128 Roosevelt Avenue Redwood City, CA $ 3,100,000
128 Roosevelt Avenue
$ 3,100,000
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128 Roosevelt Avenue

Redwood City, CA, 94061
$ 3,100,000
Bedrooms-- Baths-- Sq 6,976

Monthly Estimate*

$ 19,574

Listed by Marcus & Millichap
128 Roosevelt Avenue, Redwood City, CA 94061 - Image 1
128 Roosevelt Avenue, Redwood City, CA 94061 - Image 2
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128 Roosevelt Avenue, Redwood City, CA 94061 - Image 9
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128 Roosevelt Avenue, Redwood City, CA 94061 - Image 19
128 Roosevelt Avenue, Redwood City, CA 94061 - Image 20
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Commercial Property for sale in Redwood City, CA

for $3,100,000. This 6,976 square foot building was built in 1951 on a lot size of 0.2288.

Value-add opportunity in Downtown Redwood City // LOW RENTS // BRING ALL OFFERS. Pleased to present 128 Roosevelt Avenue. Situated in the heart of Redwood City, 128 Roosevelt Avenue is a 10 unit apartment community offering a compelling value-add investment opportunity in one of the Peninsulas most supply-constrained rental markets. Built in 1951, the property consists of ten (10) one-bedroom/one-bathroom residences encompassing approximately 6,976 building square feet on a 9,967 square foot parcel (per county records). The property has been held under the same ownership for over 50 years. This represents a rare opportunity to acquire a premier-location multifamily asset at an attractive basis with significant upside potential.

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Commercial Active

Price

$ 3,100,000

Property Type

Commercial

Taxes

$ 33,917

Style

Lot Size

0.2288

Year Built

1951

Town/City

Redwood City

County/Region

San Mateo

MLS | Web ID

ML82054947

Days on Market

2

Features
General
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Roof Composition Shingle
Zoning R-4
HOA Fee 0
Year Built 1951
County San Mateo
Insurance Expense 10000
Property Type Commercial Sale
MaintenanceExpense 5000
Special Listing Conditions Standard
Status Active
High School Sequoia
City Redwood City
High School District Other
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 9966
Carport Spaces 10
Carport Y/N true
Elementary School Roosevelt
Tax Annual Amount 33917
Trash Expense 6000
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
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Interior
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Water Source Public
Total Parking 3
Lot Size Area 9966
Number of Buildings 1
Building Area Total 6976
Lot Size Acres 0.2288
Lot Size Source Other
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* Excluded Features
List By
Marcus & Millichap

Broker

jimmy.castellanos@marcusmillichap.com

Email

Affordability Calculator

$22,400
Per Month
87%
13%
0%
Monthly Principal & Interest
$19,574
Monthly Property Taxes
$2,826
Monthly Home Insurance
--
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
0 Elementary School
0 Middle School
Sequoia High School High School
Pricing History
DatePricePrice ChangeDescription
7/21/2026$3,100,000 Listed Price

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128 Roosevelt Avenue, Redwood City, CA, 94061 is a Commercial Property for sale at $3,100,000 with 6,976 sqft and a lot size of 0.2288. 128 Roosevelt Avenue was built in 1951. The property's zip code is 94061 which is in Redwood City, CA