42 Oakwood Dr, Redwood City, CA 94061
SOLDDEC 11, 2023

42 Oakwood Dr
Redwood City, CA 94061

Redwood Oaks
  • 3 Beds
  • 3 Baths
  • 2,401 sqft
  • 3 Beds
  • 3 Baths
  • 2,401 sqft

$1,795,000

Last Sold: Dec 11, 2023
$748/sqft
Est. Refi. Payment $11,337/mo*

Homes for Sale Near 42 Oakwood Dr

Local Information

map showing home location
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-- mins to
Commute Destination

Description

This property is no longer available to rent or to buy. This description is from December 11, 2023
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.

Home Highlights

Parking
2 Carport Spaces
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$748/sqft
Listed
180+ days ago

Home Details for 42 Oakwood Dr

Interior Features

Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 3
Dimensions and Layout
Living Area: 2401 Square Feet
Appliances & Utilities
Utilities: Public Utilities, Water Public
Heating & Cooling
Heating: Fireplace(s),Wall FurnaceAir Conditioning: NoneHeating Fuel: Fireplace S
Gas & Electric
Gas: PublicUtilities
Windows, Doors, Floors & Walls
Door: None
Levels, Entrance, & Accessibility
Stories: 1Accessibility: None

Exterior Features

Exterior Home Features
Roof: ShingleFoundation: Wood Frame
Parking & Garage
Number of Carport Spaces: 2Number of Covered Spaces: 2Has a CarportNo GarageParking Spaces: 2Parking: Covered
Water & Sewer
Sewer: Public Sewer
Farm & Range
Not Allowed to Raise Horses

Property Information

Year Built
Year Built: 1949
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Triplex,
Property Information
Included in Sale: Building, LandParcel Number: 059171060

Price & Status

Price
List Price: $1,795,000Price Per Sqft: $748/sqft

Active Status

MLS Status: Sold

Location

Direction & Address
City: RedwoodCity
School Information
Elementary School District: RedwoodCityElementaryHigh School District: SequoiaUnionHighWalk Score: 85

Building

Building Area
Building Area: 2401

HOA

No HOA

Lot Information

Lot Area: 8307 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Agreement Type: ExclusiveAgency

Compensation

Buyer Agency Commission: 2Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Rental

Lease Term: 12 Months

Miscellaneous

Mls Number: ML81945554
Last check for updates: about 11 hours ago
Listed by Cole Simpson 02016525, (650) 888-7696
Marcus & Millichap
Robert Johnston 01853816, (650) 391-1744
Marcus & Millichap
Bought with: Kimberly Carter 01963664, (650) 208-5516, Coldwell Banker Realty
Source: MLSListings Inc, MLS#ML81945554

Price History for 42 Oakwood Dr

DatePriceEventSource
12/11/2023$1,795,000Sold
MLSListings Inc #ML81945554
11/05/2023$1,795,000PriceChange
MLSListings Inc #ML81945554
10/19/2023$1,895,000Listed For SaleMLSListings Inc #ML81945554
09/29/2021$1,730,625Sold
MLSListings Inc #ML81853137
08/25/2021$1,950,000ContingentMLSListings Inc #ML81853137
07/12/2021$1,950,000Listed For SaleMLSListings Inc #ML81853137

Property Taxes and Assessment

Year2023
Tax$19,707
Assessment$1,765,620
Home facts updated by county records

Comparable Sales for 42 Oakwood Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.30
Multi-Family Home
$1,625,000
10/10/23
4
3
2,700
0.15
Multi-Family Home
$1,705,000
01/05/24
6
4
3,478
0.44
Multi-Family Home
$1,380,000
08/22/23
4
3
1,780
0.73
Multi-Family Home
$1,625,000
03/01/24
5
3
2,042
0.55
Multi-Family Home
$1,318,000
02/20/24
3
2
1,398
0.44
Multi-Family Home
$1,700,000
04/11/24
7
4
4,292

Assigned Schools

These are the assigned schools for 42 Oakwood Dr.
GreatSchools ratings are based on test scores and additional metrics when available.
Check with the applicable school district prior to making a decision based on these schools. Learn more.

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Redwood Oaks

  • Trulia User
    "Not a ton of sidewalks to walk dogs on and some cars drive really fast can feel unsafe sometimes. On the up side lots of dogs in the area. "
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  • Trulia User
    "We’ve lived here 7 years and love it! We lucked out on the purchase since there were half dozen offers."
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  • Terbear87
    "You see people walking their dogs all the time. We all know each other by our dogs' names. All the pups know each other too!"
    2
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  • Karrie M.
    "There is low to no crime at all, the neighborhood is very diverse and we all watch out for each other"
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  • Kelly B.
    "I've lived in this neighborhood for 5 years now and it's gorgeous. It's like an oasis from the business of the city. Mostly older folks with dogs live here and a few grad students, and young professionals. Everyone is kind and welcoming. Always well lit and clean."
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  • Karrie M.
    "The people in my neighborhood are kind and friendly and always are watching out for each other. We have a very diverse neighborhood and a very safe neighborhood"
    0
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  • Karrie M.
    "It’s safe and friendly neighborhood. We all take care of each other! There’s a park around the corner and amenities within walking distance, not to mention the schools have excellent success ratings. "
    0
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  • Ikelvet
    "It’s charming and quiet, people enjoy living here. Houses are well kept and it’s safe. Schools are not good hence there are no kids"
    0
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  • Doris B.
    "I live near here for over 25 years. Never had crime. Great neighborhood, parents like schools. Neighbors are nice."
    0
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  • Gail
    "I live in Redwood City - perfect location; close to everything. Downtown Redwood City has some great restaurants and nightlife. Summer time music in the park and at city hall."
    1
    Flag

LGBTQ Local Legal Protections

Based on information from the MLSListings MLS as of 2024-04-29 03:15:09 PDT. 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.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Homes for Rent Near 42 Oakwood Dr

Off Market Homes Near 42 Oakwood Dr

42 Oakwood Dr, Redwood City, CA 94061 is a 3 bedroom, 3 bathroom, 2,401 sqft multi-family built in 1949. 42 Oakwood Dr is located in Redwood Oaks, Redwood City. This property is not currently available for sale. 42 Oakwood Dr was last sold on Dec 11, 2023 for $1,795,000 (0% higher than the asking price of $1,795,000). The current Trulia Estimate for 42 Oakwood Dr is $1,908,500.