1585 Union Avenue, Redwood City, California 94061, Redwood City, 94061 - 2 bed, 2 bath
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Redwood City, California 94061
This property represents a High-Potential Investment Opportunity with a List Price of $1,698,000—positioned well below the $1,753,821 Fair Market Value by 3%. This valuation gap offers $55,821 in Instant Equity. Featuring a Condition Rating of 4, the home offers significant upside through modernization. The R20000 Zoning and generous corner lot provide clear paths for ADU development or expansion. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project in a prime tech-centric location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1585 Union Avenue Subject | $1,698,000* List Price | 2 | 2 | 1,630 | $1,076 | - |
A 798 Hudson Street Sold | $1,498,000 | 2 | 2 | 1,268 | $1,181 | 0.8 mi |
B 1023 Roosevelt Avenue Sold | $2,120,000 | 3 | 3 | 1,766 | $1,200 | 0.6 mi |
C 754 Topaz Street Sold | $1,629,000 | 3 | 2 | 1,440 | $1,131 | 0.9 mi |
D 255 E Oakwood Boulevard Sold | $2,175,000 | 3 | 2 | 1,880 | $1,157 | 0.6 mi |
E 204 Park Street Sold | $1,675,000 | 4 | 2 | 1,450 | $1,155 | 0.6 mi |
F 936 Iris Street Sold | $1,500,000 | 2 | 1 | 1,120 | $1,339 | 0.7 mi |
G 2593 Hastings Avenue Sold | $1,900,000 | 4 | 2 | 1,930 | $984 | 0.9 mi |
H 1172 Woodrow Street Sold | $1,850,000 | 3 | 2 | 1,900 | $974 | 0.7 mi |
I 143 Bonita Avenue Active | $1,688,000 List Price | 2 | 1 | 1,490 | $1,133 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1936 and held by the same owner for 56 years, the home is a well-maintained 'vintage gem' but remains dated. While the kitchen has received cosmetic 'modernization' (painted cabinets and newer appliances), the overall age of the structure, bathrooms, and mechanical systems shown in the garage exceed the 20-year threshold for a higher rating and will require future updates.
The property sits on a generous corner lot zoned R20000, offering significant opportunities for home expansion, a duplex conversion, or the addition of an ADU.
Ideally situated in Woodside Acres midway between San Francisco and San Jose, providing central access to major Fortune 100 tech hubs and Silicon Valley employers.
This 1936 farmhouse retains rare 'Old World' character, featuring original crystal doorknobs, wall niches, picture railings, and timeless hardwood floors throughout.
On the market for the first time in 56 years, the home likely requires substantial updates to major systems and infrastructure to meet modern buyer expectations.
With only two bedrooms at a $1.698M price point, the property may face a smaller buyer pool compared to larger family homes in the surrounding Redwood City area.
On the market for the first time in 56 years, this 1936 vintage home in Woodside Acres, sits on a generous corner lot zoned R20000, offering a world of possibilities. Development Potential: Home expansion, create a duplex, or add an ADU. Prime Location: Midway between San Francisco and San Jose; central to Fortune 100 tech giants. Rare Opportunity: A vintage gem ready for its next chapter. Buyer to investigate to their own satisfaction. Behind flowering trees and a gated driveway is an eclectic farmhouse facade with archways, a tile walkway and an enclosed front porch. Old World charm begins at the front door with vintage light fixtures, crystal doorknobs, wall niches, picture railings, and timeless hardwood floors. Surprisingly spacious, the layout features a sunlit living room with fireplace and amber glass light fixtures, a family/dining room with parquet floor and wood stove, and a modernized kitchen with newly painted cabinets, appliances and a breakfast room with built-in buffet. Two bedrooms (including a suite), two baths, and a private office with garage access, complete the interior. Landscaped grounds include patios, lush lawns, colorful blooms, and fruit trees.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 0.8 mi
Grades 5-8 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,630 | 1,523.5 |
| Lot Size | 6,972 | 6,665 |
| Price | $1.70M | $2.23M |
| Price per sq ft | $1.0K | $1.3K |
| Built year | 1936 | 1951 |
| HOA | $0 | $0 |
| Days on market | 5 | 32 |
Jul 17, 2026
$1,698,000
Initial Listing