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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 typeOther

Overview

Active

Listed Jul 18, 2026

Updated Jul 21

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.

$16,633/mo

Est. mortgage payment based on a $2,500,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
ML82054736

Interior Features

Heating
Yes
Basement
No

Exterior Features

Lot Size
0.11 Acres

Also listed on MLSLISTINGS

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Listed by Steve Belluomini, with Corcoran Icon Properties
Listing Contact: 650-207-5253 

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