217 Alden, Redwood City CA 94063 | $2,500,000
Listing provided courtesy of Steve Belluomini of Corcoran Icon Properties. Last updated 2026-08-17 08:25:37.000000. Listing information © 2026 SANDICOR.
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.
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Parking Spots: 5.00
Carport Spaces: 0.00
Other
