$1,800,000
3 bd · 2 ba · 3,855 sqft · 6,000 sqft lot
Arch, Redwood City, CA 94062
Multi-family · Built 1923 · $467/sqft ·
$11,024/mo est. payment
- Garage
- 0 cars
Flood factor 5/10
About this home
Under the same ownership as the adjacent 103-115 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 405 Arch Street & 77-83 James Avenue, a well-located 5-unit multifamily investment opportunity in Redwood City's Arch Street corridor, just west of El Camino Real. Offered at $1,800,000, the property consists of five (5) units across approximately 3,855 square feet of building area on a 6,000-square-foot lot. The unit mix includes four (4) 1-bedroom/1-bath units (770 sqft) and one (1) 2-bedroom/1-bath unit (775 sqft) -- The property sits in a quiet, tree-lined residential pocket within walking distance of Downtown Redwood City's shops and restaurants, the Safeway-anchored Sequoia Shopping Center, and Caltrain, with convenient access to Highway 101 and I-280. Amenities include owned washer/dryer, separately metered electric and gas, and Siemens circuit-breaker sub-panels. California SB 721 mandated inspection has been completed and is on file. -- Built in 1923, the property generates approximately $112,140 in scheduled gross annual income, with net operating income of approximately $63,128, a 3.51% cap rate and 16.05 GRM.
Facts and features
Bedrooms
- Bedrooms: 3
Appliances
- Oven range gas
- Washer dryer
Heating and Cooling
- Cooling Features: Ceiling Fan
- Heating Features: Wall Furnace
- Ceiling Fans: Yes
Bathrooms
- Full Bathrooms: 2
Interior Features
- Flooring: Hardwood, Laminate, Tile, Vinyl Linoleum
Land Info
- Lot Size Acres: 0.137741
- Lot Size Square Feet: 6000
Garage and Parking
- Garage Spaces: 0
- Parking Features: Assigned Spaces, Covered Parking
- Parking Total: 1
Multi-Unit Info
- Number of Buildings: 1
- Number of Units In Community: 5
- Bedrooms in Unit-1: 1
- Bedrooms in Unit-2: 2
- Total Bathrooms in Unit-1: 1
- Total Bathrooms in Unit-2: 1
- Full Bathrooms in Unit-1: 1
- Full Bathrooms in Unit-2: 1
Schools
- 7
Sequoia High School
high · 9-12 · 0.2 mi
- 7
Clifford Elementary School
elementary · K-8 · 1.7 mi
Our Lady Of Mt. Carmel
elementary · PK-8 · 0.4 mi
- 7
John F. Kennedy Middle School
middle · 6-8 · 1.7 mi
- 10
North Star Academy
elementary · 3-8 · 0.2 mi
Redeemer Lutheran School
elementary · K-8 · 0.4 mi
Price history
- Oct 20, 2026 · Listed$1,800,000
- Mar 2, 1998 · Sold$300,000
- Jan 16, 1970 · Sold$38,000
Tax history
- 2025$7,143 tax · $651,456 assessed
- 2024$7,065 tax · $638,683 assessed
- 2023$6,959 tax · $613,884 assessed
- 2022$6,637 tax · $601,848 assessed
- 2021$6,573 tax · $590,048 assessed
- 2020$6,486 tax · $583,998 assessed
- 2019$6,463 tax · $572,548 assessed
- 2018$6,287 tax · $561,323 assessed
Home value
$1,782,000
- Collateral Analytics$1,782,000
Where it is
Listed by Nathan Gustavson · Compass SF · MLSListings
