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$3,495,000

  • For Sale
  • Active
  • Commercial Residential Facility
  • 6,300 Sq. Ft.
See This Home
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Introducing 116 Pine St. in downtown Redwood City. The property features 10 fully renovated units (kitchens, baths, floors, doors, electrical, etc.) and offers three 2 bedroom 1 bathroom units and seven 1 bedroom 1 bathroom units. It sports an insanely desirable WalkScore of 94. Most importantly it is located one block from the 8 acre $600,000,000 Elko Yards development project. There's nothing but upside in this pocket of Redwood City and this investment provides solid returns immediately. Strong in-place RUBS. In close proximity to all the dining, shopping & entertainment amenities of Downtown Redwood City. Strategically located between San Francisco and San Jose, Redwood City continues to be one of the most dynamic and rapidly growing cities on the mid-Peninsula.

Full Property Details for 116 Pine St

General

  • Price: $3,495,000
  • Status: Active
  • Type: Commercial Residential Facility
  • Source: RE_Infolink
  • MLS ID: ML82033415
  • Updated: 2/4/2026
  • Added to Site: 29 day(s) ago

Additional Information

  • Security/Safety: None

Parking

  • Garage Spaces: 2
  • Parking Features: Attached Garage, Carport

Location

  • Area: Lenolt Etc.
  • County: San Mateo

Heating & Cooling

  • Cooling Type: None

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Individual Electric Meters, Individual Gas Meters
  • Metering: Separate Electric, Separate Gas

Structural Information

  • Foundation: Concrete Perimeter
  • Roof: Flat / Low Pitch
  • Disability Access: None
  • Square Feet: 6,300
  • Year Built: 1953

Unit Information

Unit 1

  • Bedrooms: 2

Unit 2

  • Bedrooms: 1

Lot Features

  • Minimum Lot Size: 7267
  • Building Sites: 2
  • Zoning: Multifamily

Disclosures and Reports

  • Restrictions: None

Listed by Cornish & Carey Commercial, Steve Zirelli and Compass, Matthew Thomson

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Listing agents

— 116 Pine St —

  • Steve Zirelli

    Cornish & Carey Commercial

  • Matthew Thomson

    Compass

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 116 Pine St

School Districts:Redwood City Elementary School District, Sequoia Union High School District
NameGradesDistance
Hoover Elementary School, Redwood City, CA
701 Charter Street, Redwood City, CA 94063
K-80.5 mi
Sequoia High School
1201 Brewster Avenue, Redwood City, CA 94062
9-120.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 116 Pine St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/02/2026
Listed
$3,495,000
29.44%
MLS
7/15/2019
Sold
$2,700,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 116 Pine St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$45,038
1%
$4,101,169
2%
2024
$44,536
2%
$4,020,755
2%
2023
$43,859
5%
$3,941,918
2%
2022
$41,789
1%
$3,864,626
2%
2021
$41,382
1%
$3,788,850
1%
2020
$40,824
1743%
$3,750,000
1917%
2019
$2,215
2%
$185,895
2%
2018
$2,161
1%
$182,251
2%
2017
$2,139
3%
$178,679
2%
2016
$2,081
4%
$175,177
2%
2015
$2,008
2%
$172,547
2%
2014
$1,972
—
$169,168
—
2013
$1,980
—
$168,404
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 116 Pine St

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Down Payment
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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Cornish & Carey Commercial, Steve Zirelli and Compass, Matthew Thomson

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116 Pine St, Redwood City, CA 94063 (MLS# ML82033415) is a Commercial Residential Facility property. 116 Pine St is currently listed for $3,495,000 and was received on February 02, 2026. Want to learn more about 116 Pine St? Do you have questions about finding other Commercial Residential Facility real estate for sale in Redwood City? You can browse all Redwood City real estate or contact a Coldwell Banker agent to request more information.

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