$3,100,000
About this home
Value-add opportunity in downtown Redwood City // LOW RENTS // BRING ALL OFFERS. Pleased to present 128 Roosevelt Avenue. Situated in the heart of Redwood City, 128 Roosevelt Avenue is a 10 unit apartment community offering a compelling value-add investment opportunity in one of the Peninsulas most supply-constrained rental markets. Built in 1951, the property consists of ten (10) one-bedroom/one-bathroom residences encompassing approximately 6,976 building square feet on a 9,967 square foot parcel (per county records). The property has been held under the same ownership for over 50 years. This represents a rare opportunity to acquire a premier-location multifamily asset at an attractive basis with significant upside potential.
Facts & features
- Bathrooms
- 0
- Heating
- Wall Furnace
- Cooling
- Wall Window Units
- Lot size
- 0.229 acres (9,966 sq ft)
- Year built
- 1951
- Parking spaces
- 3
- Area
- 699 - Not Defined
- County
- San Mateo
- Status
- Active
- Property type
- Commercial Sale
- Days on market
- 1
- Listed
- 2026-07-21
- Parcel #
- 053094120
- MLS #
- ML82054947