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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

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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.

Property Facts

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 - -

Property Taxes

Property Taxes

Parcel Number
055-031-370
Land Assessment
$258,745 CAD
Improvements Assessment
$612,020 CAD
Total Assessment
$870,765 CAD
  • Listing ID: 39256488

  • Date on Market: 2026-01-29

  • Last Updated:

  • Address: 3212 Rolison Rd, Redwood City, CA 94063

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