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2451 Middlefield Rd

Redwood City, CA 94063
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Bed 0

Bed

Bath 0

Bath

SqFt11,003

Sqft(Lot)

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.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $6,300,000

AD Id : 90492308

MLS Id : 41133594

Lot Size : 11,003 Sqft

Year Built : 1964

County : San Mateo

Subdivision: Progresso

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Feature Features

  • Interior Features

    Roof: TarGravel
  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace Has Cooling: Yes Cooling: None

  • Building Information

    Year Built: 1964
    Construction Materials: Stucco
    Private Pool: No

  • Lot Information

    Main Square Feet: 11003 Lot Size Acres: 0.2526 Lot Size Square Feet: 11,003

    Property Information

    Subdivision: REDWOOD CITY Source Property Type: ResidentialIncome Property Age: 62

  • Listing Price Information

    Listing Price: $6300000
    Original Price: $6650000

  • Tax Information

    Parcel Number: 054091420

  • Parking Information

    Parking Total: 18

  • Location Information

    Direction: Cross Street: flynn ave.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
32013203 Hoover Street, Redwood City, CA, 94063 $1,698,000 4 2 2,313 5,952 Sqft
3499 E Bayshore Road #13, Redwood City, CA, 94063 $199,000 2 1 784 --
3523 Page Street, Redwood City, CA, 94063 $898,999 2 1 750 3,000 Sqft
3015 E Bayshore Road #316, Redwood City, CA, 94063 $259,000 3 2 960 --
3279 Hoover Street, Redwood City, CA, 94063 $1,100,000 2 1 1,000 6,000 Sqft
1036 Dodge Drive, Redwood City, CA, 94063 $1,500,000 3 2 2,470 7,150 Sqft
915 7th Avenue, Redwood City, CA, 94063 $1,398,000 3 2 1,400 5,712 Sqft
3223 Spring Street, Redwood City, CA, 94063 $1,348,000 2 2 1,090 5,336 Sqft
2053 E Bayshore Road, Redwood City, CA, 94063 $349,888 4 2 1,344 --
2053 East Bayshore #7, Redwood City, CA, 94063 $239,000 2 1 860 --

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/08/2026 @ 07:15

MLS: 41133594 LISTED BY: Zhenhua Tao, BQ Group 408-800-5988 SOURCE: CRMLS

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