736 Cedar Street offers a rare opportunity to acquire a well-located multifamily asset in the heart of the Peninsula. The well-maintained apartment building consists of eight (8) units, including four (4) two-bedroom, one-bathroom units and four (4) one-bedroom, one-bathroom units, providing an attractive unit mix for a broad tenant base. The property also features a newly completed 2025 Thermoplastic Polyolefin (TPO) roof, upgraded Square D main electrical service infrastructure, and 125-amp subpanels serving the units, helping minimize near-term capital expenditures and enhance long-term operational reliability. The property includes ten (10) on-site parking spaces, a dedicated laundry room with washer and dryer hookups, and three (3) large storage sheds currently utilized by tenants for additional storage space and convenience. Situated on an expansive double-wide approximately 10,000-square-foot lot, the property offers investors a unique opportunity to potentially add ADUs, creating additional longterm income potential and further enhancing overall property value in one of the Peninsula’s most supply-constrained rental markets.