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Redwood City, CA

$3,100,000

128 Roosevelt Avenue, Redwood City, CA
0
Baths
1951
Built
1
Days listed

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

Interior
Bathrooms
0
Heating
Wall Furnace
Cooling
Wall Window Units
Exterior & lot
Lot size
0.229 acres (9,966 sq ft)
Year built
1951
Parking spaces
3
Community
Area
699 - Not Defined
County
San Mateo
Listing details
Status
Active
Property type
Commercial Sale
Days on market
1
Listed
2026-07-21
Parcel #
053094120
MLS #
ML82054947
Listed by
Jimmy Castellanos · Marcus & Millichap

Location

Price history

Listed
$3,100,000 · 2026-07-21
Days on market
1
Current price
$3,100,000
Financing

Could this home be yours?

Estimated monthly payment
$19,447
$15,675 principal & interest · $3,772 taxes & insurance
$620,000
Estimate only
Loan $2,480,000

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Listing data provided by CRMLS

Listing courtesy of Marcus & Millichap. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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