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Investment Highlights

  • Heavy Daytime Traffic + Foot Traffic
  • WW has been Recently Remodeled

Executive Summary

Prime Opportunity to Run an existing Laundromat with passive income from 6 apartments.
Inquire with Agents for Income & Expenses.

Property Facts

Price $1,950,000
Price Per Unit $325,000
Sale Type Investment
Sale Condition 1031 Exchange
No. Units 6
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Building Class C
Lot Size 0.11 AC
Building Size 4,452 SF
No. Stories 2
Year Built/Renovated 1961/2026
Parking Ratio 1.35/1,000 SF
Opportunity Zone Yes
Zoning MUC-SB - MUC - SB Mixed Use Corridor Streetcar Broadway https://library.municode.com/ca/redwood_city/codes/zoning_code?nodeId=ART53MIECOZODI

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 5 - -
1+1 1 - -
Moderately walkable
70/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
053-205-360
Land Assessment
$195,895
Improvements Assessment
$373,668
Total Assessment
$569,563
  • Listing ID: 39375382

  • Date on Market: 2/9/2026

  • Last Updated:

  • Address: 1728 Broadway St, Redwood City, CA 94063

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