The R&Z Group
Gray multifamily apartment building with red-trimmed balconies and landscaped hedges.
Listed by Compass, Ray Rodriguez, Tony Zizzo Listing Contact: 650-405-0743
Sold

2483 Middlefield RD

2483 Middlefield RD, Redwood City, CA 94063

$5,500,000

Features & Amenities

Area & Lot

  • Status Sold
  • Date Sold April 21, 2025
  • Living Area13,302 Sq.Ft.
  • Total Area13,302 Sq.Ft.
  • Lot Area10,890 Sq.Ft.
  • MLS® IDML81992938
  • TypeResidential
  • YEAR BUILT1964
  • Architecture StylesFlat
  • School DistrictSequoiaUnionHigh

Exterior

  • Garage Space15.0
  • roofFlat, Polyurethane
  • parkingAssigned Spaces, Attached Garage
  • HEAT TYPEWall Furnace
  • AIR CONDITIONINGOther
  • sewerPrivate Sewer
  • SubstructureSlab
  • Disability FeaturesOther

Financial

  • Sales Price$5,500,000
  • 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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Contact Details

TONY ZIZZO

Phone

(650) 770-8356

RAY RODRIGUEZ

Phone

(650) 405-0743

Email

[email protected]

Address

1133 MINNESOTA AVE. SAN JOSE, CA 95125 2500 Bee Caves Road Building 3, Suite 200, West Lake Hills, TX 78746 TONY ZIZZO | CA DRE# 01962093 | TX #784905 RAY RODRIGUEZ | CA DRE# 01999734

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