$6,195,000
( $465.72Per Sq Foot )
 $33,256 est/mo Sourced by Back At You

2483 Middlefield Road , Redwood City, CA 94063

Redwood City, CA 94063

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Description

Since 2020, this property has seen significant updates, with around $1 million invested in both interior and exterior renovations. It features fifteen spacious one-bedroom, one-bathroom units with open-concept floor plans. A portion of water, trash and sewer is billed back to landlord from the tenants. One of the units is currently vacant. The newly remodeled apartments highlight modern design elements, including premium Frigidaire stainless steel appliances, recessed LED lighting, engineered laminate flooring, and updated kitchens and bathrooms with snow white quartz countertops and high-end cabinetry. Many units also feature Wi-Fi-enabled lighting compatible with Amazon Alexa. Exterior improvements include a new TPO vinyl roof, refreshed landscaping, a new water heater, and a fresh coat of paint. The property offers 15 assigned garages, plus six additional parking spaces, along with private balconies for many units, a central communal area, and an on-site laundry room equipped with two washers and dryers. The property is conveniently across from Costco Wholesale, near downtown Redwood City, and close to employers like Meta and Google. With its strong appeal and excellent location, the property benefits from a robust rental market and historically low vacancy rates.

Details

MLS#ML81992938
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1964
Days On Site75
Listing Provided ByCompass (415) 345-3000 | Ray Rodriguez

Features

SQ Feet13,302
Building(s)1
ZoningRM
Acreage0.25

Market Activity 94063

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Listings Checked: 4 minutes ago
StateCA
CountySan Mateo
CityRedwood City
Zip Code94063
Area699 Not Defined
School DistrictOther
Listing VS Median (In 94063)
Price:
$6,195,000
low | high
Med:
$1,618,000
100% of Average
SqFt:
13,302
low | high
Med:
2,080
100% of Average
$ / SqFt:
$466
low | high
Med:
$778
17.028590054014% of Average
On site:
75
low | high
Med:
767.000000
9.778357235984% of Average
Sourced by Back At You
Listing Updated: April 17, 2025 at 7:04:22 PM PDT