Address
2451 Middlefield RD Redwood City, CA
Price
$ 8,500,000
Property Attributes
  • MLS#ML81858528
  • TypeMulti-Family
  • CountySAN MATEO
  • CityRedwood City
  • AreaDumbarton Etc.
  • Zip94063
  • Style
  • Price$ 8,500,000
  • Bedrooms1
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage15680
  • Lot Size11,273 SqFt
Listing Provided Courtesy Of:
Michael Yao with Brilyhome Inc..
Data Source:
MLSListings - 40 - CA
Property Description

2451 Middlefield Road offers an investor the unique opportunity to acquire a prime apartment property in one of the healthiest and most attractive submarkets on the peninsula. The building consists of (10) one-bedroom/ one-bath units and (8) studios. The property is well maintained and benefits from multiple improvements including a new roof and sewer pipe to the street. Most unit interiors benefit from renovated bathrooms, kitchens, and in wall heaters. The building has an on-site laundry facility with washers & dryers. Rents are currently below market allowing a purchaser to add value immediately. 2451 Middlefield Road is strategically located with excellent visibility directly across a recently renovated Costco Wholesale in close proximity to various shopping, dining, and cultural amenities of the downtown area as well as several major development projects highlighted on the following two pages.

Price History
8/16/2021 Listed $8,500,000

General Features

# of Buildings 1
Accessibility None
Age 57
City REDWOOD CITY
Cooling None
County San Mateo
Flooring Carpet, Laminate
Heating Electric, Wall Furnace
Listing Agent State License 01906514
MLS Area Dumbarton Etc.
Number of Garage Spaces 2
Property SubType Five or More Units
Property Type Commercial Multi-Residential (5+ units)
Restrictions Age - No Restrictions, No Waterbeds, Pets - Not Allowed, Pets - Rules
Roof Tar and Gravel
Security Features Fire Escape, Security Lights, Video / Audio System
Special Listing Conditions Not Applicable
Status Active
Utilities Individual Electric Meters
Water Public
Year Built 1964
Zoning Text R-3

Interior Features

Kitchen Oven Range - Electric, Refrigerator
Living Sqft 15680
Unit 1 Rent 1550
Unit 2 Number Of Bedrooms 1

Exterior Features

Building Area Total 15680
Foundation Details Concrete Perimeter
Lot Acres 0.2588
Lot Size Area 11275.00
Lot Size Units Square Feet
Maximum Lot Size 11275.00
Meters Master Gas, Master Water, Separate Electric
Parking Features Assigned Spaces
Parking Spaces 18
Sewer/Septic Sewer - Public, Sewer Connected

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 94063

Price
AVG $8.5M
$8.5M
Visits
AVG 37
37
Year Built
AVG 1964
1964
Walkscore
AVG 83
83
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.