Property Details
Upcoming Open Houses
About this Property
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. --- Recent building upgrades include a hot tar torch-down roof installed in 2007 (20+ yrs estimated remaining usable life), and owned coin-op laundry machines, 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.
MLS Listing Information
MLS #
ML82026575
MLS Source
MLSListings, Inc.
Days on Site
0
Interior Features
Kitchen
Countertop - Formica
Appliances
Oven Range - Electric
Flooring
Carpet, Laminate, Vinyl/Linoleum
Laundry
Coin Operated
Cooling
None
Heating
Electric, Wall Furnace
Exterior Features
Roof
Flat, Bitumen
Foundation
Concrete Perimeter and Slab
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, Carport, Covered Parking, Garage: 0 Car(s)
Elementary District
Redwood City Elementary
High School District
Sequoia Union High
Sewer
Public Sewer
Water
Public
Zoning
R-3
Contact Information
Listing Agent
Nate Gustavson
Compass
License #: 01898316
Phone: (415) 786-9410
Co-Listing Agent
Cameron Foster
License #: 00972394
Phone: (415) 699-6168
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 16 | 16 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 520 | 1 | 1/0 | $2,135 | $2,425 | 16 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
486 Beech St is a Residential Income in Redwood City, CA 94063. This 13,582 square foot property sits on a 8,811 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $5,000,000 and was built in 1962. This address can also be written as 486 Beech St, Redwood City, CA 94063.
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This listing information is up-to-date as of November 03, 2025. For the most current information, please contact Nate Gustavson, (415) 786-9410
