10-Unit Apartment Property with
For Sale
Contact for pricing
138 Berkshire Avenue, Redwood City, CA 94063
Two five-unit buildings on separate parcels offer a varied one- and two-bedroom unit mix.
Property SizeContact for details
Days on Market10
Property Features for 138 Berkshire Avenue
General Information
Standard status
Active
Property subtype
Multifamily
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
4 x 2BD/1BA, 6 x 1BD/1BA
Multifamily Units
10
Additional Details
Cap Rate
6.4%
Building Details
Buildings
2
Listing Agency:
Magnify Equity
Listed By:
Eric Katz · License #01900078
Source:
Crexi
Added: Sep 18
Changed: Sep 24
Last Checked: Sep 26 at 4:40AM
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 Magnify Equity
Investment Insights
Based on property information with market context.
This Redwood City apartment property comprises two five-unit buildings on separate APNs, with four two-bedroom/one-bathroom apartments and six one-bedroom/one-bathroom apartments. Improvements include roofs installed in 2023, electrical subpanel upgrades in 2025, dual-pane windows, newer central water heaters, and exterior painting in 2026. The property also has Square D main electrical disconnects and a passing SB-721 inspection. Two large garages provide off-street parking; ADU conversion is identified as a possibility, subject to applicable requirements. Additional new-construction ADUs may be possible on the 138 Berkshire parcel, subject to zoning and permitting.
The property is less than one mile from the Atherton border, with access to Highway 101, Downtown Redwood City, Caltrain, and major employers. It is unincorporated and outside the City of Redwood City's current rent control ordinance; buyers should verify this information.
The property is less than one mile from the Atherton border, with access to Highway 101, Downtown Redwood City, Caltrain, and major employers. It is unincorporated and outside the City of Redwood City's current rent control ordinance; buyers should verify this information.
Key Highlights
- 10 apartments across two buildings on separate APNs
- Unit mix: 4 two‑bedroom/one‑bathroom and 6 one‑bedroom/one‑bathroom units
- Roofs installed in 2023; electrical subpanels upgraded in 2025; exterior painted in 2026
Property Analytics
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Current Use
Lease Details
10
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,461
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Two five-unit buildings on separate parcels offer a varied one- and two-bedroom unit mix.
Where is this apartment building located?
The property is located at 138 Berkshire Avenue Redwood City, CA.
What is the asking price?
The asking price for this property is $3,725,000.
What are key features of this property?
This property features: 10 apartments across two buildings on separate APNs; Unit mix: 4 two‑bedroom/one‑bathroom and 6 one‑bedroom/one‑bathroom units; Roofs installed in 2023; electrical subpanels upgraded in 2025; exterior painted in 2026
