138140 Berkshire Avenue, Redwood City, CA, 94063

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$3,725,000
22 Days On Site

138140 Berkshire Avenue
Redwood City, CA 94063

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
9,246
SqFt
$403
/SqFt
1960
Built
County:
San Mateo
Listed by David Katz of Magnify Real Estate david@magnifyequity.com
Call Now: 951-203-4426
Is this the listing for you? We can help make it yours.
951-203-4426
138140 Berkshire Avenue138140 Berkshire Avenue138140 Berkshire Avenue138140 Berkshire Avenue
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Magnify is pleased to present 138-140 Berkshire Avenue, a rare opportunity to acquire two contiguous 5-unit buildings on separate APNs in Redwood City. Offered at a 6.4% in-place cap rate with over $28,000/month in rents, this well-maintained 10-unit offers strong current cash flow and value-add potential. The unit mix includes (4) 2BD/1BA and (6) 1BD/1BA units with spacious floor plans. Major improvements include new roofs (2023), upgraded electrical subpanels (2025), Square D main electrical disconnects, dual-pane windows, fresh exterior paint (2026), newer central water heaters, and a passing SB-721 inspection. Two oversized rear garages provide valuable off-street parking and potential ADU conversion. Additional upside includes potential for new-construction ADUs on the 138 Berkshire parcel, subject to zoning and permitting. Located in a core Peninsula location less than 1 mile from the Atherton border, the property offers convenient access to Highway 101, Downtown Redwood City, Caltrain, and major employers. As an unincorporated property, it is also outside the City of Redwood City's jurisdiction and current rent control ordinance (buyer to verify). Strong in-place income and multiple avenues for future expansion make 138-140 Berkshire an attractive Peninsula investment.

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Listing Snapshot
Price 
$3,725,000
Days On Site 
22 Days
Bedrooms 
N/A
Inside Area (SqFt) 
9,246 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2594 Acres
Year Built 
1960
MLS® Number 
ML82061752
Status 
Active
Property Tax 
$57,939
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Other
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
3 weeks agoListing first seen on site
General Features
Acres 
0.2594
Carport 
4
Parking Spaces 
6
Special Circumstances 
Standard
SqFt Total 
9246
Water Source 
Public
Zoning 
R300S5
Interior Features
Cooling 
None
Heating 
Wall Furnace
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Exterior Features
Roof 
CompositionShingle
Community Features
MLS Area 
699 - Not Defined
School District 
Other
Schools
School District
Other
Elementary School
Unknown
Middle School
Unknown
High School
Unknown


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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