Property profile

1035 Iris St Redwood City, CA 94061

OFF-MARKET
Assisted living facilities
Property ID
US09-0843976
2,110 SF 0.13 ac lot Built 1926
Individually Owned 4-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1926
Total area 2,110 SF
Lot 0.13 ac (5,693 SF)
Zoning code R20000
APN 053-075-220
UPID US09-0843976

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1035 Iris St Redwood City, CA 94061-1503
Redwood City metro Census 610902 SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$440k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$445k

Owner & transaction history

since 2022
Last sale
$520,000
7 recorded transactions
2022
Price N/A
2007
$520,000
2004
Price N/A
2003
Price N/A
2002
$620,000
1993
Price N/A
1969
Price N/A

Zoning & alternative use

R20000 · Redwood City, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1035 Iris St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message