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77 Birch St
Redwood City, CA 94062
6-Unit Medical Office + 9 Townhouse Approval · Office Property For Sale
Investment Highlights
- Rarely Available Development Opportunity (Up to 23 Condo Units) in A+ Location Near Downtown Redwood City (WalkScore 93)
- City of Redwood City Recently Upzoned to R-5-O (40 DU/Acre), Offering Up to 15 DU + 8 Units (State Density Bonus) = 23 Units
- Currently Submitted Plans for 9 Townhouse Units (90% Entitled). Redwood City Updated Zoning to 40 DU/Acre
- Ideal for Developers OR Owner-User with Option for Income While Securing Full Entitlement for Up to 23 Condo Units
- Irreplaceable Location on Treelined Street in Most Desirable Part of Redwood City (Oak Knoll/Edgewood Park). Easy ECR and Freeway Access
- City of Redwood City Indicated Severe Shortage of Housing, and Expressed Strong Desire to Simplify Approval Process for More Units
Property Facts
Property Type
Office
Property Subtype
Building Size
4,918 SF
Building Class
C
Year Built
1967
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,918 SF
Building FAR
0.30
Lot Size
0.38 AC
Zoning
R5, Redwood City - R-5-O: High-Density Multifamily (40 Dwelling Units/Acre) + CA State Density Bonus (50% Additional Units). 75' Height Limit.
Parking
25 Spaces (5.07 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 052-182-230 | Improvements Assessment | $713,931 |
| Land Assessment | $3,413,486 | Total Assessment | $4,127,417 |
Property Taxes
Parcel Number
052-182-230
Land Assessment
$3,413,486
Improvements Assessment
$713,931
Total Assessment
$4,127,417
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