Welcome to the Palm Park neighborhood in Redwood City, where you can own your first income property or expand your existing portfolio. Additionally, you can live in one unit while managing the other. Become both a homeowner and a landlord at the same time! This property offers strong lifestyle and investment potential in Redwood City. The versatile property features two spacious units with two bedrooms, one bathroom, and an attached one-car garage. The units share a long driveway; each garage has a washer, dryer, and additional storage space. The property is separately metered for water, gas, and electricity, making it ideal for owner-occupants who want to offset their mortgage with rental income or investors seeking a high-performing asset. This property has a proven rental history. It is just steps from Red Morton Park and minutes from shopping, schools, and downtown amenities. It is in one of the Peninsula's most stable investment neighborhoods.

MLS update as of 10/30/25 Gross rent figures shown include the previous rent paid by the past tenant of the vacant unit#2. Financial breakdown by unit is shown in the MLS but it's missing the 5th unit. This 5 unit residential opportunity is mostly occupied with only one unit empty and located in Hayes Valley. It's just a short walk from everything that this vibrant neighborhood has to offer including fantastic restaurants, transportation, the Lower Haight and Market St just to mention a few. The property is a mix of unit sizes with 1 bedroom and Jr 1 bedroom apartments. Most of the units have high ceilings, Large Living Rooms and Hardwood floors.