Parkside Apartments

Legacy West Partners acquired Parkside Apartments in June 2024. This property, located in Redwood City, CA, is a charming 18-unit, nearly 19,000 square foot multi-family building nestled within the affluent Bay Area. The property's prime location offers residents the convenience of urban living combined with the tranquility of a suburban setting. Our partners acquired this site with a vision to enhance and revitalize the property to reflect its full potential.

Key improvements included full replacement of exterior stucco, reframing and installing all new windows, modernizing plumbing and electrical systems, and upgrading building signage and laundry facilities. Interior spaces were revitalized with updated flooring, lighting, and fresh finishes in common areas. Landscaping was refreshed to elevate curb appeal, while unit interiors were systematically renovated as they turned over. Collectively, these improvements unlocked significant value and repositioned the property as a modernized, competitive offering in the Bay Area market.

As a result of these initiatives, Legacy West Partners achieved an increase of more than 60% in net operating income. Legacy West Partners sold this asset in September 2025.