$6,300,000
 $33,820 est/mo Sourced by Back At You

2451 Middlefield Rd,Redwood City, CA 94063

Redwood City, CA 94063

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Description

2451 Middlefield Rd presents a rare 18-unit multifamily investment opportunity in Redwood City. Located within a federally designated Opportunity Zone, the property offers potential tax advantages for Qualified Opportunity Fund investors. With significant upside through unit renovations and operational improvements, investors may benefit from accelerated depreciation strategies and long-term appreciation in one of Silicon Valley's strongest rental markets. The property features a well-balanced unit mix of ten (10) one-bedroom/one-bath units and eight (8) studios, along with eighteen (18) on-site parking spaces-a rare and valuable amenity in this area. Many of the units have been upgraded with modern kitchens and bathrooms. Located directly across from Costco Wholesale and just minutes from downtown Redwood City, the property benefits from excellent access to shopping, dining, and entertainment. Nearby Highway 101, El Camino Real, and the Caltrain provide easy commuting to major employment hubs such as Palo Alto, Menlo Park, and San Francisco.

Details

MLS #41133594
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1964
Days On Site190
Listing Provided ByBQ Group | Zhenhua Tao

Features

Units18
Acreage0.25

Interior

CoolingNone
HeatingWall Furnace
Heating Yes / NoYes
Cooling Yes / NoYes

Exterior

RoofTar Gravel
Construction MaterialsStucco

Area Information

StateCA
CountySan Mateo
CityRedwood City
Zip Code94063
Community NameREDWOOD CITY
Listing VS Median (in REDWOOD CITY)
Price:
$6,300,000
low | high
Med:
$898,000
100% of Average
On site:
190
low | high
Med:
7
100% of Average
Sourced by Back At You

Market Activity 94063

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Learn More About This Property

StateCA
CountySan Mateo
CityRedwood City
Zip Code94063
Community NameREDWOOD CITY
Listing VS Median (in REDWOOD CITY)
Price:
$6,300,000
low | high
Med:
$898,000
100% of Average
On site:
190
low | high
Med:
7
100% of Average
Sourced by Back At You
Listing Updated: September 28, 2026 at 8:21:46 PM PDT