2483 Middlefield Road

Redwood City, CA 94063

$6,300,000

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

1964

calendar_month Built

Property 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.

Listing Information

List Price $6,300,000
Status Active
MLS ML81992938
HOA $0
Type Commercial
Year Built 1964
Lot Size 10,890
Structure Size N/A
DOM 16
Courtesy Of Compass
Listing Agent Ray Rodriguez DRE#01999734
Co-Listing Agent Tony Zizzo DRE#01962093

Interior Features

Total Bedroom
Bedrooms N/A

Maps

home_work Nearby Properties

Listing information courtesy of: Ray Rodriguez, Tony Zizzo, Compass 650-405-0743. *Based on information from the Association of REALTORS/Multiple Listing as of Feb 24th, 2025 at 10:23 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including 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.