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1005 Jones CourtRedwood City, CA 94063

For Sale

$2,000,000

Smart Buyer Rebate $20,000

1005-1111 Jones Road is a high-quality 4-plex in the desirable Friendly Acres location of Redwood City. The single-story property consists of (4) spacious 2+1 units ranging from 860-925 sq. ft. Each unit has access to a garage space and either large backyard or patio. The building has many upgrades including dual pane windows, dishwashers and disposals, in-unit laundry, and most have kitchen, bathroom and/or flooring modernization. Additionally, tenants benefit from close proximity to the Marsh Manor Shopping Center (Starbucks, Delucchi's Market, Freewheel Brewery, State of Mind Pizza, and many health/lifestyle retail concepts) and is convenient to Hwy 101. The professionally managed property boasts attractive financial performance.

Listed by Joel Hopman

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License #01934574

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Newmark Cornish & Carey

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415-722-2200

Listed by Steve Zirelli

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License #01929245

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Newmark Cornish & Carey

Last updated September 10, 2025

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Source: MLSListings #ML82019384

Listing Facts

  • TypeMulti-family
  • NeighborhoodFriendly Acres
  • Days on Prevu14
  • Taxes$26,597/year
  • Size4,502 sqft
  • Price per sqft$444

Amenities

  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

08/27/2025
Listed by Newmark Cornish & Carey
$2,000,000

Property Details for 1005 Jones Court

Exterior

Construction

  • Number Of Units Total: 4
  • Roof: Composition, Shingle
  • Stories: 1
  • Year Built: 1961
  • Year Built Details: 2

Measurements

  • Building Area Total: 4,502
  • Lot Size Acres: 0.27
  • Lot Size Area: 11,931
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 11,931
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 4.4
  • Gross Income: $133,598.00
  • Operating Expense Includes: Gardener, Insurance, Trash, Utilities, Vacancy Allowance, Water/Sewer

Taxes

  • Parcel Number: 055-033-350
  • Tax Annual Amount: $26,597.00

Interior

Features

  • Flooring: Hardwood, Laminate

Measurements

  • Living Area: 4,502

Parking

Parking

  • Carport: Yes
  • Garage Spaces: 4
  • Garage: Yes
  • Parking Features: Assigned Spaces, Attached Garage
  • Parking Total: 4

Schools

Elementary School

  • Elementary School District: Redwood City Elementary

High School

  • High School District: Sequoia Union High

Utilities

Equipment

  • Heating: Wall Furnace
  • Sewer: Public Sewer
  • Utilities: Public Utilities, Water - Public, Individual Electric Meters, Individual Gas Meters
  • Water Source: Public

Based on information from MLSListings™️ and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.