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    Canyon Rd Redwood City, CA 94062

    For Sale
    $9,980,000

    24-unit apartment community in Redwood City, California.

    Property size:
    20,832 SF
    Lot size:
    0.38 Acres

    Property Features for Canyon Rd

    General Information

    Standard status
    Active
    Size
    20,832 SF
    Lot size
    0.38 Acres

    Building Details

    Year built
    1963

    Source: MARCUS & MILLICHAP Agent ROBERT JOHNSTON

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Redwood City Apartment Community

    The property at Canyon Road in Redwood City, California, is a 24-unit apartment community. Constructed in 1963, this podium-style building features a modern design and durable construction. The building has a gross area of approximately 20,832 square feet and is situated on a 16,422 square foot parcel of land. The property offers two-bedroom, one-bedroom, and studio floor plans, with select units featuring private balconies. Tenant amenities include storage lockers, private garage parking, and a shared on-site laundry facility. Recent capital improvements include fresh paint, SB721 compliance, and facade upgrades. The property is located one block from Emerald Hills and is near Downtown Redwood City, which offers shopping, dining, and entertainment options. The Redwood City Caltrain Station, U.S. Hwy-101, I-280, the San Mateo-Hayward Bridge, and the Dumbarton Bridge are also nearby.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Redwood City
    County
    San Mateo
    State
    California
    Longitude
    -122.261278
    Latitude
    37.473397

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      Redwood City 24-Unit Apartment Building

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    FAQs

    What type of property is this?
    Apartment building - 24-unit apartment community in Redwood City, California.
    Where is this apartment building located?
    The property is located at Canyon Rd Redwood City, CA.
    What is the asking price?
    The asking price for this property is $9,980,000.
    What are key features of this property?
    This property features: - Prime location in thriving Redwood City, near Downtown Redwood City's shopping, dining, and entertainment.; - Convenient access to Redwood City Caltrain Station, U.S. Hwy-101, I-280, San Mateo-Hayward Bridge and Dumbarton Bridge.; - 24-unit apartment community with a mix of two-bedroom, one-bedroom, and studio floor plans.
    Request Owner's contact information
    Canyon Rd Redwood City, CA 94062
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    Canyon Rd
    Redwood City, CA 94062
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Canyon Rd Redwood City, CA 94062
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