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Sold for $3,000,000 on 11/07/25
  • $3,000,000

    Madison Redwoodcity, Redwood City, CA 94061

    --beds
    --baths
    5,944sqft
    Five Or More Units, Residential Income
    Built in 1958
    -- sqft lot
    $3,000,200 Zestimate®
    $505/sqft
    $-- Estimated rent

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    $18,693/mo

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    $18,693/mo

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    What's special

    True turnkey apartment building in excellent Redwood City location. Attractive Unit Mix: (2) Two-Bedroom / One Bath Units & (5) One-Bedroom / One-Bath Units. Four of the seven units are renovated. Several recent capital improvements including New roof, upgraded electrical meeting current insurance requirements, new catwalk, new exterior paint, new drainage & new water heater. Day One 4.53% Cap Rate (true Cap Rate w/ fair underwriting). Zero deferred maintenance. Outstanding west Redwood City location walking distance to Whole Foods. All tenants have extra storage space and sufficient parking. Close proximity to all the high-end shopping, dining and entertainment amenities of robust & booming downtown Redwood City. Easy access to Woodside Road and Highways 101 & 280. One of the strongest rental submarkets on the Peninsula led by a high-class tenant profile paying premium rents.

    Zillow last checked: 8 hours ago

    Listing updated: November 07, 2025 at 05:33am

    Listed by:

    Matthew Thomson 01471708 650-515-6555,

    Compass 415-874-5000,

    Bryan Danforth 01789680 650-274-5227

    Bought with:

    Regan Cherrington, 02116601

    KW Advisors

    Source: MLSListings Inc,MLS#: ML82016541MLS Logo

    Facts & features

    Interior

    Heating
    • Gas, Wall Furnace
    Cooling
    • None
    Interior area
    • Total structure area: 5,944
    • Total interior livable area: 5,944 sqft

    Property

    Parking
    • Parking features: Carport
    • Has carport: Yes
    Accessibility
    • Accessibility features: Parking
    Lot
    • Size: 6,969 sqft
    Details
    • Parcel number: 053063150
    • Zoning: R3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Five Or More Units, Residential Income
    Materials
    • Foundation: Concrete Perimeter
    • Roof: Composition, Shingle
    Condition
    • Year built: 1958

    Utilities & green energy

    • Gas: PublicUtilities
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Public Utilities, Water Public

    Community & neighborhood

    Location
    • Region: Redwood City

    Other

    Other facts
    • Listing agreement: ExclusiveRightToSell
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    Estimated market value
    $3,000,200