Description

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.

Property details

Year built

1964

Property type

Residential Income

Lot size

11,003 sqft

Location

2451 Middlefield Rd • Redwood City, CA 94063

More homes for sale and rent in Redwood City, CA →

Listed by

Zhenhua Tao · BQ Group

Similar Listings

Recent sales near 2451 Middlefield Rd

30 Meadow Lane: Sold $1,325,000 · 2 bd · 2 ba · 890 sqft · Jun 2026 · 0.1 mi
SC Properties | DRE #01852584
Buyer's agent: Jason Phuong Pham | DRE #01882266
528 Macarthur Avenue: Sold $928,000 · 3 bd · 1 ba · 740 sqft · Aug 2026 · 0.2 mi
Intero Real Estate Services | DRE #01345580
Buyer's agent: Jecelle Prudente, Kinetic Real Estate | DRE #02176508
603 Warrington Avenue: Sold $950,000 · 3 bd · 1 ba · 1,010 sqft · Jan 2026 · 0.4 mi
Coldwell Banker Realty | DRE #01103989
Buyer's agent: Amelia Middel, Coldwell Banker Realty | DRE #01103989
1721 Middlefield Road: Sold $1,412,500 · 3 bd · 3 ba · 1,362 sqft · Aug 2026 · 0.4 mi
KW Advisors | DRE #70010079
Buyer's agent: Samantha Mindrescu, Real Brokerage Technologies | DRE #02128723
545 Hampshire Avenue: Sold $1,500,000 · 3,200 sqft · Jun 2026 · 0.4 mi
Marcus & Millichap | DRE #02060059
Buyer's agent: Eddie Oberoi, Intero Real Estate Services | DRE #01323567
306 Beech Street: Sold $2,150,000 · 5,972 sqft · Jul 2026 · 0.5 mi
Guide Real Estate | DRE #00867442
Buyer's agent: Karl Dresden, Terrace Associates | DRE #00525686
412 Stambaugh Street: Sold $1,300,000 · 3 bd · 1 ba · 1,040 sqft · May 2026 · 0.5 mi
NuTerra Real Estate Group | DRE #01997001
Buyer's agent: Joshua Lawrence | DRE #01419693
240 Berkshire Avenue: Sold $1,188,000 · 3 bd · 1 ba · 1,180 sqft · Aug 2026 · 0.6 mi
Compass | DRE #01829597
Buyer's agent: Alissa Anderson | DRE #02204214