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2139 Alameda De Las Pulgas — Redwood City — 3 Beds • 2 Baths • 1,650 Sq Ft | Belmont Brokerage | Belmont Brokerage

ActiveUnderContract

$6,000,000

61 DOM

$3,636/sqft3 bd2 ba1,650 sqft

Call

2139 Alameda De Las Pulgas Redwood City, CA 94061

28,080sqft lot

Outstanding development opportunity in Redwood City on over half an acre. Includes two parcels: 2139 Alameda De Las Pulgas (13,163) and the vacant lot next door 069-291-460 (14,917) for a combined total square footage of 28,080. Parcels to be sold together. Many multi-million dollar homes sold in the neighborhood. Well maintained existing home on property with pool.

MLS ML82023715

(650) 789-8470 (Office) 650-888-7899 (Cell) diane.chesler@theagencyre.com

Est. payment

$38,339/mo

Principal & interestTaxesInsurance

$30,339$6,250$1,750

Down %

Rate %

Years

Down payment: $1,200,000 · Total cost: $12,122,135

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$38,339/mo

Principal & interest: $30,339
Est. property tax: $6,250
Est. insurance: $1,750
Down payment: $1,200,000

Est. gross rent$25,000/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-13,339/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	Oct 3, 2025	$6,500,000	—

Facts & Features

Transaction Data

▼Price Reduced from $6,500,000 (−$500,000)

Close DateApr 30, 2026

Structure & Property

Year Built1953

Garage Spaces2

(650) 789-8470 (Office) 650-888-7899 (Cell) diane.chesler@theagencyre.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

2139 Alameda De Las Pulgas, Redwood City, CA 94061

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Call

2139 Alameda De Las Pulgas Redwood City, CA 94061

About this home

Diane Chesler

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Diane Chesler

Sale & Tax History

No Recent Sales History

Location

2139 Alameda De Las Pulgas, Redwood City, CA 94061

About This Property

Property Photos

Location

Listing Agent

Presented by Belmont Brokerage Inc.

2139 Alameda De Las Pulgas Redwood City, CA 94061

About this home

Diane Chesler

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Diane Chesler

Sale & Tax History

No Recent Sales History

Location