180 Flats 180 Flats in Redwood City is a 48-unit community that has recently undergone extensive renovations.

REDWOOD CITY, CA—Finding value doesn’t always mean value-add. At least that’s what a number of investors in the Bay Area are experiencing. With apartment demand rising, a vacancy rate near or below 4% and regional unemployment at its lowest level since late 1990s, many investors are investing in fully renovated core assets in core markets.