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Redwood City, CA

$2,500,000

217 Alden Street, Redwood City, CA
0
Baths
1946
Built
2
Days listed

About this home

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.

Facts & features

Interior
Bathrooms
0
Cooling
None
Exterior & lot
Lot size
0.115 acres (5,000 sq ft)
Year built
1946
Parking spaces
5
Community
Area
699 - Not Defined
County
San Mateo
Listing details
Status
Active
Property type
Commercial Sale
Days on market
2
Listed
2026-07-18
Parcel #
052274080
MLS #
ML82054736
Listed by
Steve Belluomini · Corcoran Icon Properties

Location

Price history

Listed
$2,500,000 · 2026-07-18
Days on market
2
Current price
$2,500,000
Financing

Could this home be yours?

Estimated monthly payment
$15,683
$12,641 principal & interest · $3,042 taxes & insurance
$500,000
Estimate only
Loan $2,000,000

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Listing data provided by CRMLS

Listing courtesy of Corcoran Icon Properties. © 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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