Property Details
About this Property
True turnkey apartment building in excellent Redwood City location. Attractive Unit Mix: (2) Two-Bedroom / One Bath Units & (5) One-Bedroom / One-Bath Units. Four of the seven units are renovated. Several recent capital improvements including New roof, upgraded electrical meeting current insurance requirements, new catwalk, new exterior paint, new drainage & new water heater. Day One 4.53% Cap Rate (true Cap Rate w/ fair underwriting). Zero deferred maintenance. Outstanding west Redwood City location walking distance to Whole Foods. All tenants have extra storage space and sufficient parking. Close proximity to all the high-end shopping, dining and entertainment amenities of robust & booming downtown Redwood City. Easy access to Woodside Road and Highways 101 & 280. One of the strongest rental submarkets on the Peninsula led by a high-class tenant profile paying premium rents.
MLS Listing Information
MLS #
ML82016541
MLS Source
MLSListings, Inc.
Days on Site
22
Interior Features
Cooling
None
Heating
Gas, Wall Furnace
Exterior Features
Roof
Composition, Shingle
Foundation
Concrete Perimeter
Parking, School, and Other Information
Garage/Parking
Carport, Garage: 0 Car(s)
Elementary District
Redwood City Elementary
High School District
Sequoia Union High
Sewer
Public Sewer
Water
Public
Zoning
R3
Contact Information
Listing Agent
Matthew Thomson
Compass
License #: 01471708
Phone: (650) 515-6555
Co-Listing Agent
Bryan Danforth
License #: 01789680
Phone: (650) 274-5227
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 7 | 7 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | – | 2 | 1/0 | $2,750 | $2,895 | 2 |
| 2 | – | 1 | 1/0 | $2,295 | $2,325 | 5 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
146 Madison Ave is a Residential Income in Redwood City, CA 94061. This 5,944 square foot property sits on a 7,000 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,100,000 and was built in 1958. This address can also be written as 146 Madison Ave, Redwood City, CA 94061.
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This listing information is up-to-date as of August 13, 2025. For the most current information, please contact Matthew Thomson, (650) 515-6555
