Property profile

1503 Virginia Ave Redwood City, CA 94061

OFF-MARKET
Assisted living facilities
Property ID
US09-5224802
2,070 SF 0.16 ac lot Built 1952
Individually Owned 13-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1952
Construction FRAME
Total area 2,070 SF
Lot 0.16 ac (6,947 SF)
Zoning code R10006
APN 069-091-010
UPID US09-5224802

Cap rate & NOI

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

Location

1503 Virginia Ave Redwood City, CA 94061-2630
Redwood City metro Census 611000 SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2013
7 recorded transactions
2013
Price N/A
2010
$582,500
2010
$722,500
2006
$1.2M
2001
Price N/A
1995
$285,000
1969
Price N/A

Zoning & alternative use

R10006 · 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
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