116 Pine Street, REDWOOD CITY, CA 94063
San Mateo County
Key Facts
Listed By: Cornish & Carey Commercial - 6503222600
Listed By: Steve Zirelli
Description
Introducing 116 Pine St. in downtown Redwood City. The property features 10 fully renovated units (kitchens, baths, floors, doors, electrical, etc.) and offers three 2 bedroom 1 bathroom units and seven 1 bedroom 1 bathroom units. It sports an insanely desirable WalkScore of 94. Most importantly it is located one block from the 8 acre $600,000,000 Elko Yards development project. There's nothing but upside in this pocket of Redwood City and this investment provides solid returns immediately. Strong in-place RUBS. In close proximity to all the dining, shopping & entertainment amenities of Downtown Redwood City. Strategically located between San Francisco and San Jose, Redwood City continues to be one of the most dynamic and rapidly growing cities on the mid-Peninsula.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Year Built
1953
Living Area
6,300 sq ft
Garage Spaces
2
Parking Spaces
1
MLS® Listing#
ML82033415
Property Features
Cooling
Heating
Pool
Parking
Foundation
Roof
Sewer
Water Source
Financial Details
HOA
None
Annual Taxes
$38,462
Parcel Number
053-195-080
Affordability Calculator
$679,000
Estimated monthly payment
$18,070/mo
Principal $2,716,000 · Est. interest $3,789,062 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in REDWOOD CITY, CA
- $732,331
- Median Listing Price
- 50
- Median Days on Market
- 1,630
- Median Sq Ft
- $480
- Median Price / Sq Ft
- 2,046
- Active Listings
- This home’s price is 364% above the area median.
- Its price per sq ft is 12% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in REDWOOD CITY, CA.
Location
Points of Interest in REDWOOD CITY, CA
Showing the REDWOOD CITY area map.
Nearby Schools
Peninsula Christian School
School · 0.4 mi away
Hoover Elementary School
Elementary · 0.4 mi away
Peninsula Fencing Academy
School · 0.4 mi away
Hawes Elementary
Elementary · 0.7 mi away
Rocketship Redwood City Prep
Elementary · 0.7 mi away
Redwood City School District
Elementary · 0.7 mi away
North Star Academy
School · 0.8 mi away
McKinley Institute of Technology
Secondary School · 0.8 mi away
Redeemer School
Elementary · 0.8 mi away
Our Lady of Mount Carmel School
School · 0.9 mi away
Sequoia High School
Secondary · 0.9 mi away
Summit Preparatory Charter High School
Secondary · 0.9 mi away
Fair Oaks Elementary
Elementary · 0.9 mi away
Kipp Excelencia Community Prep
Elementary · 0.9 mi away
Connect Community Charter School
Elementary · 1.0 mi away
Beresford Montessori School
Elementary · 1.0 mi away
Orion Elementary School
Elementary · 1.0 mi away
Orion Alternative School
Elementary · 1.0 mi away
John Gill Elementary
Elementary · 1.0 mi away
Everest Public High School
Secondary · 1.1 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 101 King Street, REDWOOD CITY, CA | $2,398,888 | 4 | — | 1,660 |
| 101 King Street, Redwood City, CA | $2,398,888 | 4 | 3 | 1,660 |
| 101 King Street, Redwood City, CA | $2,398,888 | 4 | 3 | 1,660 |
| 12004 Briarvale Lane, Studio City, CA | $2,399,000 | 4 | 3 | 3,043 |
| 12834 Landale Street, Studio City, CA | $2,399,000 | 5 | 3 | 2,764 |
| 320 Center Street, REDWOOD CITY, CA | $2,399,000 | 3 | — | 1,446 |
Moving Cost Estimate
EXIT Agents in REDWOOD CITY
Based on information from the MLSListings MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright 2026 MLSListings Inc. All rights reserved.
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