Property Overview:
1109 Stambaugh St is a multi-family home in Redwood City, CA 94063, built in 1949. The property features 4 units across 2 stories, with a total of 3,877 sq. ft. of living space on a 5,000 sq. ft. lot. Each unit includes 1 bedroom, 1 bathroom, a living room with wall heating, kitchen with dining area, and one-car garage. The estimated home value is $1,503,770.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 7.2% (lower than state average of 11.8%).
- Property crime risk: 5.9% (lower than state average of 10.8%).
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Schools:
Nearby schools include Hoover Elementary, Kipp Excelencia Community Preparatory, Summit Preparatory Charter High, and North Star Academy.- Average SAT score: 1069 (551 Math, 518 English), above state average of 975.
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Job Market:
- 61.9% blue-collar jobs, 38.1% white-collar jobs.
- Unemployment rate: 4.9% (slightly above state average of 4.7%).
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Demographics:
- Community population: 34,614 (12% growth since 2000).
- 66% families with children.
- Largest age group: 25-34 years (19.06%); second largest: 35-44 years (15.77%).
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Natural Disaster Risk:
- Low flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 51.9°F (January), 84.3°F (July).
- Average rainfall: 19.9 inches/year.
- Average snowfall: 0 inches/year.
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Cost of Living:
- Median household income: $48,639.
- Average annual spending: $42,138.
Property Features:
- Four units, each with:
- 1 bedroom, 1 bathroom, living room with wall heating, kitchen with dining area, one-car garage.
- Monthly rent range: $800 to $880 (month-to-month tenancy, no rent control).
- Low maintenance and good investment property.
- Very good tenants; easy to show.
- Comparable nearby homes: 652 Leahy St, 721 3rd Ave, 373 Carlos Ave.
- Zoning: R-3 Multifamily.
- Reported size: 2,467 sq. ft. (may differ from total living area).
Location Benefits:
- Convenient to grocery stores: Foods Co, Smart & Final, Mi Rancho Supermarket.
- Nearby coffee shops: Starbucks, Lovejoy’s Tea Room.
- Nearby restaurants: La Estrellita Restaurant, Burger King, El Grullense E & E.
- Close to parks: Hoover Park, Jardin de Ninos Park, Linden Park.
- Commuter-friendly location in central Redwood City.