About this home

Under the same ownership as the adjacent 405 Arch Street & 77-83 James Avenue, the two properties may be purchased together as a combined 10-unit portfolio or acquired separately. --- Compass Commercial is pleased to announce the exclusive listing of 103-115 James Avenue, a well-located 5-unit multifamily investment opportunity in Redwood City's Arch Street corridor, just west of El Camino Real. The offering consists of a 4-unit apartment building plus a detached single-family residence, together totaling five (5) units on one parcel, across approximately 4,414 square feet of building area on a 6,500-square-foot lot. The unit mix includes one (1) 1-bedroom/1-bath unit (725 sqft) and four (4) 2-bedroom/1-bath units (875-925 sqft), including the detached house (1,014 sqft). Amenities include separately metered electric and gas, Siemens circuit-breaker sub-panels, and a two-car garage. California SB 721 mandated inspection has been completed and is on file. -- Built in 1922, the property generates approximately $151,560 in scheduled gross annual income, with net operating income of approximately $95,610, a 4.25% cap rate and 14.85 GRM on current rents.

Facts and features

Schools

• Sequoia High School

  high · 9-12 · 0.2 mi

  7

• Clifford Elementary School

  elementary · K-8 · 1.6 mi

  7

• Our Lady Of Mt. Carmel

  elementary · PK-8 · 0.3 mi

• John F. Kennedy Middle School

  middle · 6-8 · 1.7 mi

  7

• North Star Academy

  elementary · 3-8 · 0.2 mi

  10

• Redeemer Lutheran School

  elementary · K-8 · 0.4 mi

Price history

• Oct 20, 2026 · Listed$2,250,000
• Jan 12, 2000 · Sold$540,000
• Jan 3, 1972 · Sold$42,500

Tax history

• 2025$9,235 tax · $846,542 assessed
• 2024$9,134 tax · $829,944 assessed
• 2023$8,997 tax · $797,719 assessed
• 2022$8,578 tax · $782,079 assessed
• 2021$8,495 tax · $766,745 assessed
• 2020$8,382 tax · $758,884 assessed
• 2019$8,352 tax · $744,005 assessed
• 2018$8,126 tax · $729,418 assessed

Home value

$2,686,000

• Collateral Analytics$2,686,000

Where it is