Home | San Mateo County | Redwood City | 94063 | 232 Berkshire Ave
MLS: ML81923005 | Status: Sold | Price: $1,280,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | 2,250 | 2,500 | 1951 |
First Time on Market in 40+ Years! Best Value 4-Unit Property in Redwood City: 3.18% CAP on Current Rents & 5.0% CAP on Market Rents! Individually-Addressed Apt. Units: 232-234 Berkshire-Two (2) 1 BR/1 BA Units, 215-217 First Ave-Two (2) 1 BR/1 BA + Extra Bedroom/Den. 10 Total Parking Spaces. 2 Convenient Pull-Up Parking Spaces Per Unit. 2 APN's Offer Future Development Potential: 054-206-030 is Vacant Land (Used as Tenant Yard), 054-206-040 Offers 4 Easy-to-Rent Units w/ Immediate Cashflow. Current CAP Rate: 3.18%/GRM: 16.2. Pro-Forma CAP Rate: 5.0%/GRM: 12.3. Cost/SF: $578/SF. Separate Meters: Tenants Pay PG&E / Owner Pays: Water/Garbage. Functional Floorplans & Good Parking Access: Easy to Rent and Straightforward, Headache-Free Management. Strong Historical Tenancy. 234 Berkshire-Section 8 Housing: $1,282/Tenant: $223. Convenient Location Near Middlefield Rd, ECR, Woodside Rd/84, 101, 280. Proven Cash Cow Offering Good Hedge Against Inflation. Make Appt. w/ Agent Before Tour.
| Field | Value |
|---|---|
| MLS # | ML81923005 |
| MLS Source | MLSListings, Inc. |
| Feature | Details |
|---|---|
| Kitchen | Countertop - Formica, Countertop - Granite |
| Appliances | Oven Range - Gas, Refrigerator |
| Cooling | Ceiling Fan |
| Heating | Gas, Wall Furnace |
| Feature | Details |
|---|---|
| Roof | Composition |
| Foundation | Concrete Perimeter, Crawl Space |
| Feature | Details |
|---|---|
| Garage/Parking | Common Parking Area, Parking Area, Tandem Parking, Garage: 0 Car(s) |
| Elementary District | Redwood City Elementary |
| High School District | Sequoia Union High |
| Sewer | Public Sewer |
| Water | Public |
| Zoning | R300S5 |
Don Sung
Colliers Parrish International
License #: 01935797
Phone: (650) 380-5188
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 4 | 4 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 525 | 1 | 1/0 | $1,550 |
| 2 | 525 | 1 | 1/0 | $1,505 |
| 3 | 600 | 1 | 1/0 | $1,820 |
| 4 | 600 | 1 | 1/0 | $1,820 |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Sequoia District Adult Education | public | UG | 0.34 mi | N/A |
| Garfield Elementary School | public | K-8 | 0.40 mi | 6 |
| Hoover Elementary School | public | K-8 | 0.70 mi | 5 |
| Taft Elementary School | public | K-5 | 0.95 mi | 4 |
| Adelante Selby Spanish Immersion School | public | K-5 | 1.18 mi | 6 |
| Encinal Elementary School | public | K-5 | 1.38 mi | 9 |
| McKinley Institute Of Technology | public | 6-8 | 1.58 mi | 6 |
| North Star Academy | public | 3-8 | 1.61 mi | 10 |
| Orion Alternative School | public | K-5 | 1.74 mi | 9 |
| Henry Ford Elementary School | public | K-5 | 1.74 mi | 4 |
| Sequoia High School | public | 9-12 | 1.80 mi | 7 |
| John F. Kennedy Middle School | public | 6-8 | 1.83 mi | 7 |
| Roosevelt Elementary School | public | K-8 | 1.95 mi | 4 |
| Tide Academy | public | 9-12 | 2.04 mi | 9 |
| Menlo-Atherton High School | public | 9-12 | 2.04 mi | 8 |
| Laurel Elementary School | public | K-5 | 2.06 mi | 10 |
| Hillview Middle School | public | 6-8 | 2.38 mi | 9 |
| Woodside High School | public | 9-12 | 2.39 mi | 8 |
| Las Lomitas Elementary School | public | K-3 | 2.41 mi | 10 |
| Redwood High School | public | 9-12 | 2.48 mi | 2 |
©2026 MLSListings Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of January 31, 2026. For the most current information, please contact Don Sung, (650) 380-5188.