BUY A PROVEN PERFORMER: TIRELESS CASH-COW - Low Vacancy, High Rental Demand, Consistent Rental Income 8 Townhouse-Style Apartment Home Units (All 3 BR / 1 BA on 2-Levels) Each Unit Offers Private Front Yard & Enclosed Garage Parking. Current Cap Rate: 4.66% / Pro-Forma Cap Rate: 5.2% Current GRM: 14.1 / Pro-Forma GRM: 13.1 Cost/SF: $592/SF Consistent Rental History with Low Tenant Turnover Excellent Unit Mix All 8 Units Offer Three (3) BR / One (1) BA Units Townhouse Style on 2-Levels Attractive Assumable Loan From Provident CU 3 of 8 Units Receive Partial Housing Assistance, Providing Steady Rent Collection Supply-Constrained Core Mid-Peninsula Submarket Ideal Housing (3 BR + Private Yard + Enclosed Garages) for Working Families Easy Access to Highway 101, Marsh Rd, Woodside Rd, El Camino Real Proven Performer With Solid Cashflow & Value Appreciation Building SF: 7,600 SF / Lot Size: 10,000 SF / Cost Per SF: $592/SF
Multi-familyProperty Type
1962Year Built
10,000 sq ftLot Size
$581Price/Sq.Ft.
8 car garageParking
Listed by Don Sung•DRE #01935797• Colliers Parrish International
Contact: 650-380-5188
Bought with Michael Henshaw•DRE #01134592• Marcus & Millichap
Bought with Aaron Sandoval Sandoval•DRE #02065316• Intero Real Estate Services
*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
24
Baths
8
Stories
2
Lot width
—
Lot depth
—
Lot size
10,050 Sq. Ft.
Year renovated
1962
Sq. Ft.
7,600
Year built
1962
Style
Multi-Family (5+ Unit)
County
San Mateo County
APN
055031230
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
Jan 25, 2011 • Final
Combination
Repair fire damage to the building.
Remodel
Oct 30, 2010 • Final
Plumbing
Perform a gas test to re-establish gas service.
Gas
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.
Meters: Primary Water, Separate Electric, Separate Gas
Sewer Septic: Sewer (Public)
Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
Trash Expense: $2,616
Utility Expenses: $8,820
Water Information
Water: Public
Location
School Information
Elementary School District: Redwood City Elementary
High School District: Sequoia Union High
Public facts
Beds: 24
Baths: 8.0
Sq. Ft.: 7,600
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: 055031230
Home facts updated by county records on Sep 2, 2026
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.