1612 Redwood Avenue, Redwood City, California 94061, Redwood City, 94061 - 0 bed, 0 bath
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1612 Redwood Avenue
Redwood City, California 94061
ACTIVE
CONDITION: FAIR
0Beds
0Baths
1,628Sq Ft
4,989Lot Size
Property Price
LIST PRICE$1,325,000
EST. MARKET VALUE
$1,217,625
8% AboveMARKET VALUE
SUMMARY
This duplex presents a Strong Value Opportunity with a List Price of $1,325,000—positioned well below the $1,217,625 Fair Market Value by -8%. Featuring a Condition Rating of 4, this Residential Income asset offers significant potential for value-add renovations to modernize aging systems. The Prime Westside Location and Enhanced Privacy Layout with detached garages provide a competitive edge in the rental market. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through rental income.
Estimated Market Value
$1,217,625
Based on Realkey algorithm analyzing recent comparable sales in Redwood City.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1612 Redwood Avenue Subject | $1,325,000* List Price | 0 | 0 | 1,628 | $748 | - |
A 114 Bonita Avenue Sold | $1,250,000 | 0 | 0 | 2,025 | $617 | 0.8 mi |
B 1318 Hudson St Sold | $1,400,000 | 0 | 0 | 1,749 | $800 | 0.5 mi |
C 1104 Ebener Street Sold | $1,595,000 | 0 | 0 | 2,080 | $767 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1951, this property is significantly aged. The provided bathroom image shows functional but dated finishes, including older tile work and a basic vanity that appear to be over 20 years old. While the unit is move-in ready for tenants, it lacks modern updates to the kitchen and baths and will require cosmetic and system refreshes to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Westside Location
Situated in the highly desirable Westside of Redwood City, this property offers excellent proximity to local amenities and strong long-term appreciation potential in a high-demand area.
- Enhanced Privacy Layout
The units are strategically separated by garages, which minimizes shared walls and provides a quieter, more private living experience for occupants compared to standard duplexes.
- Income Generation Potential
As a residential income duplex in a robust rental market, this property presents a versatile opportunity for investors or owner-occupants looking to offset their mortgage.
CONSRISKS & DEFICIENCIES
- Vintage Construction
Built in 1951, the property may require significant capital improvements or modernization to address aging systems and meet contemporary aesthetic standards.
- Restricted Initial Access
The 'do not disturb occupants' requirement and limited descriptive details suggest potential challenges in conducting immediate, thorough inspections and due diligence.
About 1612 Redwood Avenue
Great Westside Redwood City Location! Garages separate the units. Do not disturb occupants.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1951
- Lot Size
- 4,989 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Redwood City Unified Schools
Hawes Elementary School
Grades K-5 • 0.4 mi
4/10
Henry Ford Elementary School
Grades K-5 • 0.8 mi
5/10
John F. Kennedy Middle School
Grades 5-8 • 0.5 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,628 | 2,315.8 |
| Lot Size | 4,989 | 7,186.5 |
| Price | $1.32M | $1.70M |
| Price per sq ft | $814 | $707 |
| Built year | 1951 | 1956 |
| HOA | $0 | $0 |
| Days on market | 9 | 61 |
Pricing History
Listed for Sale
Aug 31, 2026
$1,325,000
Initial Listing