217 Alden St

Redwood City, CA 94063
  • $2,500,000

    Price
  • 4,992

    SqFt
  • 0.11

    Acre

About the Listing ML81457 - ML307400

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.

Listing Highlights for 217 Alden St

Status Active
Days on Site 89
Property Type Commercial Sale
MLS ® ML82054736
Year Built 1946
Total Square Footage 4,992
Lot/Acreage 0.11
County San Mateo
School District Other

Interior Details

  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water: Other

Exterior Details

  • Lot Description: No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 5
  • Zoning: r5
  • Roof: Shingle
  • Others:
  • Sewer:

Financial Details

  • Tax Amount: $27,517
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 052274080
  • Tax Year: N/A

Payment Calculator

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Listing Location

Questions About..

217 Alden St Redwood City, CA 94063

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Originating MLS: CRMLS

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Yury Medrano

Realtor | Los Angeles, CA & Boise, ID | Silvercreek Realty Group | Sky Homes & Estates

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