30 photos · MLS data verified October 9, 2026 · Updated every 15 min
$3,725,000
Active
0 Beds·0 Baths·9,246 sqft·11,300 sqft lot·Built 1960
138-140 Berkshire Ave, Redwood City, CA 94063
Listed 22 days ago · | MLS# ML82061752
$402/sqft
138-140 Berkshire Ave is a home in Redwood City 94063 with 9,246 square feet of living space, built in 1960. It is listed at $3,725,000, or $402 per square foot.
Est. $23,470/moP&I $19,328 · Tax $3,880 · Insurance $262 · HOA $0Assumes 20% down ($745,000) at 6.75% · Contact Timothy for a lender referralAegis Luxury Real Estate is a licensed California real estate brokerage (DRE# 01328224) and is not a mortgage lender, mortgage broker, or loan originator. The figures shown are estimates for general reference only and do not constitute a loan offer, pre-approval, pre-qualification, or commitment to lend. Estimates use a property tax rate of 1.25% of home price annually. Actual rates, payments, taxes, and insurance vary by lender and borrower qualifications. Contact Timothy for a referral to one of our preferred lending partners.
85Active in Redwood City
1.9 moInventory
Why This Home Stands Out
🏠
9,246 sqft
Built in 1960, 2-car garage.
Best fit forActive BuyersRedwood City SearchersMove-Up / Move-In
About 138-140 Berkshire Ave
Magnify is pleased to present 138-140 Berkshire Avenue, a rare opportunity to acquire two contiguous 5-unit buildings on separate APNs in Redwood City. Offered at a 6.4% in-place cap rate with over $28,000/month in rents, this well-maintained 10-unit offers strong current cash flow and value-add potential. The unit mix includes (4) 2BD/1BA and (6) 1BD/1BA units with spacious floor plans. Major improvements include new roofs (2023), upgraded electrical subpanels (2025), Square D main electrical disconnects, dual-pane windows, fresh exterior paint (2026), newer central water heaters, and a passing SB-721 inspection. Two oversized rear garages provide valuable off-street parking and potential ADU conversion. Additional upside includes potential for new-construction ADUs on the 138 Berkshire parcel, subject to zoning and permitting. Located in a core Peninsula location less than 1 mile from the Atherton border, the property offers convenient access to Highway 101, Downtown Redwood City, Caltrain, and major employers. As an unincorporated property, it is also outside the City of Redwood City's jurisdiction and current rent control ordinance (buyer to verify). Strong in-place income and multiple avenues for future expansion make 138-140 Berkshire an attractive Peninsula investment.
MLS ID #ML82061752, David Katz. Listing provided by Magnify Real Estate · MLSListings Inc.
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Property Details for 138-140 Berkshire Ave
Overview
- Property Type
- FiveOrMoreUnits
- Year Built
- 1960
- Bathrooms
- 0 Full
- Living Area
- 9,246 sqft
- Lot Size
- 11,300 sqft (0.26 acres)
- Price/sqft
- $402
- Status
- Active
Interior
- Heating
- Wall furnace
- Cooling
- None
- Laundry
- Coin operated
Exterior and Parking
- Garage
- Garage, 2 spaces
- Roof
- Composition, Shingle
- Foundation
- Pillar post pier, Wood frame
- Zoning
- R300 s5
Community and HOA
- Utilities
- Public, Water public
- County
- San Mateo
- City
- Redwood City
Schools
- School District
- Redwood City Elementary
- Redwood City Schools
- View Redwood City schools
Listing
- MLS Number
- ML82061752
- Listed
- September 17, 2026
- Days on Market
- 22
- Listing Agent
- David Katz
- Listing Brokerage
- Magnify Real Estate
- Data Verified
- October 9, 2026
Source: MLSListings Inc. School attendance boundaries are set by the district and can change; verify directly with the district.
Free from Aegis · Updated for October 2026
Three Redwood City Reports the Listing Does Not Give You
📄Redwood City Market ReportFree 9-page PDF with bedroom breakdowns, comp data and pricing trends, updated monthly.Email Me the Report →📋Redwood City Buyer BriefA personalized brief with comp data, offer strategy and neighborhood context.Email Me the Report →🎯Redwood City Offer StrategyComp analysis and bid recommendations before you write an offer on this home.Email Me the Report →
Location
138-140 Berkshire Ave, Redwood City, CA 94063 · San Mateo County
Market Context
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Get My Offer Range →Frequently Asked Questions
Listed at $3,725,000 ($402/sqft).
Listed September 17, 2026. That is 22 days on market as of October 9, 2026.
Est. $23,470/mo with 20% down ($745,000) at 6.75%. That is principal and interest $19,328, property tax $3,880 and insurance $262. The assumptions and lender disclosure are with the payment estimate at the top of this page.
There are 85 active listings in Redwood City.
Yes. As of October 9, 2026, 138-140 Berkshire Ave is an active listing at $3,725,000.
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Broker · DRE# 01328224 · Over 23 Years Experience
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Buyers
See 138-140 Berkshire Ave before the weekend
Listed 22 days ago.
Questions
Talk to Timothy directly
Timothy Alston, Broker, DRE# 01328224. Over 23 years in Silicon Valley real estate.
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