2800 Devonshire AVE, Redwood City, CA 94063
($54,000 PRICE REDUCTION ). 2 units with 2 different addresses on the same parcel:..2800 Devonshire Ave, (1 bed / 1 ) bath and 140 Dumbarton Ave (1 Bed/1 Bath). ---Great Location, Borderline Atherton and only 5 miles away to Stanford ( Shopping Center and University).------BUY AS AN OWNER OCCUPIED: With 20% Down payment, PITI = $4267month ( - Rental Income 2115) = $2152 / month is your actual cost - 1988 /mth is paid towards your principal = 163.11 /mth. Your Net Cost of Living in the property = $163 / month.---------BUY AS AN INVESTOR: 25% Down payment , Total rental Income = $ 2300 + $2115 = $4415. Your PITI = $4160, = $ 255 /mth/ positive income - 64 /mth garbage = 191 net positive income and start building $1864 / month equity immediately. + appreciation value in the life time of the loan. ACT NOW. IT'S A NO BRAINER.
Features
Cooling | None |
Existing Lease Term(s) | Month to Month |
Flooring | Laminate |
Garage Parking Features | Carport, No Garage, Tandem Parking, Uncovered Parking |
Heating | Gas, Wall Furnace |
Horse Property | No |
Listing Class | Residential Income (2-4 units) |
No of Stories | 1 |
Roof | Shingle |
Security Features | None |
Sewer Septic | Sewer - Public, Sewer Connected |
Subclass | Duplex |
Water | Individual Water Meter, Public |
Community Info
Local Schools | |
Local Utilities | Recreation |
Restaurants | Home and Garden |
Schools
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Updated on 3/28/2024