$824,886
$824.9K
Cap Rate 9%
$641,578
$641.6K
Market Conditions
NOI Build-Up for 1,987 SF
Gross rent
$88.2K $44.40/SF
− Vacancy
−$5.7K −$2.89/SF
EGI
$82.5K $41.51/SF
− OpEx
−$24.7K −$12.45/SF
NOI
$57.7K $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%
$1,154,840
Cap Rate 7%
$824,886
Cap Rate 9%
$641,578
Alternative Uses
Best Use
Multifamily LT 5
$824.9K
$721.8K – $962.4K
NOI $57,742 @ 7.0% cap · market cap 3.63%
Second Best
Apartment 5plus
$772.6K
$676.0K – $901.3K
NOI $54,080 @ 7.0% cap · market cap 3.40%
Theoretical Best
Warehouse
$1.58M
$1.38M – $1.84M
NOI $110,481 @ 7.0% cap · market cap 6.95%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,036
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Duplexes in Redwood City
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Separately metered residences offer private yards, indoor laundry, and convenient access to major regional routes.
Where is this duplex located?
The property is located at 3448 Page ST Redwood City, CA.
What is the asking price?
The asking price for this property is $1,590,000.
What are key features of this property?
This property features: Two‑unit duplex with 993 SF per unit; Each unit includes 2 bedrooms and 1 bathroom; Attached 1‑car garage and private backyard for each unit
