Listed By: Colliers Parrish International, Inc. - 408-282-3800
Listed By: Don Sung
Property Description
Rarely Available, Pride-of-Ownership Westside RWC Multifamily Asset. Tree-Lined Street in Desirable, Quiet Palm Park Submarket, West of El Camino Real. Easy Access, Central Mid-Peninsula Location. Strong In-Place Cap Rate w/ Excellent Rental Upside. Nice Unit Mix: Four (4) Spacious 1 BR/1 BA (+/- 605 SF) / One (1) Large 2 BR/1 BA (+/- 828 SF) / Two (2) Oversized 2 BR/1.25 BA (+/- 887 SF). Units Feature Hardwood Floors/LVT, Copper Plumbing, Updated Electrical. Lower-Level Units Feature Private Patios, Upper-Level Units Feature High-Ceiling, Skylights, and Private Balconies. Reliable, Steady Cashflow with Proven, Strong Rental History, Low Vacancy, and Low-Maintenance Mgmt. Well-Managed Asset with Strong In-Place Rents, Good Historical Tenancy. Easy Rental & Low Vacancy. Newer 1976 Construction vs. Majority of Peninsula Apartment Inventory (50's and 60's Construction). Multitude of Capital Improvements: Dual-Pane Windows, Roof, Water Heaters, Exterior Painting, etc. Close to Redwood City Cal-Train Station, Downtown Redwood City, Downtown Menlo Park and Palo Alto/Stanford. Short Commute to Major Silicon Valley Employers: Meta, Google, Kaiser, Tesla, Stanford University, to Name a Few. Easy Access From SR-84/Woodside Rd, El Camino Real, Highways 101, 280, and Other Major Freeways.
Property Features
Parking
Carport
Assigned
Covered
Cooling Information
None
Heating Information
Electric
Water Features
Public
House Interior
High Ceilings
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Last Updated: 2026-07-26 16:40:10
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