SOLD 04/26/2024
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Commercial sold for $4,785,000 in 213 days
101 Oak Ave Redwood City, CA, 94061
Off the market Other
Open House: Thursday 12/14/2023 from 10am-11am. 101 Oak Ave is a stunning 14-unit apartment community located in the thriving city of Redwood City, California. Situated on a 9,450-square-foot parcel of land, the subject property was originally constructed in 1962 and has a gross building area of approximately 15,410 square feet, offering its tenants beautifully designed two-bedroom and one-bedroom floor plans. The subject property also offers private parking as well as a shared on-site laundry facility. The subject property is located within walking distance of lively Downtown Redwood City which offers tenants and residents a myriad of high-end shopping, dining, and entertainment options. The Redwood City Caltrain Station is also within walking distance and provides an inexpensive, hassle-free commute to major employment and entertainment centers in San Francisco, the Peninsula, and the South Bay.
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Property details
15,410 sqft interior area
Land area
9,450 sqft (0.22 acres)
Address
101 Oak Ave, Redwood City, CA, 94061
City of California
Redwood City
County
San Mateo
Year Built
1962
District
Listing
Nearby major retailers
Costco
CVS Pharmacy
Pet Food Express
See's Candies
Supercuts
Trader Joe's
GNC
Ross
GameStop
Dollar Tree
7-Eleven
AT&T
MetroPCS
Verizon Wireless
Petco
Kohl's
Ace Hardware
Apple Store
Tiffany & Company
Public Storage
99cent Store & Over
T-Mobile
Chevron
Neiman Marcus
Macy's
The Home Depot
Nordstrom
Safeway
NAPA Auto Parts
Marshalls
Whole Foods Market
Jiffy Lube
Kmart
Lexus
AutoZone
O'Reilly Auto Parts
Bloomingdale's
Rite Aid
Staples
Wholesale: 1
Chemist: 4
Pet: 5
Confectionery: 1
Hairdresser: 2
Supermarket: 10
Nutrition supplements: 3
Department store: 10
Video games: 3
Variety store: 3
Convenience: 8
Mobile phone: 11
Do it yourself: 4
Electronics: 2
Jewelry: 1
Storage rental: 19
Car repair: 2
Car: 1
Car parts: 2
Stationery: 1
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Interior Features
—
Garage & Parking
Covered, Assigned
Listed by
Cole Simpson, Marcus & Millichap
Name
Cole Simpson
License number
02016525
Brokerage company
Marcus & Millichap
MLS #
ML81943304
Buyer agent
Name
Robert Johnston
Brokerage company
Marcus & Millichap
Payment calculator
Calculate your monthly payments
Mortgage
$14,692
Taxes
$0
HOA dues
$0
Mortgage
$957,000 / 20%
2.28%
30 years
Your amount
$14,692 / month
Lot details
TMK #053281100
Parcel nr.
053281100
94061 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
—
no data
Costco
—
no data
Hospital
—
no data
Park
—
no data
Beach
—
no data
Elementary school
—
no data
Middle school
—
no data
High school
—
no data
Local airport
—
no data
People living in 94061
47%
Families with children
National average: 39%
31%
Non family households
180,954
Population
$240,920
Average Income
Age & gender
Median age 40 years
More info
Commute types
79% commute by car
More info
Education level
27% have bachelor education
More info
Number of employees
4% work in management
More info
Vehicles available
42% have 2 vehicle
More info
Vehicles by gender
42% have 2 vehicle
More info
Housing market insights for
$2.86m
Neighborhood average
sales price*
sales price*
$2.1m
Neighborhood median
sales price*
sales price*
330
Number
of sales*
of sales*
Housing type
62% are single detacheds
More info
Rooms
32% of the houses have 4 or 5 rooms
More info
Bedrooms
56% have 2 or 3 bedrooms
More info
Owners vs Renters
62% are owners
More info
15.67 / 20
Most Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Sold Apr 26, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Apr 26, 2024 | Sold | $4,785,000 | 0 | Public Record |
| Apr 26, 2024 | Price Decrease | $4,785,000 -7.09% | 0 | MLS #ML81943304 |
| Feb 16, 2024 | Pending | $5,150,000 | 0 | MLS #ML81943304 |
| Jan 11, 2024 | Price Decrease | $5,150,000 -4.28% | 0 | MLS #ML81943304 |
| Sep 27, 2023 | New Listing | $5,380,000 +169% | 0 | MLS #ML81943304 |
| Dec 6, 2000 | Sold | $2,000,000 | 0 | Public Record |
| Dec 6, 2000 | Price Increase | $2,000,000 +11.11% | 0 | MLS #ML80044353 |
| Oct 25, 2000 | Under contract | $1,800,000 | 0 | MLS #ML80044353 |
| Oct 16, 2000 | New Listing | $1,800,000 | 0 | MLS #ML80044353 |
Taxes of 101 Oak Ave, Redwood City, CA, 94061
R-4 zoning / MLS #ML81943304
Zoning
R-4
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Frequently Asked Questions about 101 Oak Ave
What is 101 Oak Ave?
101 Oak Ave is a Commercial/Industrial propertywith 15,410 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
101 Oak Ave, Redwood City, CA, 94061.
What comparable properties are nearby?
Comparable nearby commercial properties include 1502 Ebener St, 219 Jackson Ave, 1446 Valota Rd, 28 Birch St, 501 Howland St, 2816 Middlefield Rd.
Based on information from the bridgeMLS as of 05-17-2024. 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. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Apr 30, 2024
Verhouse Last checked 10 minutes ago
The closest grocery stores are Mi Rancho Supermarket, 0.13 miles away and Mercadito Latino, 0.15 miles away.
The 94061 zip area has a population of 180,954, and 47% of the families have children. The median age is 40.1 years and 79% commute by car. The most popular housing type is "single detached" and 62% is owner.
