Residential Income
57 Dumbarton Avenue Redwood City, CA 94063
57 Dumbarton Avenue, Redwood City, CA, 94063
$1,650,000
For Sale
$1,650,000
Residential income multifamily property offered for sale in Redwood City, CA.
Property Size3,478 SF
Price / SF$474.41
Days on Market12
Property Features for 57 Dumbarton Avenue
General Information
- Standard status
- Active
- Size
- 3,478 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1962
Listing Agency
Ying Huang, Broker
(408) 508-4073
Listed by
Anna Huang · License #01924700
(408) 508-4073
Source
Exitrealty
Added: Jul 6 Checked: Jul 17 at 4:38 am
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 Ying Huang, Broker
Investment Insights
Based on property information with market context.
This residential income multifamily property is available for sale. The offering is listed under multifamily property types, including other multifamily and residential income categories.
The property is located at 57 Dumbarton Avenue in Redwood City, CA 94063.
Additional details such as unit configuration, building features, and condition were not provided in the available information.
The property is located at 57 Dumbarton Avenue in Redwood City, CA 94063.
Additional details such as unit configuration, building features, and condition were not provided in the available information.
Key Highlights
- Multifamily residential income property for sale in Redwood City, CA
- Built in 1962
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $181.6k | $52.20 |
| − Vacancy | −$9.4k | −$2.71 |
| EGI | $172.1k | $49.49 |
| − OpEx | −$77.4k | −$22.27 |
| NOI | $94.7k | $27.22 |
3,478 SF · lease $52.20/SF/yr · vacancy 5.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.35M
$1.18M – $1.58M
NOI $94,661 @ 7.0% cap · market cap 5.74%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$2.76M
$2.42M – $3.22M
NOI $193,383 @ 7.0% cap · market cap 11.72%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Multifamily properties
Similar For Sale Nearby
FAQs
What type of property is this?
Multifamily property - Residential income multifamily property offered for sale in Redwood City, CA.
Where is this multifamily property located?
The property is located at 57 Dumbarton Avenue Redwood City, CA.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Multifamily residential income property for sale in Redwood City, CA; Built in 1962
