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$3,000,000

  • Sold
  • Closed
  • Commercial Residential Facility
  • 5,944 Sq. Ft.
  • 0.1607 Acres
See This Home
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True turnkey apartment building in excellent Redwood City location. Attractive Unit Mix: (2) Two-Bedroom / One Bath Units & (5) One-Bedroom / One-Bath Units. Four of the seven units are renovated. Several recent capital improvements including New roof, upgraded electrical meeting current insurance requirements, new catwalk, new exterior paint, new drainage & new water heater. Day One 4.53% Cap Rate (true Cap Rate w/ fair underwriting). Zero deferred maintenance. Outstanding west Redwood City location walking distance to Whole Foods. All tenants have extra storage space and sufficient parking. Close proximity to all the high-end shopping, dining and entertainment amenities of robust & booming downtown Redwood City. Easy access to Woodside Road and Highways 101 & 280. One of the strongest rental submarkets on the Peninsula led by a high-class tenant profile paying premium rents.

Full Property Details for 146 Madison Ave

General

  • Sold For: $3,000,000
  • Status: Closed
  • Type: Commercial Residential Facility
  • Source: RE_Infolink
  • MLS ID: ML82016541
  • Added to Site: 171 day(s) ago

Additional Information

  • Security/Safety: Security Lights

Parking

  • Parking Features: Carport

Location

  • Area: Central Park Etc.
  • County: San Mateo

Heating & Cooling

  • Cooling Type: None

Utilities

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

Structural Information

  • Construction: Wood Frame
  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle
  • Disability Access: Parking
  • Square Feet: 5,944
  • Year Built: 1958

Unit Information

Unit 1

  • Bedrooms: 2

Unit 2

  • Bedrooms: 1

Lot Features

  • Lot Size (Acres): 0.1607
  • Minimum Lot Size: 7000
  • Building Sites: 1
  • Zoning: R3

Disclosures and Reports

  • Restrictions: No Age Restrictions

Listed by Compass, Matthew Thomson and Compass, Bryan Danforth
Sold by Kwpen, Regan Cherrington

Listing agents

— 146 Madison Ave —

  • Matthew Thomson

    Compass

  • Bryan Danforth

    Compass

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NMLS#: 1598647

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NMLS#: 1598647

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Schools serving 146 Madison Ave

School Districts:Redwood City Elementary School District, Sequoia Union High School District
NameGradesDistance
Roosevelt Elementary School, Redwood City, CA
2223 Vera Avenue, Redwood City, CA 94061
K-81.3 mi
John F. Kennedy Middle School, Redwood City, CA
2521 Goodwin Ave., Redwood City, CA 93239
6-81.5 mi
Sequoia High School
1201 Brewster Avenue, Redwood City, CA 94062
9-120.5 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 146 Madison Ave

Date
Details
Price
Change
Source
11/07/2025
Sold
$3,000,000
-3.23%
MLS
7/31/2025
Listed
$3,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Compass, Matthew Thomson and Compass, Bryan Danforth
Sold by Kwpen, Regan Cherrington

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Recent Sales near 146 Madison Ave

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146 Madison Ave, Redwood City, CA 94061 (MLS# ML82016541) is a Commercial Residential Facility property that was sold at $3,000,000 on November 07, 2025. Want to learn more about 146 Madison Ave? 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.