
Redwood City, California 94061
Analysis of 227 Madrone Street, Redwood City, California 94061 is currently available with a list price of $2,650,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Redwood City Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
Although built in 1950, the property has undergone significant capital improvements and extensive interior renovations within the past few years. Updates include modern kitchens with stainless steel appliances, renovated bathrooms, and an updated electrical system, placing it in the <5-year renovation category.
The property is ideally situated within walking distance to Downtown Redwood City and the Caltrain station, offering tenants seamless access to major employment hubs and high-end retail and dining.
Significant capital improvements, including updated kitchens with stainless steel appliances, renovated bathrooms, and upgraded electrical systems, provide a turnkey investment with reduced immediate CAPEX.
The combination of a single-family home and a three-unit apartment community with spacious two- and three-bedroom floor plans caters to a wide range of high-quality tenants in a competitive market.
Originally constructed in 1950, the property may require more frequent long-term maintenance of core structural and plumbing components compared to newer developments.
The local public schools carry average ratings (5-6), which may be a consideration for families specifically seeking the top-tier educational districts often found in neighboring Peninsula cities.
227 Madrone St is a stunning 3-unit apartment community with one single-family home located in the thriving city of Redwood City, California. Situated on a 7,500 square foot parcel of land, the subject property was originally constructed in 1950 and has a gross building area of approximately 4,268 square feet, offering its tenants beautifully designed three-bedroom and two-bedroom floor plans. 227 Madrone St has undergone significant capital improvements and updates in the past few years, including extensive interior renovations featuring updated kitchens, stainless steel appliances, renovated bathrooms, in-unit washers and dryers, and an updated electrical system. The subject property is located within walking distance to lively Downtown Redwood City, which offers tenants a myriad of high-end shopping, dining, and entertainment options. The Redwood City Caltrain Station, offering Baby Bullet service, is also within walking distance and provides an inexpensive, hassle-free commute to major employment and entertainment centers in San Francisco, the Peninsula, and the South Bay. In addition to excellent public transportation options, tenants enjoy easy access to U.S. Route 101, Interstate 280, the San Mateo-Hayward Bridge, and the Dumbarton Bridge.
No exterior & parking available.
Grades K-5 • 1.4 mi
Grades K-8 • 1.0 mi
Grades 5-8 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1950 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Jun 3, 2026
$2,650,000
Initial Listing
Oct 26, 2018
$2,375,000
Public Record