

736 Cedar Street
Rare Redwood City 8-Unit Multifamily Opportunity
Marketing description
736 Cedar Street offers a r are opportunity to acquire a well-located multifamily asset in the heart of the Peninsula. The well-maintained apartment building consists of eight (8) units, including four (4) two-bedroom, one-bathroom units and four (4) one-bedroom, one-bathroom units, providing an attractive unit mix for a broad tenant base.
The property also features a newly completed 2025 Thermoplastic Polyolefin (TPO) roof, upgraded Square D main electrical service infrastructure, and 125-amp subpanels serving the units, helping minimize near-term capital expenditures and enhance long-term operational reliability.
The property includes ten (10) on-site parking spaces, a dedicated laundry room with washer and dryer hookups, and three (3) large storage sheds currently utilized by tenants for additional storage space and convenience.
Situated on an expansive double-wide approximately 10,000-square-foot lot, the property offers investors a unique opportunity to potentially add ADUs, creating additional long-term income potential and further enhancing overall property value in one of the Peninsula’s most supply-constrained rental markets.
Investment highlights
Prime Redwood City Peninsula Location
Attractive Unit Mix (4 two-bedroom units / 4 one-bedroom units)
Significant Rental Upside Potential
Expansive Approximately 10,000 SF Double-Wide Lot
Potential ADU Development Opportunity (buyer to verify)
Recent Capital Improvements (2025 TPO Roof)
Upgraded Electrical Infrastructure
Ample On-Site Parking (10 spaces)
Dedicated Laundry Room
Three Large Tenant Storage Sheds
Strong Silicon Valley Employment Fundamentals (Box, Meta, Oracle)
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