Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
Listed by Corcoran Icon Properties, Steve Belluomini, Listing Contact: (650) 281-8877
4,992 sqft

$2,500,000

217 Alden ST, Redwood City CA, 94063

Price per sqft$500.80
Built in1946
Property size4,992 sqft
Property typeResidential

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.

$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

Other Property Details

Garage
Yes

Also listed on BEAR

MLS provider logo

Listed by Corcoran Icon Properties, Steve Belluomini DRE:01095848,
Listing Contact: (650) 281-8877 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Costantini Team | CA DRE# 01498092 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLS Listings, Inc. MLS system. Real estate listings held by brokerage firms other than Costantini Team | CA DRE# 01498092 are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents.

Data Services by Constellation Data Labs. ©2026 MLS Listings, Inc. All rights reserved. 2026

Data last updated 8:20 PM UTC, 9/18/2026

 

 

Powered by Luxury Presence