The building has an attractive unit mix consisting of (8) two bedroom/ one bath units & (2) one bedroom/ one bath units. All units have private balconies or patios and two of the 2x1s have small private yards. The property benefits from excellent in-place rents allowing a new owner to immediately achieve a 6.78% Cap and 9.60 GRM. Significant improvements including new paint & dual pane windows.
Multi-familyProperty Type
1962Year Built
10,000 sq ftLot Size
$141Price/Sq.Ft.
Listed by Georgina Rodriquez•DRE #01299928• Cassidy Turley Northern California, Inc.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
18
Baths
1
Stories
2
Lot width
—
Lot depth
—
Lot size
10,050 Sq. Ft.
Year renovated
1962
Sq. Ft.
9,370
Year built
1962
Style
Multi-Family (5+ Unit)
County
San Mateo County
APN
055031260
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 2, 2026.
R-3
Multi-Family-Low Density District
This district is intended for medium scale residential densities, as permitted in the General Plan. Dwelling types include small lot single-unit development, bungalow courts, front or rear loaded townhomes, multi-unit buildings, and accessory dwelling units. This district also allows for complementary uses such as child care, other care facilities, park and recreation facilities, and civic and institutional uses such as schools and places for community assembly.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Nov 16, 2011 • Final
Roof
Re-roof apartment buildings.
Roofing
Jul 28, 2010 • Active
Construction permits
Replace the sewer line connecting to the main line.
Plumbing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Parking Description: Carport
Interior
Interior Features
Laundry: Washer/Dryer (Owned Coin-Op)
Flooring: Carpet
Heating & Cooling Information
Heating: Gas
Multi-Unit Information
# of Units in Complex (Minimum): 5
# of Units in Complex (Maximum): 12
# of 1 Bed 1 Bath Units: 2
Minimum Rent (1 Bed 1 Bath): $850
Maximum Rent (1 Bed 1 Bath): $900
# of 2 Bed 1 Bath Units: 8
Minimum Rent (2 Bed 1 Bath): $1,125
Maximum Rent (2 Bed 1 Bath): $1,300
Annual Rental Income: $138,600
Annual Gross Income: $135,936
Gross Rent Multiplier: 9.60
Gross Scheduled Income: $141,600
Other Expenses: $1,250
Rent Annual Income: $138,600
Total Expenses: $43,833
Vacancy Amount: 5,664
Vacancy Factor: 4
Exterior
Exterior Features
View: Local/Neighborhood
Roof: Tar and Gravel
Building Information
Unit Types in Building: 1 Bedroom Unit(s), 2 Bedroom Unit(s)
Elementary School District: Redwood City Elementary
High School District: Sequoia Union High
Public facts
Beds: 18
Baths: 1.0
Sq. Ft.: 9,370
Stories: 2.0
Lot Size: 10,050 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1962
Year Renovated: 1962
County: San Mateo County
APN: 055031260
Home facts updated by county records on Sep 2, 2026
Other
Miscellaneous Information
Incorporated: Yes
Around this home
Schools
Taft Elementary School
Public K-5 • Assigned • 0.3mi
4/10
John F. Kennedy Middle School
Public 6-8 • Assigned • 3.0mi
7/10
Menlo-Atherton High School
Public 9-12 • Assigned • 2.0mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Local insights from Redfin agents
More homes came on the market this June, giving buyers additional choices without slowing demand. Neighborhoods close to downtown and those offering larger lots continue to see strong activity when priced well.