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Townhome-Style Multifamily Property
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Pending

3290-3296 Rolison Rd, Redwood City, CA 94063

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

Property Size7,600 SF
Lot Size0.23 Acres
Days on Market148

Property Features for 3290-3296 Rolison Rd

General Information

Standard status Pending
Size 7,600 SF
Lot size 0.23 Acres
Property subtype Multifamily

Additional Details

Cap Rate 4.66%
Highway Access Yes
Multifamily Units 8
Listing Agency: Colliers - San Francisco Peninsula, California
Listed By: Don Sung · License #CA 01935797
Source: Crexi
Added: Apr 11 Changed: Sep 3 Last Checked: Aug 29 at 8:16PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - San Francisco Peninsula, California

Investment Insights

Based on property information with market context.

The property is a multifamily building featuring eight townhouse-style apartment home units. Each unit offers three bedrooms and one bathroom on two levels, with a private front yard and enclosed garage parking for tenant use. The current operating profile is described as consistent rental income with low vacancy and low tenant turnover, and all eight units are presented as having an attractive unit mix with the same 3BR/1BA configuration.

The offering is located at 3290–3296 Rolison Rd in Redwood City, CA, with easy access described to Highway 101, Marsh Rd, Woodside Rd, and El Camino Real. The public remarks also note that three of the eight units receive partial housing assistance.

The building is reported at 7,600 SF on a 10,000 SF lot. The public remarks cite a current cap rate of 4.66% and a pro-forma cap rate of 5.2%, along with a current GRM of 14.1 and a pro-forma GRM of 13.1. An “assumable loan” is referenced in the remarks as available through Provident CU.

Key Highlights

  • Eight townhouse‑style units, all 3 BR/1 BA, configured across two levels
  • Each unit includes a private front yard and enclosed garage parking
  • Current cap rate 4.66% and pro‑forma cap rate 5.2%

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Real Estate Agency Pharmacy Spa & Massage Center (Bike/Boat/Book/etc) Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,381
Businesses Nearby

Demographics for 94063, CA

35,836
Population
12,162
Households
2.9
Avg Household Size
34
Median Age
35%
College-Educated
74%
High-School Grad
6.5 sq mi
ZIP Area
5,513
Density / Sq Mi
$115,528
Median Household Income
$50,960
Median Earnings
$2,802
Median Rent
$1,077,100
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Eight three-bedroom, one-bath units are configured across two levels with private front yards and enclosed garage parking.
Where is this apartment building located?
The property is located at 3290-3296 Rolison Rd Redwood City, CA.
What are key features of this property?
This property features: Eight townhouse‑style units, all 3 BR/1 BA, configured across two levels; Each unit includes a private front yard and enclosed garage parking; Current cap rate 4.66% and pro‑forma cap rate 5.2%
(650) 486-2228 Call to check price and availability
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