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    Quadplex with Private Courtyards Title is generated by Realmo AI

    306 Beech Street, Redwood City, CA 94063

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    Claim this Listing
    For Sale
    $2,150,000

    Four well-maintained units offer independent two-car garages and private outdoor space for tenants.

    Type:Multi Family
    Property size:
    5,972 SF
    Price / SF:
    $360/SF
    Added:
    Jun 19, 2026
    Days on Market:
    9
    Last Refresh:
    Jun 24 at 3:31 am

    Property Features for 306 Beech Street

    General Information

    Standard status
    Active
    Size
    5,972 SF
    Property subtype
    Multi Family

    Building Details

    Year Built
    1979

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    Alex Lehr
    Alex Lehr

    Listing office Guide Real Estate

    Listing date Jun 19, 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 Guide Real Estate

    HighLights

    • Four‑unit building built in 1979, reported as well‑maintained and in the same family for many years
    • Unit mix: two large 2‑bedroom, 2‑bath units; one 2‑bedroom, 1‑bath unit; one 1‑bedroom, 1‑bath unit
    • Each unit includes an independent 2‑car garage plus off‑street parking in front of the garage
    • Private courtyard/outdoor space is included for tenants
    • Corner lot configuration

    Overview

    This four-unit quadplex is set up to give each tenant a high degree of independence, with an individual two-car garage and a private courtyard. The property has been in the same family for many years and is described as well-maintained. Unit mix includes two two-bedroom, two-bath apartments, a third unit with two bedrooms and one bath, and a fourth unit with one bedroom and one bath. Off-street parking is available in front of each two-car garage.

    The building is on a corner lot at 306 Beech Street in Redwood City, CA 94063. The public remarks describe the property as within walking distance of the continuing expansion of Redwood City’s downtown.

    For investors or owner-occupants, the layout may appeal to tenants who prioritize privacy and straightforward parking access. The presence of multiple courtyards, along with the varied unit bedroom and bath configurations, can support a broader range of renter needs within a single, four-unit asset.

    Local Financial Insights For Multifamily LT 5

    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 $265.2k $44.40
    − Vacancy −$17.2k −$2.89
    EGI $247.9k $41.51
    − OpEx −$74.4k −$12.45
    NOI $173.5k $29.06
    5,972 SF · lease $44.40/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $2.48M
    $2.17M – $2.89M (±1% cap)
    NOI $173,545 @ 7.0% cap · market cap 8.07%
    Second Best
    Apartment 5plus
    $2.32M
    $2.03M – $2.71M (±1% cap)
    NOI $162,540 @ 7.0% cap · market cap 7.56%
    Theoretical Best
    Warehouse
    $4.74M
    $4.15M – $5.53M (±1% cap)
    NOI $332,054 @ 7.0% cap · market cap 15.44%
    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 Accounting Firm

    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
    -122.223939
    Latitude
    37.481376

    FAQs

    What type of property is this?
    Quadplex - Four well-maintained units offer independent two-car garages and private outdoor space for tenants.
    Where is this quadplex located?
    The property is located at 306 Beech Street Redwood City, CA.
    What is the asking price?
    The asking price for this property is $2,150,000.
    What are key features of this property?
    This property features: Four‑unit building built in 1979, reported as well‑maintained and in the same family for many years; Unit mix: two large 2‑bedroom, 2‑bath units; one 2‑bedroom, 1‑bath unit; one 1‑bedroom, 1‑bath unit; Each unit includes an independent 2‑car garage plus off‑street parking in front of the garage
    More about this property
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