42-46 Oakwood Dr is a stunning 3-unit investment opportunity located in the thriving city of Redwood City, California. Situated on an 8,307-square-foot parcel of land, the subject property was originally constructed in 1949 and has a gross building area of approximately 2,401 square feet. The subject property offers its tenants beautifully designed two-bedroom and one-bedroom floor plans. 42-46 Oakwood Dr has seen recent capital improvements in two of the units including quartz countertops, stainless steel appliances, and hardwood flooring. Additionally, the subject property features a shared brick courtyard, two covered carports with additional on-site parking, a shared storage space, and individual water heaters. 42-46 Oakwood Dr also offers potential value-add opportunities with approved development plans for three ADUs. These ADUs would double the number of units on the property, offering both two-bedroom and one-bedroom floor plans.

• MLS: ML81945554
• Type: Triplex
• Listed: 10/19/2023
• Sold Date: 12/11/2023
• Schools: GS Dist: Redwood City Elementary District
  HS Dist: Sequoia Union High District
• Year Built: 1949

Garage Parking Features Covered Parking General Features Cooling: None Existing Lease Term(s): 1 Year Lease Horse Property: No No of Stories: 1 Roof: Shingle Security Features: None Sewer Septic: Sewer - Public Subclass: Triplex Water: Public

Heating Fireplace Wall Furnace

Listing Class Residential Income (2-4 units)