Home | San Mateo County | Redwood City | 94063 | 138-140 Berkshire Ave
138-140 Berkshire Ave, Redwood City, CA 94063
MLS: ML82061752 | Status: | Price: $3,725,000
Beds/Baths: – / –
Property Type: Residential Income
Quick Facts
| Beds |
Baths |
Sq Ft |
Sq Ft Lot |
Yr Built |
| – |
– |
9,246 |
11,300 |
1960 |
Upcoming Open Houses
| Date |
Time |
Hosted By |
| Thursday, September 24 |
11:30 am - 1:00 pm |
David Katz |
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.
| Field |
Value |
| MLS # |
ML82061752 |
| MLS Source |
MLSListings, Inc. |
| Days on Site |
2 |
Features
Interior Features
| Feature |
Details |
| Laundry |
Coin Operated |
| Cooling |
None |
| Heating |
Wall Furnace |
Exterior Features
| Feature |
Details |
| Roof |
Composition, Shingle |
| Foundation |
Pillar/Post/Pier, Wood Frame |
| Feature |
Details |
| Garage/Parking |
Attached Garage, Covered Parking, Tandem Parking, Garage: 2 Car(s) |
| Elementary District |
Redwood City Elementary |
| High School District |
Sequoia Union High |
| Sewer |
Public Sewer |
| Water |
Public |
| Zoning |
R300S5 |
| Listing Agent |
Co-Listing Agent |
| David Katz |
Will Tharp |
| Magnify Real Estate |
|
| License #: 01971921 |
License #: 01984173 |
| Phone: (408) 438-0585 |
Phone: (650) 918-0742 |
Property Units
| # Buildings |
# Leased Units |
# Total Units |
| 2 |
10 |
10 |
Unit Details
| Type |
Sq Ft |
Beds |
Baths |
Min Rent |
Max Rent |
Units Like This |
| 1 |
– |
1 |
1/0 |
$2,375 |
$2,700 |
6 |
| 2 |
– |
2 |
1/0 |
$3,100 |
$3,500 |
4 |
School Ratings
School data provided by GreatSchools.org
Nearby Schools
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Price |
Beds |
Baths |
Sq Ft |
Status |
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– |
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|
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Disclosures
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This listing information is up-to-date as of September 18, 2026. For the most current information, please contact David Katz, (408) 438-0585.