Desert Lifestyle Properties Logo
$2,500,000
( $500.80Per Sq Foot )
 $13,421 est/mo Sourced by Back At You

217 Alden Street,Redwood City, CA 94063

Redwood City, CA 94063

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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.

Details

MLS #ML82054736
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1946
Days On Site73
Listing Provided ByCorcoran Icon Properties | Steve Belluomini

Features

SQ Feet4,992
Building(s)1
Zoningr5
Acreage0.11

Interior

CoolingNone
Cooling Yes / NoYes

Exterior

RoofShingle

Utilities

UtilitiesOther

Taxes

Property27517

Area Information

StateCA
CountySan Mateo
CityRedwood City
Zip Code94063
Area699 Not Defined
Listing VS Median (in 94063)
Price:
$2,500,000
low | high
Med:
$1,399,000
94.04% of Average
sqft:
4,992
low | high
Med:
1,050
100% of Average
$ / sqft:
$501
low | high
Med:
$1,332
100% of Average
On site:
73
low | high
Med:
8
100% of Average
Sourced by Back At You

Market Activity 94063

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Learn More About This Property

Desert Lifestyle Properties

Desert Lifestyle Properties

 (760) 818-7518info@desertlifestyleproperties.com
StateCA
CountySan Mateo
CityRedwood City
Zip Code94063
Area699 Not Defined
Listing VS Median (in 94063)
Price:
$2,500,000
low | high
Med:
$1,399,000
94.04% of Average
sqft:
4,992
low | high
Med:
1,050
100% of Average
$ / sqft:
$501
low | high
Med:
$1,332
100% of Average
On site:
73
low | high
Med:
8
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $1.875M - $3.125M
sqft: 3,500 - 6,000
Nearby Listings Property ImageNearby Listings Details
405 Arch Street Property Photo 1
$1,800,000
405 Arch Street
Redwood City, CA 94062
Listing Updated: August 21, 2026 at 9:36:06 PM PDT
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