41-Unit Apartment
For Sale
$4,500,000
1548 Hudson Street, Redwood City, CA 94061
Multifamily communities span San Mateo and Contra Costa Counties, with whole-portfolio, sub-portfolio, and individual-asset acquisition options.
Property Size16,059 SF
Price / SF$280.22
Days on Market53
Property Features for 1548 Hudson Street
General Information
Standard status
Active
Size
16,059 SF
Property subtype
Multi-Family
Building Details
Year Built
1964
Listing Agency:
Achievers Real Estate & Loans
Listed By:
Readdress
(415) 275-0229
Source:
Readdress
Added: Aug 26
Changed: Oct 16
Last Checked: Oct 16 at 8:11AM
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 Achievers Real Estate & Loans
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Investment Insights
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This multifamily offering comprises apartment communities totaling 41 units across Millbrae, Redwood City, Martinez, and Concord. Individual properties range from 8 to 15 units, and the portfolio can be acquired as a complete offering, by county-based sub-portfolio, or asset by asset. The properties are located in San Mateo and Contra Costa Counties, providing distinct Peninsula and East Bay groupings.
The Redwood City asset at 1548 Hudson Street contains the portfolio’s largest floorplans, averaging approximately 1,160 square feet per unit, and was built in 1964. The Millbrae property at 472-480 Lincoln Circle is approximately one mile from Millbrae Intermodal Station, where BART connects directly with Caltrain. In-place rents at the two Peninsula properties are reported at 10.54% and 10.34% below market, respectively. The San Mateo County sub-portfolio represents 25 units with a 4.94% go-to-market cap rate, while the Contra Costa County group represents 16 units at 5.26%.
The Redwood City asset at 1548 Hudson Street contains the portfolio’s largest floorplans, averaging approximately 1,160 square feet per unit, and was built in 1964. The Millbrae property at 472-480 Lincoln Circle is approximately one mile from Millbrae Intermodal Station, where BART connects directly with Caltrain. In-place rents at the two Peninsula properties are reported at 10.54% and 10.34% below market, respectively. The San Mateo County sub-portfolio represents 25 units with a 4.94% go-to-market cap rate, while the Contra Costa County group represents 16 units at 5.26%.
Key Highlights
- 41‑unit apartment portfolio across Millbrae, Redwood City, Martinez, and Concord
- Individual apartment assets range from 8 to 15 units
- Available as a whole, by sub‑portfolio, or asset by asset
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Location Intelligence
Trade Area within ½ mile
980
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Demographics for 94061, CA
36,704
Population
14,122
Households
2.6
Avg Household Size
38
Median Age
51%
College-Educated
87%
High-School Grad
3.9 sq mi
ZIP Area
9,411
Density / Sq Mi
$141,599
Median Household Income
$66,388
Median Earnings
$2,818
Median Rent
$1,938,300
Median Home Value
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Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily communities span San Mateo and Contra Costa Counties, with whole-portfolio, sub-portfolio, and individual-asset acquisition options.
Where is this apartment building located?
The property is located at 1548 Hudson Street Redwood City, CA.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 41‑unit apartment portfolio across Millbrae, Redwood City, Martinez, and Concord; Individual apartment assets range from 8 to 15 units; Available as a whole, by sub‑portfolio, or asset by asset
