Positioned in the heart of the Peninsula, 2451 Middlefield Rd, Redwood City, CA offers an exceptional opportunity to acquire an 18-unit multifamily investment property in a highly desirable Silicon Valley submarket. Priced at $6,650,000 with a projected CAP rate of over 3.7%, this asset delivers stable income with clear upside potential. The property features a well-balanced unit mix of ten (10) one-bedroom/one-bath units and eight (8) studios, along with eighteen (18) on-site parking spaces—a rare and valuable amenity in this area. Many of the units have been upgraded with modern kitchens and bathrooms. Located directly across from Costco Wholesale and just minutes from downtown Redwood City, the property benefits from excellent access to shopping, dining, and entertainment. Nearby Highway 101, El Camino Real, and the Caltrain provide easy commuting to major employment hubs such as Palo Alto, Menlo Park, and San Francisco.