2916 Curtis Ave — Sale in Redwood City, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Redwood City, CA 94063

Photos

2916 Curtis Ave — Sale in Redwood City, CA, photo 1 of 2
2916 Curtis Ave — Sale in Redwood City, CA, photo 2 of 2

Investment Figures

Cap rate
5.00%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

2916 Curtis Avenue offers a rare opportunity to acquire a well located four unit apartment building in one of the Peninsula’s most consistently strong rental markets. The property features three 2 bedroom, 1 bath units and one 1 bedroom, 1 bath unit, providing a balanced mix of floor plans that appeal to a wide range of tenants. This configuration supports stable occupancy and diversified income, making it an attractive option for both new and seasoned investors. Situated in a residential neighborhood just minutes from major employment centers, transit, and everyday amenities, the property benefits from Redwood City’s exceptional demand fundamentals. Its central Peninsula location offers quick access to Highway 101, El Camino Real, Caltrain, and the region’s major tech and biotech corridors. Residents enjoy proximity to shopping, dining, parks, and schools, reinforcing long term rental desirability. Redwood City continues to stand out as one of the Bay Area’s most dynamic and resilient submarkets. Known for its revitalized downtown, strong job base, and year round mild climate, the city attracts a diverse tenant pool seeking convenience, lifestyle, and access to major employers. With limited multifamily supply and sustained demand, this four unit property is well positioned to deliver durable income and long term value. Investment Highlights: • Well-maintained fourplex in a high-demand Redwood City submarket • Exceptional unit mix of three 2BD/1BA units and one 1BD/1BA unit • Prime Peninsula location near major employment centers and transit

Market Context

This multifamily in Redwood City, CA is listed for sale. It is offered at an approximate 5.0% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in Redwood City, CA — view the full market.

As of Q4 2025, the San Francisco Peninsula multifamily market showed a 4.6% vacancy rate, average asking rents near $3300.00/unit/mo, rents up 5.9% year over year, and cap rates around 4.5%. Source: Matthews Q4 2025 market report.

Its 5.0% asking cap rate is above the San Francisco Peninsula multifamily market average of about 4.5%, implying a higher yield (and typically more risk or upside) than comparable assets. Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Multifamily market FAQ

What is the typical cap rate for multifamily in San Francisco Peninsula?
About 4.5% as of Q4 2025, per Matthews.
Is the San Francisco Peninsula multifamily market tightening or softening?
Vacancy is around 4.6%, with asking rents rising year over year (Q4 2025).

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