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3212 Rolison Rd 8 Unit Apartment Building $4,197,431 CAD ($524,679 CAD/Unit) 4.37% Cap Rate Redwood City, CA 94063



Investment Highlights
- Recent Capital Improvements
- Desirable Unit Mix
- Proximity to Vibrant Downtown Redwood City
- Exceptional Mid-Peninsula Investment Opportunity
- Convenient Amenities
Executive Summary
For additional information, please contact Justin Fink at justin@levinjohnston.com or 650-576-5408. 3212
Rolison Rd is a stunning 8-unit apartment community located in the thriving city of Redwood City, California.
Situated on a 10,044-square-foot parcel, the property was originally constructed in 1964 and features a gross building area of approximately 7,040 square feet, offering tenants 100% beautifully designed two-bedroom floor plans.
The community is just minutes from lively Downtown Redwood City, providing residents with a myriad of high-end shopping, dining, and entertainment options, while the nearby Redwood City Caltrain Station, offering Baby Bullet services, provides an inexpensive, hassle-free commute to major employment and entertainment centers in San Francisco, the Peninsula, and the South Bay. In addition to excellent public transportation, residents enjoy easy access to major corridors including U.S. Highway 101, Interstate 280, the San Mateo-Hayward Bridge, and the Dumbarton Bridge.
The investment appeal of this asset is underscored by Redwood City's strong employment fundamentals and low vacancy levels, making 3212 Rolison Rd an attractive choice for Peninsula renters due to its world-class location near major employers, transportation, and lifestyle amenities.
Rolison Rd is a stunning 8-unit apartment community located in the thriving city of Redwood City, California.
Situated on a 10,044-square-foot parcel, the property was originally constructed in 1964 and features a gross building area of approximately 7,040 square feet, offering tenants 100% beautifully designed two-bedroom floor plans.
The community is just minutes from lively Downtown Redwood City, providing residents with a myriad of high-end shopping, dining, and entertainment options, while the nearby Redwood City Caltrain Station, offering Baby Bullet services, provides an inexpensive, hassle-free commute to major employment and entertainment centers in San Francisco, the Peninsula, and the South Bay. In addition to excellent public transportation, residents enjoy easy access to major corridors including U.S. Highway 101, Interstate 280, the San Mateo-Hayward Bridge, and the Dumbarton Bridge.
The investment appeal of this asset is underscored by Redwood City's strong employment fundamentals and low vacancy levels, making 3212 Rolison Rd an attractive choice for Peninsula renters due to its world-class location near major employers, transportation, and lifestyle amenities.
Property Facts
| Price | $4,197,431 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $524,679 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.23 AC |
| Cap Rate | 4.37% | Building Size | 7,040 SF |
| Gross Rent Multiplier | 14.56 | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1964 |
| Property Subtype | Apartment | Parking Ratio | 1.14/1,000 SF |
| Zoning | R3, Redwood City | ||
| Price | $4,197,431 CAD |
| Price Per Unit | $524,679 CAD |
| Sale Type | Investment |
| Cap Rate | 4.37% |
| Gross Rent Multiplier | 14.56 |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 7,040 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 1.14/1,000 SF |
| Zoning | R3, Redwood City |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Oven
- Tub/Shower
- Pantry
Site Amenities
- 24 Hour Access
- Controlled Access
- Recycling
- Smoke Free
- Storage Space
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1.5 | 8 | - | - |
1 1
Property Taxes
| Parcel Number | 055-031-370 | Improvements Assessment | $612,020 CAD |
| Land Assessment | $258,745 CAD | Total Assessment | $870,765 CAD |
Property Taxes
Parcel Number
055-031-370
Land Assessment
$258,745 CAD
Improvements Assessment
$612,020 CAD
Total Assessment
$870,765 CAD
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3212 Rolison Rd
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