116 Pine Street, Redwood City, CA 94063

Building Details

Year Built

1953

Listing agent Steve Zirelli Show Phone

Listing office Cornish & Carey Commercial

Listing date Jan 5, 2026

Source Sevengables

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Overview

116 Pine Street is a downtown Redwood City apartment building offering 10 fully renovated units. The updates include renovated kitchens and baths, along with refreshed floors and doors, and electrical improvements. The unit mix consists of three 2-bedroom, 1-bath apartments and seven 1-bedroom, 1-bath apartments, providing a balanced residential configuration for prospective tenants.

The property is set one block from the Elko Yards development project, described as an 8-acre, $600,000,000 initiative. Public remarks also cite a WalkScore of 94, with close proximity to dining, shopping, and entertainment options in Downtown Redwood City. The asset is positioned between San Francisco and San Jose, aligning it with the broader demand drivers of the mid-Peninsula.

For investors and buyers, this is a straightforward opportunity to acquire a renovated multifamily asset with an in-place mix of one- and two-bedroom units. With unit interiors refreshed across kitchens, baths, finishes, and electrical, the building is designed to support day-to-day leasing needs while maintaining a consistent residential standard across the full portfolio. The downtown adjacency to established amenities and the nearby Elko Yards project can help support long-term tenant relevance in the area.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Redwood City

County

San Mateo

State

California

Longitude

-122.22271

Latitude

37.478752

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FAQs

What type of property is this?

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

Where is this apartment building located?

The property is located at 116 Pine Street Redwood City, CA.

What is the asking price?

The asking price for this property is $3,395,000.

What are key features of this property?

This property features: 10‑unit multifamily building built in 1953 in downtown Redwood City; All 10 units fully renovated, including kitchens, baths, floors, doors, and electrical; Unit mix: three 2 bed, 1 bath units and seven 1 bed, 1 bath units