Duplex With Private
New
For Sale
$1,498,000
819 Hudson Street, Redwood City, CA 94061
Two residential units offer private outdoor space, laundry, and attached garage parking.
Property Size2,347 SF
Lot Size0.17 Acres
Price / SF$638.26
Days on Market4
Property Features for 819 Hudson Street
General Information
Standard status
Active
Size
2,347 SF
Total Parking Spaces
3
Lot size
0.17 Acres
Property subtype
Multi Family
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 2BR/2BA, 1 x 2BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$1,379
Amenities
private laundry
private yard
gardens
Building Details
Year Built
1948
Listing Agency:
Compass
(650) 690-2858
Listed By:
Heng Seroff Group · License #70010137
(650) 690-2858
Source:
Exitrealty
Added: Aug 11
Changed: Aug 13
Last Checked: Aug 14 at 5:22AM
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
Investment Insights
Based on property information with market context.
This 1948 duplex at 819 Hudson Street includes approximately 2,347 square feet on a 7,250-square-foot lot. The front residence has 2 bedrooms, 2 bathrooms, and a separate office. The rear residence provides 2 bedrooms, 1 bathroom, a private backyard with gardens, and a carport. Both units include an attached one-car garage, private laundry, and individual yard space.
The property is within walking distance of Downtown Redwood City, Whole Foods, Caltrain, and Red Morton Community Center and Park. Shopping, dining, and year-round events are nearby, while Highways 101 and 280 provide convenient regional access.
The property is within walking distance of Downtown Redwood City, Whole Foods, Caltrain, and Red Morton Community Center and Park. Shopping, dining, and year-round events are nearby, while Highways 101 and 280 provide convenient regional access.
Key Highlights
- Two‑unit duplex with approximately 2,347 square feet on a 7,250‑square‑foot lot
- Front unit includes 2 bedrooms, 2 bathrooms, and a dedicated office
- Rear unit offers 2 bedrooms, 1 bathroom, a private garden yard, and a dedicated carport
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$68,203
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.55%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,364,060
$1.4M
Cap Rate 7%
$974,329
$974.3K
Cap Rate 9%
$757,811
$757.8K
Market Conditions
NOI Build-Up for 2,347 SF
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.
Gross rent
$104.2K $44.40/SF
− Vacancy
−$6.8K −$2.89/SF
EGI
$97.4K $41.51/SF
− OpEx
−$29.2K −$12.45/SF
NOI
$68.2K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,364,060
Cap Rate 7%
$974,329
Cap Rate 9%
$757,811
Alternative Uses
Best Use
Multifamily LT 5
$974.3K
$852.5K – $1.14M
NOI $68,203 @ 7.0% cap · market cap 4.55%
Second Best
Apartment 5plus
$912.5K
$798.5K – $1.06M
NOI $63,878 @ 7.0% cap · market cap 4.26%
Theoretical Best
Warehouse
$1.86M
$1.63M – $2.17M
NOI $130,497 @ 7.0% cap · market cap 8.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,086
Businesses Nearby
Explore this area
Business Placement
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
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer private outdoor space, laundry, and attached garage parking.
Where is this duplex located?
The property is located at 819 Hudson Street Redwood City, CA.
What is the asking price?
The asking price for this property is $1,498,000.
What are key features of this property?
This property features: Two‑unit duplex with approximately 2,347 square feet on a 7,250‑square‑foot lot; Front unit includes 2 bedrooms, 2 bathrooms, and a dedicated office; Rear unit offers 2 bedrooms, 1 bathroom, a private garden yard, and a dedicated carport
