SOLD 01/05/2024
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Commercial sold for $4,700,000 in 149 days
1141 Whipple Ave Redwood City, CA, 94062
Off the market Other
Marcus & Millichap is pleased to present the opportunity to acquire 1141 Whipple Avenue, a 21-unit apartment building in Redwood City, CA. Built in 1932, the four-story building was designed in the Art Deco style, making it distinctive among the other multi-family properties in the neighborhood. The building is situated on an 8,190 square foot site that is two blocks from El Camino Real and just over one-half mile to downtown Redwood City. The property features a mix of nine studio units and 12 one-bedroom units. Studio units average of 400 square feet and one-bedroom units average of 598 square feet. The building features a secured entrance and lobby that provides access to the interior stairway and hallways. The property has a garage at grade level with six parking spaces, as well as uncovered parking for two vehicles. Amenities include laundry facilities and a rooftop deck.
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Property details
17,113 sqft interior area
Land area
8,190 sqft (0.19 acres)
Address
1141 Whipple Ave, Redwood City, CA, 94062
City of California
Redwood City
County
San Mateo
Year Built
1932
District
Listing
Nearby major retailers
Costco
CVS Pharmacy
Pet Food Express
See's Candies
Supercuts
Trader Joe's
GNC
Zumiez
GameStop
Apple Store
Ross
7-Eleven
Dollar Tree
AT&T
MetroPCS
Verizon Wireless
Petco
Kohl's
Ace Hardware
Tiffany & Company
Public Storage
99cent Store & Over
T-Mobile
Chevron
The Home Depot
Safeway
NAPA Auto Parts
Macy's
Nordstrom
Marshalls
Jiffy Lube
Kmart
Lexus
AutoZone
Whole Foods Market
O'Reilly Auto Parts
Rite Aid
Staples
Wholesale: 1
Chemist: 4
Pet: 5
Confectionery: 2
Hairdresser: 2
Supermarket: 9
Nutrition supplements: 3
Clothes: 1
Video games: 4
Electronics: 2
Department store: 8
Convenience: 7
Variety store: 3
Mobile phone: 9
Do it yourself: 4
Jewelry: 1
Storage rental: 19
Car repair: 2
Car: 1
Car parts: 2
Stationery: 1
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Interior Features
—
Roof
Shingle
Garage & Parking
Attached
Appliances
Refrigerator
Listed by
Joshua Johnson, Marcus & Millichap
Name
Joshua Johnson
License number
01930127
Brokerage company
Marcus & Millichap
MLS #
ML81937986
Buyer agent
Name
Cole Simpson
Brokerage company
Marcus & Millichap
Payment calculator
Calculate your monthly payments
Mortgage
$14,431
Taxes
$0
HOA dues
$0
Mortgage
$940,000 / 20%
2.28%
30 years
Your amount
$14,431 / month
Exterior Features
Concrete construction and more
Construction
Concrete
Lot details
TMK #052182210
Lot Description
Level
Parcel nr.
052182210
94062 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
—
no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 94062
47%
Families with children
National average: 39%
31%
Non family households
220,961
Population
$227,496
Average Income
Age & gender
Median age 40 years
More info
Commute types
80% commute by car
More info
Education level
28% have bachelor education
More info
Number of employees
4% work in management
More info
Vehicles available
43% have 2 vehicle
More info
Vehicles by gender
43% have 2 vehicle
More info
Housing market insights for
$2.24m
Neighborhood average
sales price*
sales price*
$2m
Neighborhood median
sales price*
sales price*
368
Number
of sales*
of sales*
Housing type
62% are single detacheds
More info
Rooms
32% of the houses have 4 or 5 rooms
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Bedrooms
57% have 2 or 3 bedrooms
More info
Owners vs Renters
62% are owners
More info
14.17 / 20
Above Average
►
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 Jan 5, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Jan 5, 2024 | Sold | $4,700,000 | 0 | Public Record |
| Jan 5, 2024 | Price Decrease | $4,700,000 -6% | 0 | MLS #ML81937986 |
| Oct 15, 2023 | Under contract | $5,000,000 | 0 | MLS #ML81937986 |
| Aug 10, 2023 | New Listing | $5,000,000 | 0 | MLS #ML81937986 |
Taxes of 1141 Whipple Ave, Redwood City, CA, 94062
R-5, zoning / MLS #ML81937986
Zoning
R-5,
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Frequently Asked Questions about 1141 Whipple Ave
What is 1141 Whipple Ave?
1141 Whipple Ave is a Commercial/Industrial propertywith 17,113 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
1141 Whipple Ave, Redwood City, CA, 94062.
What comparable properties are nearby?
Comparable nearby commercial properties include 28 Birch St, 501 Howland St, 219 Jackson Ave, 1502 Ebener St, 1446 Valota Rd, 2816 Middlefield Rd.
Based on information from the bridgeMLS as of 05-09-2024. 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: Jan 07, 2024
Verhouse Last checked less than a minute ago
The closest grocery stores are Indian Grocery and Spices, 0.43 miles away and Trader Joe's, 0.65 miles away.
The 94062 zip area has a population of 220,961, and 47% of the families have children. The median age is 40.2 years and 80% commute by car. The most popular housing type is "single detached" and 62% is owner.
