Redwood City Multifamily Investment
For Sale
Contact for pricing
Pending
1035 Adams St, Redwood City, CA 94061
Eight-unit property in Redwood City with value-add potential.
Property SizeContact for details
Days on Market1103
Property Features for 1035 Adams St
General Information
Standard status
Pending
Class
C
Property subtype
Multifamily
Occupancy
100%
Building Details
Year Built
1945
Units
8
Listing Agency:
Century 21 Real Estate Alliance San Carlos
Listed By:
Rami Bahu · License #CA
Source:
Crexi
Added: Aug 28, 2023
Changed: Aug 22
Last Checked: Sep 2 at 1:58AM
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 Century 21 Real Estate Alliance San Carlos
Investment Insights
Based on property information with market context.
Located in Redwood City, the property at 1035 Adams St features a total of eight units. The layout includes a two-bedroom, two-bathroom single-family home at the front of the property, with an additional seven individual units located in the back. The unit mix in the back consists of four one-bedroom, one-bathroom units and three studio apartments. This property represents a value-add opportunity for investors. The owner is responsible for covering the costs of water and garbage services, while the tenants are responsible for PG&E and other utilities. Redwood City is located in the heart of Silicon Valley and offers a strong job market, particularly in the tech industry, and a low unemployment rate. The city provides access to various attractions, including the San Mateo County History Museum and the Fox Theatre, as well as schools, parks, and recreational facilities.
Key Highlights
- Eight total units: Includes a 2‑bedroom single‑family home and seven additional units (4 one‑bedroom, 3 studios).
- Value‑add opportunity for investors.
- Located in Redwood City, in the heart of Silicon Valley.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,853
Businesses Nearby
Explore this area
Business Placement
Demographics for 94061, CA
36,704
Population
14,122
Households
2.6
Avg Household Size
38
Median Age
51%
College-Educated
87%
High-School Grad
3.9 sq mi
ZIP Area
9,411
Density / Sq Mi
$141,599
Median Household Income
$66,388
Median Earnings
$2,818
Median Rent
$1,938,300
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Eight-unit property in Redwood City with value-add potential.
Where is this apartment building located?
The property is located at 1035 Adams St Redwood City, CA.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Eight total units: Includes a 2‑bedroom single‑family home and seven additional units (4 one‑bedroom, 3 studios).; Value‑add opportunity for investors.; Located in Redwood City, in the heart of Silicon Valley.
