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1450-1480 Hess Road, Redwood City
Redwood City, CA Palm Park

$8,500,000 USD

Multifamily For Sale • 12,275 SF

2 Properties View all

Property Details

Property Type Multifamily
Cap Rate 4.61 %

30 Transit Score

60 Walk Score

                
                    Highlights
                
                                Roof: Sloped, Comp Shingles
                            
                                Two Laundry Rooms: Owned, Coin-Operated Machines
                            
                                Individually Metered for Electric and Gas
                            
                                Subpanels: Siemans, Circuit Breakers
                            
                                SB-721 & Contractor and Termite Report: Both on File and Available by Request
                            
                                Parking: 4 Enclosed Garages; 17 Carports

Property Flyers

1450 Hess Rd

Financial Summary (Actual)

Net Operating Income: $391,599 USD (2025)

Cap Rate:	4.61 %
Total Expenses:	$258,902 USD

Public Transportation

Commuter Rail	Drive	Walk	Distance
	5 min	-	1.7 mi
	8 min	-	3.1 mi
Airport	Drive	Walk	Distance
San Francisco International	24 min	-	16.1 mi
Norman Y Mineta San Jose International	28 min	-	20.1 mi
Metro Oakland International	42 min	-	31.8 mi

Nate Gustavson 415-786-9410 Compass Commercial

1450-1480 Hess Road, Redwood City Redwood City, CA Palm Park