---
listing_id: ML82016541
status: Closed
price: 3000000
beds: 0
baths_full: 0
baths_half: 0
sqft_living: 5944
sqft_lot: 7000
lot_acres: 
year_built: 1958
property_type: Residential Income
property_subtype: 
address: "146 Madison Ave"
city: Redwood City
state: CA
zip: 94061
county: "San Mateo County"
lat: 37.480996
lng: -122.229737
days_on_market: 274
hoa_fee: 
hoa_frequency: 
garage_spaces: 0
list_agent: "Matthew Thomson"
list_office: "Compass"
list_agent_phone: "(650) 515-6555"
list_agent_license: 01471708
mls_source: MLSL
modified: 2026-01-30
transaction_type: recentlySold
---

Home | San Mateo County | Redwood City | 94061 | 146 Madison Ave

146 Madison Ave, Redwood City, CA 94061

MLS: ML82016541 | Status: | Price: $3,000,000
Beds/Baths: – / –
Property Type: Residential Income

Quick Facts

Beds Baths Sq Ft Sq Ft Lot Yr Built
5,944 7,000 1958

Remarks

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.

MLS Listing Information

Field Value
MLS # ML82016541
MLS Source MLSListings, Inc.

Features

Interior Features

Feature Details
Cooling None
Heating Gas, Wall Furnace

Exterior Features

Feature Details
Roof Composition, Shingle
Foundation Concrete Perimeter

Parking, School, and Other Information

Feature Details
Garage/Parking Carport, Garage: 0 Car(s)
Elementary District Redwood City Elementary
High School District Sequoia Union High
Sewer Public Sewer
Water Public
Zoning R3

Contact Information

Listing Agent Co-Listing Agent
Matthew Thomson Bryan Danforth
Compass
License #: 01471708 License #: 01789680
Phone: (650) 515-6555 Phone: (650) 274-5227

Property Units

# Buildings # Leased Units # Total Units
1 7 7

Unit Details

Type Sq Ft Beds Baths Min Rent Max Rent Units Like This
1 2 1/0 $2,750 $2,895 2
2 1 1/0 $2,295 $2,325 5

School Ratings

School data provided by GreatSchools.org

Nearby Schools

School Type Grades Distance Rating
McKinley Institute Of Technology public 6-8 0.34 mi 6
North Star Academy public 3-8 0.35 mi 10
Sequoia High School public 9-12 0.53 mi 7
Orion Alternative School public K-5 0.75 mi 9
Hoover Elementary School public K-8 0.81 mi 5
Roosevelt Elementary School public K-8 1.26 mi 4
Redwood High School public 9-12 1.27 mi 2
White Oaks Elementary School public K-3 1.49 mi 10
John F. Kennedy Middle School public 6-8 1.54 mi 7
Sequoia District Adult Education public UG 1.60 mi N/A
Henry Ford Elementary School public K-5 1.66 mi 4
Adelante Selby Spanish Immersion School public K-5 1.66 mi 6
Garfield Elementary School public K-8 1.67 mi 6
San Carlos Student Services Preschool public UG 1.71 mi N/A
Clifford Elementary School public K-8 1.85 mi 7
Taft Elementary School public K-5 1.91 mi 4
Roy Cloud Elementary School public K-8 2.04 mi 9
Arroyo School public 4,5 2.14 mi 9
Central Middle School public 6-8 2.19 mi 10
Brittan Acres Elementary School public K-3 2.22 mi 10

Disclosures

©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 30, 2026. For the most current information, please contact Matthew Thomson, (650) 515-6555.