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    Mixed-Use Retail and Residential Property Title is generated by Realmo AI

    2561-67 El Camino Real, Redwood City, CA 94061

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    For Sale
    $4,000,000

    Two ground-floor retail spaces and multiple residential units with 13 on-site parking and access from two streets.

    Type:Multi Family
    Property size:
    6,385 SF
    Price / SF:
    $626/SF
    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

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    Ying Wei

    Listing office Goodview Financial & Real Estate

    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

    This mixed-use property features two ground-floor retail/commercial spaces totaling approximately 3,150 square feet, designed to support flexible business use. Above, the residential component includes one upstairs 2-bedroom/1-bath unit and one upstairs 1-bedroom/1-bath unit. The property also has two downstairs non-conforming 1-bedroom/1-bath units, creating a compact, income-diversified layout within a single building. The offering includes 13 on-site parking spaces.

    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
    6,385 SF · lease $68.64/SF/yr · vacancy 24.70% · expense 37.50%

    Alternative Uses

    Best Use
    Mixed Use
    $2.95M
    $2.58M – $3.44M (±1% cap)
    NOI $206,259 @ 7.0% cap · market cap 5.16%
    Second Best
    Multifamily LT 5
    $2.65M
    $2.32M – $3.09M (±1% cap)
    NOI $185,547 @ 7.0% cap · market cap 4.64%
    Theoretical Best
    Warehouse
    $5.07M
    $4.44M – $5.92M (±1% cap)
    NOI $355,018 @ 7.0% cap · market cap 8.88%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Redwood City
    County
    San Mateo
    State
    California
    Longitude
    -122.21691
    Latitude
    37.47319

    FAQs

    What type of property is this?
    Mixed-use property - Two ground-floor retail spaces and multiple residential units with 13 on-site parking and access from two streets.
    Where is this mixed-use property located?
    The property is located at 2561-67 El Camino Real Redwood City, CA.
    What is the asking price?
    The asking price for this property is $4,000,000.
    What are key features of this property?
    This property features: 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
    More about this property
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