645 Elm Street, Redwood City, CA 94063 - Berkshire Hathaway HomeServices California Properties

645 Elm Street, Redwood City, CA 94063

$3,288,000 Approx. USD 0 beds, 0 baths

Listing Agent


Eymon Binesh | ebinesh@marcusmillichap.com
Lic#: 02060059
Broker: Courtesy of Marcus & Millichap

Agent Remarks

Marcus & Millichap is please to present 645 Elm St, a stunning 8-unit community located in the thriving city of Redwood City, California. Situated on a quiet cul-de-sac, the asset offers residents beautifully designed two-bedroom and one-bedroom floor plans. The property also features convenient amenities such as private parking for all units, and an on-site laundry facility. Price at nearly a 5.75% CAP on current metrics, this asset qualifies for excellent bank financing, and is one of the highest yields available in San Mateo County. Located steps from lively Downtown Redwood City, residents are within a 15 minute walk to Sequoia Station, Whole Foods Market, Box Headquarters, and much more. The property is also within a 10 minute drive to Meta's Headquarters in Menlo Park. The Redwood City Caltrain Station is less than a mile away, which provides an inexpensive, hassle free commute to major employers in San Francisco, the Peninsula, and South Bay. With a world-class location in the heart of the Peninsula, 645 Elm Street presents an attractive choice for renters due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.

Listing Details

Property type: (Commercial)
Status: Pending
MLS# ML82000593
List price is $3,288,000 Reduced by $200,000 on 4/14/2025
Price: $3,288,000
HOA Fee is $0.00
Built in 1955
0.17 acres
Lot size: 0.1740
County: San Mateo
Zoning: R-4
Heating/cooling: None
Heating description: Wall Furnace
MLS area: 699 - Not Defined

Last Updated: 5/23/2025

 Days On Market (DOM): 50

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This listing belongs to the 699 - Not Defined MLS area

Lat/Long: 37.484663, -122.223287.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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