146 Madison Ave, Redwood City, CA 94061

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Pending

$3,100,000

bedrooms

bathrooms

square feet

5,944

Acreage

Open Houses

year built

1958

Full Baths

Half Baths

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True turnkey apartment building in excellent Redwood City location. Attractive Unit Mix: (2) Two-Bedroom / One Bath Units & (5) One-Bedroom / One-Bath Units. Four of the seven units are renovated. Several recent capital improvements including New roof, upgraded electrical meeting current insurance requirements, new catwalk, new exterior paint, new drainage & new water heater. Day One 4.53% Cap Rate (true Cap Rate w/ fair underwriting). Zero deferred maintenance. Outstanding west Redwood City location walking distance to Whole Foods. All tenants have extra storage space and sufficient parking. Close proximity to all the high-end shopping, dining and entertainment amenities of robust & booming downtown Redwood City. Easy access to Woodside Road and Highways 101 & 280. One of the strongest rental submarkets on the Peninsula led by a high-class tenant profile paying premium rents.

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Open houses

None scheduled.

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MLS number: -

Listing agent: Matt Thomson

Listing broker: Compass

Last update: Monday, September 15 2025 at 5:28 a.m. EDT

Compass Broker