CA
San Mateo
REDWOOD CITY
94063
486 Beech Street
486 Beech Street, REDWOOD CITY, CA 94063
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Listing Type
Multi Family
Listing Status
active
10
$5,000,000

Home Details for 486 Beech Street

Price
$5,000,000
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
13582
Year built
1962
Lot size acres
0.2023
County
San Mateo
Garage
Days on site
1
MLS Listing#
ML82026575
Listed By: Compass - 415-874-5000
Listed By: Nate Gustavson
Property Description

Exceptional 16-unit multifamily property located just three blocks from Downtown Redwood City, one of the Peninsulas most dynamic and rapidly growing rental markets. Built in 1962 and totaling approximately 13,582 square feet on an 8,800 square foot lot, the property features sixteen (16) spacious one-bedroom/one-bathroom units averaging about 520 square feet each. --- Every unit is individually metered for electricity and has been upgraded with BRAND NEW Square-D Electrical Sub-panels and NEW Dual-pane Windows, providing efficient operation and reduced maintenance costs. --- The property has a hot tar torch-down roof installed in 2007, landlord-owned coin-op laundry machines, and tenant paid storage and parking for additional income. --- The location is highly desirable, just a short walk to the restaurants, shops, and entertainment of Downtown Redwood City, as well as Caltrain for convenient access to both San Francisco and San Jose. -- Combining strong in-place cash flow with a CURRENT CAP RATE of 5.45% and GRM of 11.48, 486 Beech Street gives the investor immediate value-add potential, in one of the Bay Area's a prime central locations.

Property Features
  • Parking
    • Carport
    • Assigned
    • Covered
  • Heating Information
    • Electric
    • Wall Furnace
  • Cooling Information
    • None
  • Water Features
    • Public
School Information
School Information for 486 Beech Street, REDWOOD CITY, CA 94063
Elementary School
Hoover Elementary
Middle School
John F. Kennedy Middle
High School
Sequoia High
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Based on information from the MLSListings MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright 2025 MLSListings Inc. All rights reserved.

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Last Updated: 2025-11-08 02:46:17
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EXIT REALTY CONSULTANTS
16175 Monterey #A, Morgan Hill, CA 95037
CA DRE# 01424183. Kris Klair Broker.
Margaret Vierra
Associate Broker
Office
209 668 2525
Agent
408 202 3243
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