128 Roosevelt Avenue, Redwood City, CA

$2,688,000

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6,976

Square feet

0.23

Acres

About 128 Roosevelt Avenue

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.

Features of 128 Roosevelt Avenue

MLS® # ML82054947
Price $2,688,000
Square Footage 6,976
Acres 0.23
Year Built 1951
Type COMM RI MULTI-UNITS 5+
Sub-Type Other
Status Pending

Community Information

Address 128 Roosevelt Avenue
City Redwood City
County San Mateo
State CA
Zip Code 94061

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Wall Furnace
Fireplace No

Exterior

Roof Shingle

Additional Information

Date Listed July 21st, 2026
Zoning R-4
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentJimmy Castellanos
OfficeMarcus & Millichap

Listing Map

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