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2561-67 El Camino Real, Redwood City, CA, 94061

3beds
2baths
6,385sqft
$4,000,000
$626price/sqft
$24,004/moest. monthly cost
$960,160/yrincome needed

About This Home

Rare mixed-use investment opportunity featuring two ground-floor retail/commercial spaces and multiple residential units. The commercial spaces consist of approximately 1,650 sq.ft. and 1,500 sq.ft., offering excellent visibility and flexibility for a variety of business uses. The residential component includes one upstairs 2-bedroom/1-bath unit, one upstairs 1-bedroom/1-bath unit, and two downstairs non-conforming 1-bedroom/1-bath units. The property offers 13 on-site parking spaces and benefits from convenient access from two streets, providing excellent accessibility for both commercial and residential tenants. An outstanding opportunity for investors seeking diversified income potential in a mixed-use asset.

Getting Around

86
WalkingVery Walkable
0
TransitVery Limited Transit
77
BikeVery Bikeable

Schools

4/10
7/10
8/10
Woodside High SchoolGrades 9-122.0 mi

Construction

Condition

  • Year built: 1954

Materials

  • Foundation: Concrete Perimeter and Slab
  • Roof: RolledHotMop

Type & Style

  • Home type: MultiFamily
  • Property subType: Residential Income

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2

Features

  • Door features: Other

Heating & Cooling

  • Heating features: Wall Furnace
  • Cooling features: Other

Interior Area

  • Total structure area: 6,385
  • Total interior livable area: 6,385 sqft

Property

Accessibility

  • Accessibility features: Other

Details

  • Parcel number: 054261290
  • Zoning: C2 & R3
  • Special condition: Standard

Features

  • Stories: 2

Lot

  • Lot size: 0.32 Acres

Parking

  • Total spaces: 13
  • Parking features: Parking Area
  • Carport: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding

FEMA Declared Disasters in San Mateo County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $20,226$242,712
Home Insurance *$309$3,708
Property Taxes $2,100$25,200
Electricity $1,369$16,430
Total$24,004$288,048
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$822,994/yr
40% on housing$720,120/yr
45% on housing$640,106/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.1%
7.1%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$626This listing

vs Other Active Listings

Avg $/sqft

ZIP 94061$823
San Mateo County$915

vs Homes Sold Last Month

Median $/sqft

ZIP 94061$1,225
San Mateo County$1,106

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-05Listed for sale$4,000,000
2019-12-16Sold$3,050,000
2016-04-13Listing removed$2,000,000
2016-04-13Pending sale$2,000,000
2016-02-29Listed for sale$2,000,000

For Sale by Agent

AgentYing Wei
BrokerageGoodview Financial & Real Estate

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