127 Franklin ST, Redwood City, CA 94063

$1,599,000
4
BD
2,199
SqFt

Listed by Joshua Johnson, 650-391-1784 from Marcus & Millichap
(If provided) CoList: David Cutler from Marcus & Millichap

List Price
$1,599,000
Closing Date
Oct 18, 2024
MLS#
ML81973392
Status
CONTINGENT
Zoning
Downtown Precise Plan
Year Built
1895
Age
129
City
Redwood City
Lot Size
7,500
Zip
94063
Sqft. of Residence
2,199
Listing Area
Lenolt Etc.
Acres
0.17
Neighborhood
Staumbaugh-Heller

Property Description

127 Franklin Street measures approximately 2,199 square feet and is situated on a 7,500 square foot lot. Known as The Holmquist House, the structure was built circa 1895 as a four-bedroom residence. Since then, the property was converted to a duplex with two, two-bedroom units. The property is located within the Downtown Precise Plan Area in Redwood City and has a land use designation of Downtown General. This designation allows for a wide range of uses, including residential, office, and commercial. The existing improvements can be utilized in their current configuration, or the site could be redeveloped or converted to another permitted use. Redwood City has been going through a dramatic transformation over the last 13 years, particularly in the downtown area. Since the Downtown Precise Plan was approved in 2011, more than 2,000 residential units and 1.65 million square feet of office and commercial space has been developed in the downtown area. Additionally, 540 residential units and 860,000 square feet of office space are currently under construction, with another 270,000 square feet of office space in the planning stages.

Additional Information

Acres
0.17
Cooling System
None
Floor Covering
Carpet, Vinyl / Linoleum
Foundation
Crawl Space
Garage Parking
Parking Area
Heating System
No Heating
Laundry Facilities
Hookups Only
Living Area
2,199
Lot Description
Grade - Level
Lot Size
7,500
Neighborhood
Lenolt Etc.
Other Utilities
Individual Electric Meters, Individual Gas Meters
Roof
Shingle
Sewer
Sewer - Public
Unit1 Beds
2
Unit2 Beds
2
Water
Public
Zoning
Downtown Precise Plan

Mortgage Calculator

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Calculator source: Real Geeks

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