- $2.7M Price
- .23 Acres
- 28 DOM
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.
Essential Information
- MLS® #ML82054947
- Price$2,688,000
- Bathrooms0.00
- Acres0.23
- Year Built1951
- TypeCommercial Sale
- StatusActive
Community Information
- Address128 Roosevelt Avenue
- Area699 - Not Defined
- CityRedwood City
- CountySan Mateo
- Zip Code94061
Amenities
- Parking Spaces3
Interior
- HeatingWall Furnace
- CoolingWall/Window Unit(s)
Exterior
- RoofComposition, Shingle
School Information
- DistrictOther
- ElementaryRoosevelt
- HighSequoia
Additional Information
- Date ListedJuly 21st, 2026
- Days on Market28
- ZoningR-4
Listing Details
- AgentJimmy Castellanos
- OfficeMarcus & Millichap
Price Change History for 128 Roosevelt Avenue, Redwood City, (MLS® #ML82054947)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $3,100,000 to $2,688,000 |
Jimmy Castellanos, Marcus & Millichap.
Based on information from California Regional Multiple Listing Service, Inc. as of August 18th, 2026 at 9:27pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.