tomo logo

$1,600,000

Beds
6
Baths
5.0
sq ft
2,298

3502 Hoover St, Redwood City, CA 94063

3502 Hoover St

Redwood City, CA 94063

  • 3 days on market
Welcome to 3502 Hoover St. This unique multi-family home is located in the hearth of the Bay Area!! Nestled in Redwood City Friendly Acres neighborhood, with proximity to the New Stanford Campus, Stanford University, Costco, Sigona's Farmers Market and Vibrant Downtown Redwood City. Walk into 4 separate units featuring bright and open interiors, lovely floor plans. The main house with 3Bd/ 2bths along with a 1-car garage. It has an open floor plan, large bedrooms, a laundry area, an updated kitchen with quartz countertops, a spacious dining area for those family gatherings and for those chilly nights, there is a cozy fireplace. Additionally, there are 3 studios in the rear, each equipped with laminating flooring, a tall shower, and a gas stove. Each unit has its own gas meter providing convenience and accurate billing. Outside, youll find a beautiful front yard adorned with flowers and fruit trees. Conveniently located in a prime Redwood City neighborhood, this residence provides easy access to schools, parks, shopping, and dining, ensuring a lifestyle of comfort and convenience. A great investment, the perfect residence and opportunity for first time buyer, family or investor! Live in the main house and rent the other units or rent both. Excellent rental income. Will not last!!

Details

Property type

Single Family Residence

Est. home value

$1,840,935

Lot size

7,400 sq ft

Price per sq ft

$697

Year built

1939

HOA

No

Price History

11/15/2024
BridgeMLS

BridgeMLS #ML81986772

Listed
$1,600,000
-8.57%
08/11/2024
BridgeMLS

BridgeMLS #ML81965683

Removed
$1,750,000
06/10/2024
BridgeMLS

BridgeMLS #ML81965683

Listed
$1,750,000

Schools & Community

Neighborhood: 

Friendly Acres

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Sequoia Union High

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Quicken Loans Inc

Loan start date

March 2018

Original loan amount

$616,000

Est. remaining balance

$535,249

Interest rate

4.04%

Loan type

New Conventional, 30 year

Seller

Leonila Torres and Isidor Torres

Lender

Washington Mutual Bank Fa

Loan start date

January 2000

Original loan amount

$428,000

Est. remaining balance

Not provided

Interest rate

3.95%

Loan type

Commercial, 30 year

Seller

Leonila Torres and Blanca M Revuelta

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/19/2024 at 5:30 AM

Listing updated: 11/16/2024 at 3:06 AM

Listed by: Amelia Middel, Coldwell Banker Realty Phone #: (650) 704-3064

MLS: BridgeMLS #ML81986772

BridgeMLS logo

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