486 Beech Street, REDWOOD CITY, CA 94063

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486 Beech Street, REDWOOD CITY, CA 94063

(Closed)

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Listed by: Nate Gustavson - Compass

Closed

est.$5,000,000/month.

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beds. baths. 13,582 Sqft.

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This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Mortgage Broker

Ray Avanzino
Polaris Capital Partners
Ray@polariscappartners.com
(650) 576-6531
NMLS# 288504
Company NMLS# 01391664

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or Call Now: (650) 576-6531

486 Beech Street, REDWOOD CITY, CA 94063

$5,000,000

Closed

est.$5,000,000/month.

Start My Approval

beds baths 13,582 Sq.ft.

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Property details for 486 Beech Street, REDWOOD CITY, CA 94063

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.

Broker details: Compass

Listed by: Nate Gustavson
Co-listing Broker: Compass
Co-listing Agent: Cameron Foster
Buyer Office: NEWCC
Buyer Agent: Joel Hopman
Co-Buyer Office: CC
Co-Buyer Agent: Steve Zirelli

Property Description

MLS Information

Listing: ML82026575
Listing Last Modified: 2026-02-03

Property Details

Standard Status: Closed
MLS Status: Sold
Built in: 1962

Geographic Data

County: San Mateo
Directions: Corner of Beech and Middlefield.

Features

Interior Features

Flooring: Laminate, Vinyl, Carpet
Living area: 13582

Exterior Features

Roof type: Flat
Lot description: Level
Pool: None
Foundation: Slab, Concrete Perimeter

Parking

Utilities

Sewer: Public Sewer
Water: Public
Heating: Electric, Wall Furnace

Property Information

Tax Information

Tax Annual Amount: $54,705

Rossetti Realty Inc.

486 Beech Street, REDWOOD CITY, CA 94063