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33908330
33908249

1255 Woodside Road, Redwood City, CA 94061

GK
CA 00424662
Grant J. Keeler-Broker
JS
CA 00613370
Golden Gate Sotheby's International Realty
Listed by Grant J. Keeler-Broker, Golden Gate Sotheby's International Realty
$4,495,000
5 days on market
Updated 5 days ago

1255 Woodside Road

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 9,158
Net Rentable (SqFt) 9,158
Units 10
Cap Rate 3.63%
NOI $163,159
Occupancy 100%
Tenancy Multi
Pro-Forma Cap Rate 3.65%
Pro-Forma NOI $164,125
Price per SqFt $491
Year Built 1961
Buildings 1
Stories 2
Lot Size (SqFt) 13,231
Zoning R30000
Parking Spaces 14 spaces
Parking Per SqFt 1.53
Investment Type Stabilized
Sale Condition N/A

Multifamily | 10 Units | $449,500/unit

Marketing description

Golden Gate Sotheby's International Realty and Grant J. Keeler, Broker is pleased to present 1255 Woodside Road, a prime multi-family investment opportunity located in the heart of Redwood City, California. This well-maintained 10-unit apartment building consists of (6) 2 bedroom 1 bath units and (4) 1 bedroom 1 bath units across 9,158 square feet of living area on a 13,231 square foot lot. There are 8 covered carports and outside parking for 6 more vehicles.

Built in 1961 and situated on a corner parcel, the property features two stories, mixed-use parking for 14 cars, and strong curb appeal. The property presents value-add potential with an attractive unit mix, reliable income, and long-term upside in a high-demand rental market.

This offering represents an excellent opportunity for investors seeking stable cash flow, appreciation potential, and strategic positioning in San Mateo County's thriving rental corridor.

Exceptional investment opportunity in one of Redwood City's most desirable Westside neighborhoods. This well-maintained 10-unit multifamily property features a balanced unit mix and premium location ideal for steady rental demand. The property features six 2-bedroom/1-bath units and four 1-bedroom/1-bath units, offering excellent rental income. Most units have updated kitchens and bathrooms. Newer dual-pane windows throughout the building enhance comfort and energy efficiency. On-site laundry room includes 2 washers and 2 dryers for tenant convenience. New water heater and recirculating pump. Units 1,3 and 6 refreshed with new paint, flooring and carpet! Unit 4 completely updated including new kitchen and bath! Ample parking with 8 covered carport spaces plus 6 additional uncovered spaces. Located near Woodside Plaza, providing easy access to shopping, dining, schools, and major commute routes including Highways 101 and 280. Centrally positioned on the Peninsula with access to Silicon Valley and San Francisco.

Investment highlights

  • Prime Location - Situated on bustling Woodside Road in Redwood City, this corner-lot property offers excellent visibility and accessibility in one of the Peninsula's most dynamic rental markets.
  • Stable 10-Unit Asset - Built in 1961, the two-story building features 10 apartment units totaling 9,158 square feet, with a strong unit mix of six (6) 2-bedroom/1-bath units and four (4) 1-bedroom/1-bath units.
  • Ample Parking & Land - The 13,231 square foot lot includes 8 carports and 6 uncovered spaces for up to 14 vehicles—an added convenience for tenants.
  • Investment Potential - This multifamily property presents a compelling value-add opportunity in a high-demand rental corridor.

Listing Contacts

GK
CA 00424662
Grant J. Keeler-Broker
JS
CA 00613370
Golden Gate Sotheby's International Realty
Listed by Grant J. Keeler-Broker, Golden Gate Sotheby's International Realty

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$163,159.00
$13,596.58/mo

Valuation Metrics

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DSCR
3.63%
Cap Rate
3.63%
ROI

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Zoning

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R-3/S-1 ResidentialMulti FamilyMultiple Family Residential And Residential Density District Number 1
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Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Grant j. Keeler
License
00424662
Brokerage
Grant J. Keeler,Broker
Brokerage Phone
650.740.3617
Title
Broker of Record
Brokerage Address
2650 Debbie Place, San Carlos, 94070
Name
Grant Keeler
License
00424662
Brokerage
Grant J. Keeler-Broker
Brokerage Phone
650-740-3617
Title
Broker
Brokerage Address
2650 Debbie Place
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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