$5,650,000 2483 Middlefield Rd Redwood City, CA

MLS: ML81772688   Type: Multi-Family   County: San Mateo   City: Redwood City   Area: Dumbarton Etc.   Zip: 94063  

Mortgage $26,526 /mo



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2483 Middlefield Road, a well located 15-unit apartment community in thriving Redwood City, California. Situated on 0.25 Acre parcel of land, the subject property was originally constructed in 1964 and has a gross building area of approximately 13,302 square feet. The unit mix consists of all one-bedroom one-bathroom floorplans. Tenants have access to such amenities as covered parking and on-site laundry facilities. Located in Redwood City, California, 2483 Middlefield Road presents an uncommon opportunity to acquire a significant amount of units in one of the strongest rental markets in the Bay Area and the country. The property is located on the main commercial corridor of Middlefield Road with dozens of local restaurants and shops within a three block radius. Boasting a walk score of 87, tenants can easily accomplish their daily errands on foot.

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Price History

10/16/2019 Listed $5,650,000

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Property vs Zip Code Avg (94063)

Price 5.65M Avg 6.81M

Sqr Feet 13,302 Avg 12,865

Cost / Sqr Ft $425 Avg $530

Acres 0.25 Avg 0.26

Visits 2 Avg 14

Days on Site 18 Avg 161

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Listing Provided Courtesy Of: Robert Johnston with Marcus & Millichap.

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Location & Address

40 Stone Pine Road, Suite H
Half Moon Bay, CA