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15,680 sqft

$6,300,000

2451 Middlefield Rd, Redwood City CA, 94063

Price per sqft$401.79
Built in1964
Property size15,680 sqft
Property typeCommercial

Overview

Active

Listed May 5, 2026

Updated 3 weeks ago

2451 Middlefield Rd presents a rare 18-unit multifamily investment opportunity in Redwood City. Located within a federally designated Opportunity Zone, the property offers potential tax advantages for Qualified Opportunity Fund investors. With significant upside through unit renovations and operational improvements, investors may benefit from accelerated depreciation strategies and long-term appreciation in one of Silicon Valley's strongest rental markets. The property features a well-balanced unit mix of ten (10) one-bedroom/one-bath units and eight (8) studios, along with eighteen (18) on-site parking spaces—a rare and valuable amenity in this area. Many of the units have been upgraded with modern kitchens and bathrooms. Located directly across from Costco Wholesale and just minutes from downtown Redwood City, the property benefits from excellent access to shopping, dining, and entertainment. Nearby Highway 101, El Camino Real, and the Caltrain provide easy commuting to major employment hubs such as Palo Alto, Menlo Park, and San Francisco.

Additional information

MLS® ID
41133594

Interior Features

Heating
Yes
Basement
No

Exterior Features

Lot Size
0.25 Acres
MLS provider logo

Listed by Zhenhua Tao, Jenny Guo with BQ Group
Listing Contact: 510-366-0071 

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