27
See all 27 photos
Listed by Steve Belluomini • Corcoran Icon Properties
$2,500,000
Est. payment /mo
4,992 SqFt
Active
217 Alden Street Redwood City, CA 94063
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,992 sqft
Price per Sqft $500
MLS Listing ID ML82054736
HOA Y/N No
Year Built 1946
Lot Size 5,000 Sqft
Property Sub-Type Other
Source Datashare MLSListings
Property Description
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 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 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.
Location
State CA
County San Mateo
Interior
Heating Other
Cooling None
Fireplace No
Exterior
Handicap Access Other
© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION