78-Unit Multifamily Apartment
For Sale
Contact for pricing
3051 Edison Way, Redwood City, CA 94063
Multifamily property with 78 units across studio and 1- and 2-bedroom layouts, subject to SB 35 affordability requirements.
Property SizeContact for details
Lot Size0.54 Acres
Days on Market233
Property Features for 3051 Edison Way
General Information
Standard status
Active
Total Parking Spaces
28
Lot size
0.54 Acres
Property subtype
Multifamily
Zoning
Commercial Mixed Use-3 District
Additional Details
Multifamily Units
78
Building Details
Stories
6
Units
78
Listing Agency:
Premier Properties
Listed By:
Brad Ehikian · License #CA 01736391
(650) 618-3001
Source:
Crexi
Added: Mar 3
Changed: Oct 11
Last Checked: Oct 20 at 7:20PM
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 Premier Properties
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Investment Insights
Based on property information with market context.
This for-sale multifamily apartment building offers 78 total units, including 26 studio units, 51 one-bedroom units, and 1 two-bedroom unit. The property is listed with an appraised value of $9,200,000.
The parcel is approximately 0.54 acres (per public record) and is located at 3051 Edison Way in Redwood City, California. The property falls under Commercial Mixed Use-3 zoning in unincorporated San Mateo County.
Affordability is noted as being subject to SB 35 requirements, and buyers should review the specific affordability terms in the context of that program.
The parcel is approximately 0.54 acres (per public record) and is located at 3051 Edison Way in Redwood City, California. The property falls under Commercial Mixed Use-3 zoning in unincorporated San Mateo County.
Affordability is noted as being subject to SB 35 requirements, and buyers should review the specific affordability terms in the context of that program.
Key Highlights
- 78‑unit multifamily property: 26 studio units, 51 1‑bedroom units, and 1 2‑bedroom unit
- Parcel size is ±23,316 SF (0.54 acre) per public record
- Zoned Commercial Mixed Use‑3 District in unincorporated San Mateo County
Property Analytics
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Lease Details
78
Residential units
Location Intelligence
Trade Area within ½ mile
1,570
Businesses Nearby
Explore this area
Business Placement
Demographics for 94063, CA
35,836
Population
12,162
Households
2.9
Avg Household Size
34
Median Age
35%
College-Educated
74%
High-School Grad
6.5 sq mi
ZIP Area
5,513
Density / Sq Mi
$115,528
Median Household Income
$50,960
Median Earnings
$2,802
Median Rent
$1,077,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property with 78 units across studio and 1- and 2-bedroom layouts, subject to SB 35 affordability requirements.
Where is this apartment building located?
The property is located at 3051 Edison Way Redwood City, CA.
What is the asking price?
The asking price for this property is $9,200,000.
What are key features of this property?
This property features: 78‑unit multifamily property: 26 studio units, 51 1‑bedroom units, and 1 2‑bedroom unit; Parcel size is ±23,316 SF (0.54 acre) per public record; Zoned Commercial Mixed Use‑3 District in unincorporated San Mateo County
