Duplex with Rear
New
For Sale
$1,749,444
718 Warrington Avenue, Redwood City, CA 94063
ResidentialIncome, RedwoodCity, CA
Property Size2,280 SF
Lot Size0.26 Acres
Price / SF$767.30
Days on Market3
Property Features for 718 Warrington Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
M-1/NFO
Parking
2
Lot features
Grade Level, Paved
Elementary school
RedwoodCityElementary
High school
SequoiaUnionHigh
Elementary school district
RedwoodCityElementary
High school district
SequoiaUnionHigh
Subdivision
DumbartonEtc
Standard status
Active
APN
054-191-100
Size
2,280 SF
Lot size
0.26 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Annual Amount
3348
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Water source
Public
Building Details
Year built
1970
Floors in Building
2
Number of units
2
Flooring type
Carpet, Linoleum, Hardwood
Buildings
2
Listing Agency:
Compass
(408) 358-1111
Listed By:
Graeham Watts · License #01466876
(650) 308-4727
Added: Nov 4
Changed: Nov 5
Last Checked: Nov 6 at 7:06AM
MLS# ML82066554
Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
The property includes a two-story duplex and a detached shop positioned behind it. Both residential units are vacant, with distinct entrances for the upper and lower residences. The shop is leased. The duplex was built in 1970 and contains 2,280 square feet, with carpet, linoleum, and hardwood flooring. The site encompasses 0.2583 acres and includes a gated driveway, paved areas, and fenced sections that can accommodate parking or storage.
The property is in Redwood City, near downtown, Caltrain, shopping, dining, Highway 101, and El Camino Real. Public water and sewer serve the site, and the zoning designation is M-1/NFO.
The property is in Redwood City, near downtown, Caltrain, shopping, dining, Highway 101, and El Camino Real. Public water and sewer serve the site, and the zoning designation is M-1/NFO.
Key Highlights
- Two‑story duplex with separate rear shop building
- 2,280‑square‑foot duplex; both residential units are vacant
- Rear shop is leased at $5,500 per month
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$66,256
Cap Rate
3.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,325,120
$1.3M
Cap Rate 7%
$946,514
$946.5K
Cap Rate 9%
$736,178
$736.2K
Market Conditions
NOI Build-Up for 2,280 SF
Gross rent
$101.2K $44.40/SF
− Vacancy
−$6.6K −$2.89/SF
EGI
$94.7K $41.51/SF
− OpEx
−$28.4K −$12.45/SF
NOI
$66.3K $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%
$1,325,120
Cap Rate 7%
$946,514
Cap Rate 9%
$736,178
Alternative Uses
Best Use
Multifamily LT 5
$946.5K
$828.2K – $1.10M
NOI $66,256 @ 7.0% cap · market cap 3.79%
Second Best
Apartment 5plus
$886.5K
$775.7K – $1.03M
NOI $62,055 @ 7.0% cap · market cap 3.55%
Theoretical Best
Warehouse
$1.81M
$1.58M – $2.11M
NOI $126,772 @ 7.0% cap · market cap 7.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,274
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
Check the figures for this property
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 - Two vacant residential units sit alongside a separately leased shop on a 0.2583-acre parcel.
Where is this duplex located?
The property is located at 718 Warrington Avenue Redwood City, CA.
What is the asking price?
The asking price for this property is $1,749,444.
What are key features of this property?
This property features: Two‑story duplex with separate rear shop building; 2,280‑square‑foot duplex; both residential units are vacant; Rear shop is leased at $5,500 per month
