1523 Virginia Avenue, Redwood City, California 94061, Redwood City, 94061 - 3 bed, 1 bath
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Redwood City, California 94061
This Well-Maintained Redwood City Residence is a Prime Investment Opportunity, listed at $1,700,000—positioned well below the $1,743,429 Fair Market Value by 2%. This valuation gap offers $43,429 in Instant Equity for incoming buyers. The property maintains a Condition Rating of 3, featuring gleaming hardwood floors and an updated bathroom with a jetted tub. Situated on an expansive 6,600 sqft lot near top-rated Roy Cloud Elementary, it balances immediate comfort with significant expansion potential. This is an ideal match for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1523 Virginia Avenue Subject | $1,700,000* List Price | 3 | 1 | 1,090 | $1,599 | - |
A 1638 Anamor Street Sold | $2,125,000 | 3 | 1 | 1,370 | $1,551 | 0.2 mi |
B 2504 Hastings Avenue Sold | $1,800,000 | 3 | 1 | 1,310 | $1,374 | 0.6 mi |
C 1159 Chesterton Avenue Sold | $1,750,000 | 3 | 1 | 1,120 | $1,563 | 0.6 mi |
D 1331 Norman Street Sold | $1,630,000 | 2 | 1 | 1,070 | $1,523 | 0.7 mi |
E 2054 Palm Avenue Sold | $2,020,000 | 3 | 2 | 1,450 | $1,393 | 0.1 mi |
F 1103 Connecticut Drive Sold | $1,900,000 | 3 | 2 | 1,250 | $1,520 | 0.5 mi |
G 2825 Washington Avenue Pending | $1,825,000 List Price | 3 | 1 | 1,120 | $1,629 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition and has been well-maintained. Key highlights include a fully updated bathroom with a modern stall shower and jetted tub, as well as well-preserved hardwood flooring and floor-to-ceiling windows. While the kitchen features older cabinetry and vinyl flooring, it remains functional and clean. The exterior, landscaping, and major systems appear to be in good shape, requiring no immediate renovations for occupancy.
The property sits on an expansive 6,500+ square foot lot, providing significant outdoor space for entertaining, gardening, and potential future expansion in a high-demand neighborhood.
The home boasts high-quality finishes including gleaming hardwood floors, floor-to-ceiling windows, and a modernized bathroom featuring a luxurious jetted tub and stall shower.
Ideally situated with easy access to major commute corridors and the vibrant downtown Redwood City area, offering a convenient lifestyle near top-tier dining, shopping, and entertainment.
With three bedrooms but only one bathroom, the layout may pose functional challenges for families or guests, which is a common drawback for modern buyer expectations.
At 1,090 square feet, the living space is relatively small for a three-bedroom home, potentially resulting in tighter room dimensions and limited storage capacity.
Welcome to this charming home located in a highly sought after neighborhood in Redwood City. Situated on a large, 6,500+ lot, this inviting residence offers 1,090 square feet of well configured living space, featuring three bedrooms, a formal dining room, spacious kitchen, and updated bath. Gleaming hardwood floors, warm paint colors, and bright rooms with large windows create a warm and low-maintenance environment. The light-filled kitchen is equipped with a gas range and cozy eat-in area - creating an intimate space for cooking and entertaining. Enjoy meals in the formal dining room, with French doors leading to the large back yard, with fruit trees and low maintenance landscaping, perfect for gatherings and special occasions. The updated bathroom features a stall shower, tile finishes, and a luxurious tub with jets for relaxation. The living room features floor to ceiling windows, hardwood floors, and a wood burning fireplace, adding character and warmth. Situated close to shopping, commute corridors, and the award winning shops, theaters, and restaurants of downtown Redwood City, this home offers a practical and comfortable lifestyle opportunity in a vibrant community. Don't miss the chance to make this lovely property your own.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 5-8 • 0.3 mi
Grades K-8 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 18% |
| Square foot | 1,090 | 1,707.5 | 12% |
| Lot Size | 6,600 | 6,226.5 | 58% |
| Price | $1.70M | $2.20M | 14% |
| Price per sq ft | $1.6K | $1.3K | 81% |
| Built year | 1952 | 1953 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 44 | 142 | 14% |
Mar 25, 2026
$1,700,000
$1,775,000
-4% Price Drop
Initial Listing
Mar 9, 2026
$1,775,000
Initial Listing
Jun 26, 2008
$245,500
Public Record
Aug 24, 2000
$510,000
Public Record