Mixed-Use Property with
256167 El Camino Real Redwood City, CA 94061
For Sale
$4,000,000
Two ground-floor retail/commercial spaces plus four residential units with 13 on-site parking spaces and access from two streets.
Property Size6,385 SF
Price / SF$626.47
Days on Market108
Property Features for 256167 El Camino Real
General Information
Standard status
Active
Size
6,385 SF
Property subtype
Multi-family
Building Details
Year Built
1954
Listing Agency:
Goodview Financial & Real Estate
Listed By:
Ying Wei
(714) 497-3550
Source:
Sevengables
Added: Apr 13
Changed: Jul 29
Last Checked: Jul 29 at 10:45AM
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
Investment Insights
Based on property information with market context.
This mixed-use property includes two ground-floor retail/commercial spaces and four residential units. The commercial portion consists of approximately 1,650 sq. ft. and 1,500 sq. ft., providing flexible space for a variety of business uses. The residential component includes one upstairs 2-bedroom/1-bath unit, one upstairs 1-bedroom/1-bath unit, and two downstairs non-conforming 1-bedroom/1-bath units.
The property offers 13 on-site parking spaces and convenient access from two streets, supporting day-to-day operations for both commercial and residential tenants.
With retail and residential components under one roof, the layout provides diversified income streams within a single mixed-use asset.
The property offers 13 on-site parking spaces and convenient access from two streets, supporting day-to-day operations for both commercial and residential tenants.
With retail and residential components under one roof, the layout provides diversified income streams within a single mixed-use asset.
Key Highlights
- 1954‑built mixed‑use property with two ground‑floor retail/commercial spaces and four residential units
- Commercial spaces total about 3,150 sq.ft.: approx. 1,650 sq.ft. and 1,500 sq.ft.
- Residential layout includes one upstairs 2BD/1BA unit and one upstairs 1BD/1BA unit
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
NOI $206,259 @ 7.0% cap · market cap 5.16%
Second Best
Multifamily LT 5
$2.65M
$2.32M – $3.09M
NOI $185,547 @ 7.0% cap · market cap 4.64%
Theoretical Best
Warehouse
$5.07M
$4.44M – $5.92M
NOI $355,018 @ 7.0% cap · market cap 8.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two ground-floor retail/commercial spaces plus four residential units with 13 on-site parking spaces and access from two streets.
Where is this mixed-use property located?
The property is located at 256167 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 and four residential units; Commercial spaces total about 3,150 sq.ft.: approx. 1,650 sq.ft. and 1,500 sq.ft.; Residential layout includes one upstairs 2BD/1BA unit and one upstairs 1BD/1BA unit
