Compass Commercial is pleased to welcome you to The Oak Court Apartments, a rare twenty (20) unit multifamily investment opportunity ideally situated in the heart of Redwood City. Priced at $6,250,000, this well-maintained property spans two adjacent parcels and features a highly desirable unit mix: eighteen (18) spacious 1-bedroom/1-bath units, one (1) 3-bedroom/2-bath unit with a private patio, and one efficient studio unit. The buildings offer a combined 11,600 square feet of rentable space on a 19,190-square-foot lot, with attractive amenities including a secured fenced-in pool, owned coin-operated laundry facilities, and twenty (20) on-site parking spaces (19 covered). Constructed in 1956 and thoughtfully updated over time—including a new roof in 2017—The Oak Court Apartments provide residents with comfortable living and convenient access to nearby essentials. Just minutes from El Camino Real, Woodside Road, and major retailers like Target, Safeway, and Costco, the location is also close to parks and top-rated schools, including Roosevelt Elementary and Woodside High. Each unit is individually metered for gas and electricity, adding efficiency and flexibility for future management. With a strong in-place income of over $548,000 annually, a 5.50% current cap rate, and attractive rental upside potential, this turnkey asset is perfect for both seasoned investors and 1031 exchange buyers. This offering represents a rare chance to acquire a stabilized property in a prime Peninsula location with long-term growth prospects.