217 Alden Street Redwood City, CA ^$ 2,500,000

217 Alden Street

^$ 2,500,000

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Recently Listed

217 Alden Street

Redwood City, CA, 94063

^$ 2,500,000

Bedrooms-- Baths-- Sq 4,992

Monthly Estimate*

^$ 15,785

Listed by Corcoran Icon Properties

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Commercial Property for sale in Redwood City, CA

for $2,500,000. This 4,992 square foot building was built in 1946 on a lot size of 0.1148.

Well-Located Apartment Investment ±4,992 SF, five-unit apartment building near downtown Redwood City an all two-bedroom / one-bath unit mix on a Â±5,000 SF lot, offering durable residential income in one of the Peninsula's most supply-constrained rental markets. Strong In-Place Rental Income Five two-bedroom units provide stable, in-demand housing product with immediate cash flow at close. Downtown Redwood City Â· Walkable & Transit-Rich Blocks from downtown Redwood City, the Caltrain station, and the Sequoia Station retail district a highly walkable location with strong tenant demand from the Oracle, Electronic Arts, and Box employment base and Stanford in Redwood City. Mid-Peninsula Supply-Constrained Hold Severely constrained housing supply between San Francisco and San Jose, combined with Redwood City's status as the largest city on the Mid-Peninsula, supports durable occupancy, rent growth, and a defensive long-term multifamily hold.

Commercial Active

Price

^$ 2,500,000

Property Type

Commercial

Taxes

^$ 27,517

Style

Lot Size

0.1148

Year Built

1946

Town/City

Redwood City

County/Region

San Mateo

MLS | Web ID

ML82054736

Days on Market

Features

General

Cooling None

Utilities Other

Roof Shingle

Zoning r5

HOA Fee 0

Year Built 1946

County San Mateo

Insurance Expense 2796

Property Type Commercial Sale

MaintenanceExpense 0

Special Listing Conditions Standard

Status Active

City Redwood City

High School District Other

MLS Area 699 - Not Defined

Lot Size Units Square Feet

Lot Size Square Feet 5000

Carport Spaces 0

Tax Annual Amount 27517

Trash Expense 4128

Standard Status Active

Occupancy Type Tenant

Year Built Source Other

Interior

Air Conditioning Y/N true

Total Baths 0

Exterior

Water Source Other

Total Parking 5

Lot Size Area 5000

Number of Buildings 1

Building Area Total 4992

Lot Size Acres 0.1148

Lot Size Source Other

* Excluded Features

List By

Corcoran Icon Properties

Broker

steve.b@corcoranicon.com

Affordability Calculator

$18,078

Per Month

Monthly Principal & Interest: $15,785
Monthly Property Taxes: $2,293
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Redwood City, CA

Average List Price ^$3,560,571

Percent of Sale Price 42%

About Redwood City, CA

80,734 Population

7% Since 2002

^$83,523 Median Income

38.33 Median Age

34% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/18/2026	$2,500,000		Listed Price

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217 Alden Street, Redwood City, CA, 94063 is a Commercial Property for sale at $2,500,000 with 4,992 sqft and a lot size of 0.1148. 217 Alden Street was built in 1946. The property's zip code is 94063 which is in Redwood City, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 7/21/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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217 Alden Street

Commercial Property for sale in Redwood City, CA

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