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    Mixed-Use Apartment & Restaurant Building
    Updated: Jun 7
    Mixed-Use Apartment & Restaurant Building

    2393 Spg, Redwood City, CA 94063

    $1,988,000
    6,405 sqft 0.30 AC lot
    Multi‑tenant property at 2391–2395 Spring Street, Redwood City
    5 apartments plus an on‑site commercial restaurant
    Detached building includes 6 garages
    Lot area is 12,877 SF; total living/restaurant area is 6,405 SF
    Downtown Redwood City setting with close transportation and freeway access
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    This listing looks promising.

    Here's a quick look at some key insights for

    2393 Spg, Redwood City, CA 94063

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    • Est. Cap Rate

      8.8%
      Above avg (5.9%)

    • Est. NOI

      $174K
      Annual

    • Mortgage

      $665K
      Sep 2022

    • Last Sold

      Sep 2022
      $1.08M

    • Property Type

      Retail Stores
      Built 1949
    View Property Analytics
    Redwood City Multifamily Investment Opportunity
    Updated: Jan 7
    Redwood City Multifamily Investment Opportunity

    1151 Davis Street, Redwood City, CA 94061

    $3,100,000
    5,510 sqft
    Completely renovated units: new kitchens, bathrooms, flooring, doors, molding, and Schlage Smart Locks.
    Turnkey investment opportunity in a desirable west of El Camino location in Redwood City.
    Mix of unit types: one 2‑bedroom, five 1‑bedroom, and one studio unit.
    Electrical main panels upgraded; most sub‑panels upgraded.
    Two units with balconies and two with private yards.
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    Redwood City Townhouse Community
    Redwood City Townhouse Community

    736 Madison Avenue, Redwood City, CA 94061

    $3,300,000
    8,404 sqft 0.24 AC lot

    Six-unit townhouse community in Redwood City, near downtown.

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    Multi-Family Residential Income Building
    Multi-Family Residential Income Building

    1728 Broadway, Redwood City, CA 94063

    $1,950,000
    4,452 sqft

    For sale multi-family residential income building located at 1728 Broadway in Redwood City, California.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    78-Unit Multifamily Apartment Building
    78-Unit Multifamily Apartment Building

    3051 Edison Way, Redwood City, CA 94063

    $9,200,000
    0.54 AC lot

    Multifamily property with 78 units across studio and 1- and 2-bedroom layouts, subject to SB 35 affordability requirements.

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    Turnkey Multifamily with ADU
    Turnkey Multifamily with ADU

    403 Vera Ave, Redwood City, CA 94061

    $2,650,000

    Remodeled 1949 multifamily offers multiple unit layouts plus a new-construction ADU, with in-unit laundry and updated systems.

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    Townhome-Style Multifamily Property
    Townhome-Style Multifamily Property

    3290-3296 Rolison Rd, Redwood City, CA 94063

    Contact for pricing
    7,600 sqft 0.23 AC lot

    Eight three-bedroom, one-bath units are configured across two levels with private front yards and enclosed garage parking.

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    Renovated Multi-Unit Apartment Building
    Renovated Multi-Unit Apartment Building

    116 Pine Street, Redwood City, CA 94063

    $3,395,000

    Fully renovated 10-unit building with a mix of one- and two-bedroom apartments near downtown Redwood City amenities.

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    Two-Story 12-Unit Apartment Building
    Two-Story 12-Unit Apartment Building

    2796 Blenheim Ave, Redwood City, CA 94063

    Contact for pricing

    Two-story 12-unit apartment building built in 1980, offering covered parking and partially renovated units.

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    Redwood City Multifamily Investment Opportunity
    Redwood City Multifamily Investment Opportunity

    1035 Adams St, Redwood City, CA 94061

    $3,200,000

    Eight-unit property in Redwood City with value-add potential.

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 10 Active listings in Redwood City, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 62 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Five-Unit Multifamily Property
    Five-Unit Multifamily Property

    1129 Willow Road, Menlo Park, CA 94025

    $1,880,000
    3,852 sqft 0.14 AC lot

    Constructed in 1951, this five-unit multifamily asset features private garage parking and maintained front lawn areas.

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    7-Unit Multifamily Building
    7-Unit Multifamily Building

    552 Walnut Street, San Carlos, CA 94070

    $2,950,000
    7,877 sqft

    Seven total units include six one-bedroom homes and one three-bedroom unit with an attached two-car garage.

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    San Carlos 7-Unit Multifamily Property
    San Carlos 7-Unit Multifamily Property

    552 Walnut Street, San Carlos, CA 94070

    $2,750,000
    7,877 sqft

    7-unit building in vibrant San Carlos, great location.

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    Entitled Mixed-Use Property
    Entitled Mixed-Use Property

    201 El Camino Real & 612 Cambridge Ave, Menlo Park, CA 94025

    Contact for pricing

    Fully entitled for 12 condominiums, 7,075 SF of ground floor retail, and two standalone townhomes.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land with Freeway Exposure
    Commercial Land with Freeway Exposure

    31426 The Old Road N, Castaic, CA 91384

    $2,250,000
    2.05 AC lot

    Over 2 acres with 400+ feet of CA-5 exposure across three APNs in Castaic.

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    Lancaster Corner Lot Investment Opportunity
    Lancaster Corner Lot Investment Opportunity

    Newgrove Street, Lancaster, CA 93534

    $350,000
    0.17 AC lot

    0.17-acre corner lot in Lancaster with development potential.

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    Development Opportunity with DTLA Views
    Development Opportunity with DTLA Views

    700 Lookout Dr, Los Angeles, CA 90012

    $799,000
    0.22 AC lot

    Land with potential for up to 23 units.

    View details
    Pahrump Land Investment Opportunity
    Pahrump Land Investment Opportunity

    2001 Casino Street, Pahrump, NV 89048

    Contact for pricing
    0.31 AC lot

    0.31 acre multi-family zoned lot in growing Pahrump, Nevada.

    View details

    Off-Market Properties in Redwood City, CA

    Consider similar Off-Market properties in Redwood City, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2580 El Camino Real
    APARTMENT HOUSE (5+ UNITS)

    2580 El Camino Real, Redwood City, CA 94061-3899

    Value Estimation by Request
    135,896 sqft 2.48 AC lot
    View details
    219 Jackson Ave
    APARTMENT HOUSE (5+ UNITS)

    219 Jackson Ave, Redwood City, CA 94061-1695

    Value Estimation by Request
    6,850 sqft 0.15 AC lot
    View details
    616 Cyn Rd
    APARTMENT HOUSE (5+ UNITS)

    616 Cyn Rd, Redwood City, CA 94062-3057

    Value Estimation by Request
    20,832 sqft 0.38 AC lot
    View details
    517 Vera Ave
    APARTMENT HOUSE (5+ UNITS)

    517 Vera Ave, Redwood City, CA 94061-1797

    $2,525,000
    Estimated value
    6,249 sqft 0.16 AC lot
    View details
    600 Brewster Ave
    APARTMENT HOUSE (5+ UNITS)

    600 Brewster Ave, Redwood City, CA 94063-1521

    $9,420,000
    Estimated value
    37,915 sqft 0.46 AC lot
    View details
    280 Howland St
    APARTMENT HOUSE (5+ UNITS)

    280 Howland St, Redwood City, CA 94063-1201

    $7,880,000
    Estimated value
    18,865 sqft 0.28 AC lot
    View details
    150 Harrison Ave
    APARTMENT HOUSE (5+ UNITS)

    150 Harrison Ave, Redwood City, CA 94062-1077

    $10,210,000
    Estimated value
    19,293 sqft 0.49 AC lot
    View details
    736 Cedar St
    APARTMENT HOUSE (5+ UNITS)

    736 Cedar St, Redwood City, CA 94063-2490

    $985,000
    Estimated value
    5,310 sqft 0.23 AC lot
    View details
    309 Oak Ave
    APARTMENT HOUSE (5+ UNITS)

    309 Oak Ave, Redwood City, CA 94061-2391

    $2,200,000
    Estimated value
    0.44 AC lot
    View details
    255 Harrison Ave
    APARTMENT HOUSE (5+ UNITS)

    255 Harrison Ave, Redwood City, CA 94062-1013

    $1,210,000
    Estimated value
    6,222 sqft 0.30 AC lot
    View details
    3071 Williams Ave
    APARTMENT HOUSE (5+ UNITS)

    3071 Williams Ave, Redwood City, CA 94063-3761

    $1,190,000
    Estimated value
    3,540 sqft 0.20 AC lot
    View details
    1207 Hopkins Ave
    APARTMENT HOUSE (5+ UNITS)

    1207 Hopkins Ave, Redwood City, CA 94062-1599

    $5,360,000
    Estimated value
    13,599 sqft 0.19 AC lot
    View details
    1518 Oxford St
    APARTMENT HOUSE (5+ UNITS)

    1518 Oxford St, Redwood City, CA 94061-2894

    $2,510,000
    Estimated value
    14,426 sqft 0.42 AC lot
    View details
    154 Poplar Ave
    APARTMENT HOUSE (5+ UNITS)

    154 Poplar Ave, Redwood City, CA 94061-3098

    $1,705,000
    Estimated value
    5,050 sqft 0.13 AC lot
    View details

    Redwood City, CA Apartment Buildings Market Trends and Statistics

    Explore 72 apartment buildings for sale in Redwood City, CA, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 32,371 square feet of properties for sale, with an estimated market value of $28,783,000.

    Sale prices for two-family homes in Redwood City, CA start at $1,950,000, averaging $3,597,875, and reaching up to $9,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 110K
    Population Growth (5Y) -4.8%
    Median Household Income $162,664
    College Educated 70.6%

    High-Yield Neighborhoods for Investment

    Identify Redwood City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    94063 $3M
    94061 $3.2M

    Taxes & Financing

    Tax Rate (average for all types) 1.04%
    Property Tax per SF $5.28 per SF
    Tax Rate vs County Average 0.10 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in San Mateo County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in San Mateo County

    Retail

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Redwood City fall within the 10,000 to 25,000 square foot range.

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