Development/Multi-Residential Investment Opportunity located in West of El Camino Real! 825-837 Adams is permitted (pursuant to the Redwood City General Plan) development of 3-4 story apartment development. Current rental rents allow the investors to maintain a revenue stream while applying for land-use and building permits. Currently, 2 Story, 7 unit (1bd/1ba units~some updated units) with laundry facility, storage units and covered/carport parking, conveniently located to El Camino Real, Whole Foods, Downtown Redwood City, Caltrain and Hwy 101. Located in the heart of Silicon Valley's thriving Redwood City that is one of the most sought-after rental markets in the country. The investment appeal of this asset is driven by an economically robust area with low vacancies and high demand for employment and housing. It is strategically located between San Francisco and San Jose with many major employers such as Google, Electronic Arts, Equinix, Facebook and More!