146 Madison Avenue, Redwood City, CA 94061

$3,000,000
5,944
SqFt
Add to Favorites Request Information New Search

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

View on Map Request Info Add to Favorites
Sold Price
$3,000,000
List Price
$3,100,000
Status
CLOSED
MLS#
ML82016541
Closing Date
Nov 07, 2025
Year Built
1958
Property Type
Other
Living Area
5,944
Lot Size
7,000
Acres
0.16
County
San Mateo
Subdivision
Ca
Contact Us Call Us View on Map New Search

650-436-3611

Property Description

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.

650-436-3611
Contact Us
Search All Properties

Additional Information

Appliances
Refrigerator
Roof
Composition Shingles
Request Info Add to Favorites
Add to Favorites Request Information New Search

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Matthew Thomson from Compass. 650-515-6555

Selling Office: KW Advisors.

Bay East © 2026. CCAR © 2026. BridgeMLS © 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on: