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948 15th Ave, Redwood City, CA, 94063

$2,395,000

Home List Price

$10,000*

Closing Credit

0 Baths
3,411 SqFt
$702/SqFt
Multi
Schools Nearby

Location

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948 15th Ave, Redwood City$2,395,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1961
HeatingForced Air
CoolingWall/Window Unit(s)
MLS #ML81958901
Lot Size0.14 Acres
StatusActive

About 948 15th Ave

948 15th Ave is a stunning fourplex located in the heart of Redwood City, CA. Situated on a 6,250 square foot parcel of land, the subject property was originally constructed in 1961 and has a gross building area of approximately 3,411* square feet. 948 15th Ave has undergone extensive capital improvements including the addition of two ADUs as well as complete renovations to the original units. The subject property consists of beautifully designed two-bedroom and one-bedroom floor plans and offers tenants convenient amenities such as in-unit washer and dryer, new electrical, and new flooring. The subject property boasts a prime location positioned just east of Downtown Redwood City. This vibrant area offer an abundance of upscale shops and restaurants, creating a pedestrian-friendly ambiance. Furthermore, tenants are conveniently located near restaurant scenes in San Carlos, Menlo Park, and Palo Alto, as well as prestigious Stanford University and world-class Stanford Shopping Center. The subject property sits in a prime location, strategically positioned midway between San Jose and San Francisco. This ideal placement ensures equidistant access to both airports, optimizing travel flexibility.

Property Details

Property Features

Property Information:

  • Year Built: 1961
  • Stories: 1
  • Living Area: 3,411 SqFt

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (650) 391-1700
  • Listing Agent: Robert Johnston

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • Menlo-Atherton High School, Public Magnet Grades 9-12

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,395,000
  • Price Per SqFt: $702/SqFt

Tax Information:

  • Annual Amount: $14,909
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Redwood City, CA.

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Redwood City, CA

City

Med. Sold Price

$1.8M

Med. Price/SqFt

$1,077

Avg. Days On Market

14

# of Sold Homes

36

948 15th Ave vs Redwood City

32 DAYS ON ROCKET

+18 Days

$2,395,000

+$545K More

$702/SqFt

-$376 Less

KEY TAKEAWAY

This property is $545K more than the Median Sold Price and $376/SqFt less than other homes in Redwood City, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #ML81958901

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (650) 391-1700
  • Listing Agent: Robert Johnston

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 12:25:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 31, 2019Home Sold
$1,164,000

Tax History

YEARPROP. TAXASSESSMENT
2021$14,909$1,199,580
2020$3,233$1,187,280
2019$3,050$114,082
2018$3,050$111,846
2017$2,697$109,654

History based on county public records data.

Payment Calculator

$12K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,247

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

High School

school-card-donut-1242082
6
/10

  • Menlo-Atherton High School

  • 555 Middlefield Rd

  • 1.52 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $74,841. Typical income of Redwood City, CA residents is between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›San Mateo County›Redwood City›94063›948 15th Ave

This home is located at 948 15th Ave in Redwood City, CA and zip code 94063 in the Friendly Acres neighborhood. This 3,411 square foot home, which was built in 1961, sits on a 0.14 acre lot. It has been listed on Rocket Homes since March 26, 2024 and is currently priced at $2,395,000.

In March 2024 more than 29 listings in Redwood City, CA were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 4 were sold below. In March 2024 in Redwood City, CA there were 27.8% more homes for sale than in February 2024. While the average time on the market in March 2024 was 14 days, the median list price was $1,850,000.

From Rocket Homes Real Estate and based on county public records data.

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