Multi-Family Residential Income
1728 Broadway Redwood City, CA 94063
For Sale
$1,950,000
For sale multi-family residential income building located at 1728 Broadway in Redwood City, California.
Property Size4,452 SF
Price / SF$438.01
Days on Market164
Property Features for 1728 Broadway
General Information
- Standard status
- Active
- Size
- 4,452 SF
- Property subtype
- 5+ Units / Five or More Units
Building Details
- Year Built
- 1961
Listing Agency:
Sequoia Realty Services
(650) 556-8668
Listed By:
Anthony Kamm · License #01783456
(650) 556-8668
Source:
Compass
Added: Feb 9
Changed: Jul 23
Last Checked: Jul 23 at 9:51AM
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 Sequoia Realty Services
Investment Insights
Based on property information with market context.
This multi-family residential income building is offered for sale and includes apartment building property types listed as part of the residential income category. The property is identified as 1728 Broadway.
The offering is for a multifamily asset in Redwood City, California. The address is 1728 Broadway, CA 94063.
Additional building details such as unit mix, condition, or on-site amenities were not provided with the information available.
The offering is for a multifamily asset in Redwood City, California. The address is 1728 Broadway, CA 94063.
Additional building details such as unit mix, condition, or on-site amenities were not provided with the information available.
Key Highlights
- Multi‑family income building for sale at 1728 Broadway in Redwood City, CA
- Built in 1961
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $232.4k | $52.20 |
| − Vacancy | −$12.1k | −$2.71 |
| EGI | $220.3k | $49.49 |
| − OpEx | −$99.1k | −$22.27 |
| NOI | $121.2k | $27.22 |
4,452 SF · lease $52.20/SF/yr · vacancy 5.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.73M
$1.51M – $2.02M
NOI $121,170 @ 7.0% cap · market cap 6.21%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$3.54M
$3.09M – $4.13M
NOI $247,539 @ 7.0% cap · market cap 12.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - For sale multi-family residential income building located at 1728 Broadway in Redwood City, California.
Where is this apartment building located?
The property is located at 1728 Broadway Redwood City, CA.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Multi‑family income building for sale at 1728 Broadway in Redwood City, CA; Built in 1961
