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2483 Middlefield RD
Listed by Compass, Ray Rodriguez, Tony Zizzo Listing Contact: 6504050743
Sold

2483 Middlefield RD

2483 Middlefield Road, REDWOOD CITY, CA 94063

$5,500,000

Features & Amenities

Area & Lot

  • Status Sold
  • Living Area13,302 Sq.Ft.
  • Total Area13,302 Sq.Ft.
  • Lot Area10,890 Sq.Ft.
  • MLS® IDML81992938
  • TypeMulti-Family
  • YEAR BUILT1964
  • Architecture StylesFlat
  • School DistrictSequoia Union High

Exterior

  • Garage Space15.0
  • water SourcePrivate
  • PoolNone
  • roofFlat
  • parkingAttached, Assigned
  • HEAT TYPEWall Furnace
  • AIR CONDITIONINGOther
  • sewerPrivate Sewer
  • SubstructureSlab
  • security FeaturesOther

Financial

  • Sales Price$5,500,000
  • Real Estate Tax $69,521/yr
  • Maintenance Fee $6,000/mo
  • Zoning RM

2483 Middlefield Rd, a multifamily property located near downtown Redwood City, closed at $5,500,000 on June 18, 2025, by the R&Z Group. 

This 15-unit property features fifteen 1-bedroom, 1-bath units, totaling 13,302 sq. ft. with a price per unit of $366,666. Key highlights include a cap rate of 5.85% and a gross rental multiplier (GRM) of 11.80. The property is ideally situated across from Costco, offering private balconies, assigned parking, and on-site laundry facilities.

Ken Wu, Senior Investment Advisor at the R&Z Group, facilitated this transaction.

Contact The R&Z Group:  

Ray Rodriguez | (650) 405-0743 | Lic# 01999734  
Tony Zizzo | (650) 770-8356 | Lic# 01962093  
Ken Wu | (415) 825-3085 | Lic# 02131550

Contact

Studio

13,302 Sq.Ft. LIVING AREA

10,890 Sq.Ft. lot

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