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Berkshire Hathaway HomeServices California Properties

217 Alden Street, Redwood City, CA 94063

$2,500,000 Approx. USD

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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

Steve Belluomini | steve.b@corcoranicon.com
Lic#: 01095848
Broker: Courtesy of Corcoran Icon Properties
Phone: 650-207-5253

Listing Details

Property type: (Commercial)

Property Sub-Type:

Status: Active

Listing ID: ML82054736

Price: $2,500,000

Rental Rate: $2,500,000

Lot Size:

HOA Fee is $0.00

Built in 1946

0.11 acres

County: San Mateo

Zoning: r5

Heating/cooling: None

Last Updated: 7/21/2026

Days On Market (DOM): 19

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Lat/Long: 37.489250, -122.235088.
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Lot Details

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

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Property Details

Well-Located Apartment Investment ±4,992 SF, five-unit apartment building near downtown Redwood City an all two-bedroom / one-bath unit mix on a Â±5,000 SF lot, offering durable residential income in one of the Peninsula's most supply-constrained rental markets. Strong In-Place Rental Income Five two-bedroom units provide stable, in-demand housing product with immediate cash flow at close. Downtown Redwood City Â· Walkable & Transit-Rich Blocks from downtown Redwood City, the Caltrain station, and the Sequoia Station retail district a highly walkable location with strong tenant demand from the Oracle, Electronic Arts, and Box employment base and Stanford in Redwood City. Mid-Peninsula Supply-Constrained Hold Severely constrained housing supply between San Francisco and San Jose, combined with Redwood City's status as the largest city on the Mid-Peninsula, supports durable occupancy, rent growth, and a defensive long-term multifamily hold.

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