4,992 sqft
$2,500,000
217 Alden Street, Redwood City CA, 94063
Price per sqft$500.80
Built in1946
Property size4,992 sqft
Property typeCommercial
Overview
Active
Listed Jul 18, 2026
Updated 2 days ago
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.
Additional information
- MLS® ID
- ML82054736
Interior Features
- Heating
- Yes
- Basement
- No
Exterior Features
- Lot Size
- 0.11 Acres
Listed by Steve Belluomini, with Corcoran Icon Properties
Listing Contact: 650-207-5253
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