138-140 Berkshire Avenue, Redwood City, CA 94063
138-140 Berkshire Avenue, Redwood City, CA 94063
138-140 Berkshire Avenue, Redwood City, CA 94063
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Listed by David Katz • Magnify Real Estate • 877-776-7718
$3,725,000
Est. payment /mo
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9,246 SqFt
Open Thu 11:30AM-1PM

138-140 Berkshire Avenue Redwood City, CA 94063

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Max Manatt

Max Manatt

+1(925) 980-3375

Open House

Thu Sep 24, 11:30am - 1:00pm

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Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 9,246 sqft

Price per Sqft $402

MLS Listing ID ML82061752

HOA Y/N No

Year Built 1960

Lot Size 0.259 Acres

Property Sub-Type Other

Source Datashare MLSListings

Property Description

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.

Location

State CA

County San Mateo

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Laundry Coin Operated

Building

Water Public

Bay East Association of Realtors
© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

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Max Manatt

Max Manatt

Agent License ID: 01957416

+1(925) 980-3375

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138-140 Berkshire Avenue

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