2561-67 El Camino Real, Redwood City, CA 94061
Two ground-floor retail spaces and multiple residential units with 13 on-site parking and access from two streets.
- Added:
- Jun 6, 2026
- Days on Market:
- 21
- Last Refresh:
- Jun 25 at 8:33 pm
Property Features for 2561-67 El Camino Real
General Information
- Standard status
- Active
- Size
- 6,385 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1954
Listing office Goodview Financial & Real Estate (408) 360-7642
Listing date Jun 6, 2026
Source Exitrealty
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 Goodview Financial & Real Estate
HighLights
- 1954‑built mixed‑use property with two ground‑floor retail/commercial spaces plus multiple residential units
- Two retail/commercial spaces: approximately 1,650 SF and 1,500 SF
- Residential layout includes one 2BD/1BA unit and one 1BD/1BA unit upstairs
- Downstairs includes two non‑conforming 1BD/1BA units
- 13 on‑site parking spaces
- Convenient access from two streets for both commercial and residential tenants
Overview
Convenient access from two streets supports practical tenant and customer circulation for both the commercial and residential components. The commercial spaces are described as having excellent visibility, which can support retail-oriented uses and other street-facing storefront concepts.
For buyers and operators, the combination of street-level retail space and multiple residential units can appeal to those seeking a diversified cash-flow profile within one asset. The presence of on-site parking and two street access points can help reduce friction for tenants and visitors, while the unit mix provides a range of household types across the upstairs and downstairs residences.
Local Financial Insights For Mixed Use
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 | $438.3k | $68.64 |
| − Vacancy | −$108.3k | −$16.95 |
| EGI | $330.0k | $51.69 |
| − OpEx | −$123.8k | −$19.38 |
| NOI | $206.3k | $32.30 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Redwood City
- County
- San Mateo
- State
- California
- Longitude
- -122.21691
- Latitude
- 37.47319