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Berkshire Hathaway HomeServices California Properties

128 Roosevelt Avenue, Redwood City, CA 94061

$2,688,000 Approx. USD

Reduced by $412,000 on 8/5/2026

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

Jimmy Castellanos | jimmy.castellanos@marcusmillichap.com
Lic#: 02024152
Broker: Courtesy of Marcus & Millichap
Phone: 408-483-5040

Co Listing Agent

AJ Decristoforo | aj.decristoforo@marcusmillichap.com
Lic#: 02162593
Broker: Courtesy of Marcus & Millichap
Phone: 408-709-0383

Listing Details

Property type: (Commercial)

Property Sub-Type:

Status: Active

Listing ID: ML82054947

List price is $2,688,000 Reduced by $412,000 on 8/5/2026

Price: $2,688,000

Rental Rate: $2,688,000

Lot Size:

HOA Fee is $0.00

Built in 1951

0.23 acres

County: San Mateo

Zoning: R-4

Heating/cooling: Wall/Window Unit(s)

Heating description: Wall Furnace

Last Updated: 8/5/2026

Days On Market (DOM): 16

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Lat/Long: 37.478898, -122.226337.
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Lot Details

Easement Present: (Easement present. For more information, contact agent.)

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Property Details

Value-add opportunity in downtown Redwood City // LOW RENTS // BRING ALL OFFERS. Pleased to present 128 Roosevelt Avenue. Situated in the heart of Redwood City, 128 Roosevelt Avenue is a 10 unit apartment community offering a compelling value-add investment opportunity in one of the Peninsulas most supply-constrained rental markets. Built in 1951, the property consists of ten (10) one-bedroom/one-bathroom residences encompassing approximately 6,976 building square feet on a 9,967 square foot parcel (per county records). The property has been held under the same ownership for over 50 years. This represents a rare opportunity to acquire a premier-location multifamily asset at an attractive basis with significant upside potential.

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