About 2451 Middlefield Rd
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.
Features of 2451 Middlefield Rd
| MLS® # | 41133594 |
|---|---|
| Price | $6,300,000 |
| Square Footage | 15,680 |
| Acres | 0.25 |
| Year Built | 1964 |
| Type | COMM RI MULTI-UNITS 5+ |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 2451 Middlefield Rd |
|---|---|
| Subdivision | REDWOOD CITY |
| City | Redwood City |
| County | San Mateo |
| State | CA |
| Zip Code | 94063 |
Amenities
| Parking | Carports - 2 Or More, Space Per Unit - 1 |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Dishwasher, Refrigerator |
|---|---|
| Heating | Wall Furnace |
| Cooling | None |
| Fireplace | No |
Exterior
| Exterior Features | Greenbelt |
|---|---|
| Lot Description | Other |
| Construction | Stucco |
Additional Information
| Date Listed | May 5th, 2026 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Zhenhua Tao |
|---|---|
| Office | BQ Group |