Marcus & Millichap is please to present 645 Elm St, a stunning 8-unit community located in the thriving city of Redwood City, California. Situated on a quiet cul-de-sac, the asset offers residents beautifully designed two-bedroom and one-bedroom floor plans. The property also features convenient amenities such as private parking for all units, and an on-site laundry facility. Price at nearly a 5.75% CAP on current metrics, this asset qualifies for excellent bank financing, and is one of the highest yields available in San Mateo County. Located steps from lively Downtown Redwood City, residents are within a 15 minute walk to Sequoia Station, Whole Foods Market, Box Headquarters, and much more. The property is also within a 10 minute drive to Meta's Headquarters in Menlo Park. The Redwood City Caltrain Station is less than a mile away, which provides an inexpensive, hassle free commute to major employers in San Francisco, the Peninsula, and South Bay. With a world-class location in the heart of the Peninsula, 645 Elm Street presents an attractive choice for renters due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.
MLS #
ML82000593
MLS Source
MLSListings, Inc.
Kitchen
Countertop - Granite
Appliances
Oven Range
Flooring
Hardwood, Laminate, Vinyl/Linoleum
Laundry
Coin Operated
Cooling
None
Heating
Wall Furnace
Roof
Rolled/Hot Mop
Foundation
Slab
Garage/Parking
Carport, Garage: 0 Car(s)
Elementary District
Redwood City Elementary
High School District
Sequoia Union High
Water
Public
Zoning
R-4
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | 7 | 8 |
Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
---|---|---|---|---|---|---|
1 | 550 | 1 | 1/0 | $2,150 | $2,500 | 5 |
2 | 700 | 2 | 1/0 | $2,850 | $2,980 | 3 |
645 Elm St is a Residential Income in Redwood City, CA 94063. This 4,472 square foot property sits on a 7,579 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,288,000 and was built in 1955.
This address can also be written as 645 Elm St, Redwood City, CA 94063.©2025 MLSListings Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.
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This listing information is up-to-date as of July 14, 2025. For the most current information, please contact Eymon Binesh, (650) 546-1030