306 Beech ST, Redwood City, CA 94063
MULTI_FAMILY - REDWOOD CITY, CA
- Added:
- May 7, 2026
- Days on Market:
- 47
- Last Refresh:
- Jun 22 at 1:06 pm
Property Features for 306 Beech ST
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R40000
- Bedrooms
- 7
- Rooms
- Laundry Room, Bedroom 4, Bedroom 7, Bedroom 1, Bedroom 2, Bedroom 5, Bedroom 6, Bedroom 3
- Parking
- 8
- Parking features
- Off Street, Garage - Detached
- Security features
- Security
- Appliances
- Countertop - Tile, Exhaust Fan, Oven Range - Electric, Refrigerator
- Standard status
- Active
- Size
- 5,972 SF
- Lot size
- 0.19 Acres
Utilities
- Heating system
- Natural Gas, Forced Air
- Water source
- Public
Building Details
- Year built
- 1979
- Number of units
- 4
- Flooring type
- Laminate, Tile, Carpet
- Building materials
- Wood Frame
Listing agent Alex Lehr License #00867442 (650) 766-5300
Listing office Guide Real Estate 1641 Laurel St, San Carlos, CA (650) 766-5300
Listing date May 7, 2026
Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Four‑unit building with tenant‑provided, independent two‑car garages plus a private courtyard
- Unit mix: two large 2‑bedroom, 2‑bath units, one 2‑bedroom, 1‑bath unit, and one 1‑bedroom, 1‑bath unit
- Corner lot with off‑street parking in front of each two‑car garage
- Built in 1979 with wood‑frame construction
- Forced‑air heating with natural gas; public water source
- Interior finishes include tile, carpet, and laminate flooring; appliances listed include electric oven range and refrigerator
Overview
The building sits on a corner lot and is described as being within walking distance to the continuing expansion of Redwood City’s downtown area. Unit mix includes two larger two-bedroom, two-bath apartments, a third unit with two bedrooms and one bath, and a fourth unit with one bedroom and one bath.
For investors or owner-occupants, the combination of a courtyard setting, enclosed garage parking, and varied apartment configurations can support flexible tenant needs. The established maintenance and straightforward unit mix are particularly relevant for buyers seeking a manageable multi-family asset with independent parking for each unit.
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Redwood City
- County
- San Mateo
- State
- California
- Longitude
- -122.223927
- Latitude
- 37.481387
