17 days on rocket

2937 Calvin Ave, Redwood City, CA, 94063

$1,988,000

Home List Price

$10,000*

Closing Credit

0 Baths
3,866 SqFt
$514/SqFt
Multi

Location

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2937 Calvin Ave, Redwood City$1,988,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Garage4 spaces
Year Built1962
HeatingWall Furnace
MLS #ML81985358
Lot Size0.11 Acres
StatusActive

About 2937 Calvin Ave

Welcome to 2937 Calvin Avenue, a prime multifamily investment opportunity in Redwood City, where stable income meets exceptional potential. This property is for those who appreciate foresight in real estate.Recent enhancements include a new roof and garage door in 2024, ensuring long term peace of mind and curb appeal. The upstairs units shine with sliding glass doors, inviting abundant natural light. Most units have been recently upgraded, enhancing both comfort and value.The expansive patios are a standout feature, offering the potential to transform into sunrooms. Inside, each unit boasts generous space with the possibility of adding additional bedrooms, to increase rental income.A laundry room with washer/dryer hookups provides an additional revenue source, while the potential to add an Accessory Dwelling Unit (ADU) offers further versatility and income opportunities. With stable, long-term tenants already in place, this property promises a high return on investment with minimal maintenance costs.2937 Calvin Avenue is more than just a property; its a strategic investment in a vibrant community adjacent to the revitalization project along Middlefield Road. Discover the possibilities and secure your future with this exceptional opportunity. Schedule your viewing today!

Property Details

Property Features

Property Information:

  • Year Built: 1962
  • Stories: 2
  • Living Area: 3,866 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (650) 462-1111
  • Listing Agent: Juan De Leon

Exterior Features

Parking Information:

  • Garage Space: 4 spaces

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,988,000
  • Price Per SqFt: $514/SqFt

Tax Information:

  • Annual Amount: $9,922
  • 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

$1.7M

Med. Price/SqFt

$1,103

Avg. Days On Market

21

# of Sold Homes

49

2937 Calvin Ave vs Redwood City

17 DAYS ON ROCKET

-4 Days

$1,988,000

+$224.4K More

$514/SqFt

-$589 Less

KEY TAKEAWAY

This property is $224.4K more than the Median Sold Price and $589/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: #ML81985358

Listing Office:

  • Office Name: Compass
  • Office Phone: (650) 462-1111
  • Listing Agent: Juan De Leon

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: 11/17/2024, 4:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$9,922$395,522
2020$9,658$391,467
2019$9,128$383,793
2018$9,128$376,269
2017$8,332$368,892

History based on county public records data.

Payment Calculator

$9,990

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,027

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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.

Nearby Schools

school-card-donut-504603
4
/10

  • Taft Elementary School

  • Tenth Ave and Bay Rd

  • 1.00 miles

  • Public District Grades KG-5

school-card-donut-504604
6
/10

  • Adelante Selby Spanish Immersion

  • 170 Selby Ln

  • 1.22 miles

  • Public District Grades KG-5

school-card-donut-504605
5
/10

  • Rocketship Redwood City

  • 909 Roosevelt Ave

  • 1.24 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,574. Typical income of Redwood City, CA residents is between $35k-100k annually. Most families are married, with kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›California›San Mateo County›Redwood City›94063›2937 Calvin Ave

This home is located at 2937 Calvin Ave in Redwood City, CA and zip code 94063 in the Dumbarton neighborhood. This 3,866 square foot home, which was built in 1962, sits on a 0.11 acre lot. It has been listed on Rocket Homes since October 31, 2024 and is currently priced at $1,988,000.

In October 2024 more than 27 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 17 were sold below. The inventory of homes for sale in Redwood City, CA between September 2024 and October 2024 increased by 10.4%. While the average time on the market in October 2024 was 21 days, the median list price was $1,763,555.

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

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