227 Madrone Street, Redwood City, California 94061, Redwood City, 94061 - 0 bed, 0 bath
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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.
While originally built in 1950, the property has undergone extensive interior renovations within the past few years, including updated kitchens with stainless steel appliances, renovated bathrooms, and an updated electrical system. These recent capital improvements align with the criteria for a high-quality renovation under 5 years old.
The property is ideally situated within walking distance to Downtown Redwood City and the Caltrain station, offering tenants unparalleled access to dining, shopping, and major Silicon Valley employment hubs.
Significant recent capital improvements, including updated kitchens with stainless steel appliances, renovated bathrooms, and in-unit laundry, provide a turnkey investment with reduced immediate maintenance needs.
The unique combination of a single-family home and a three-unit apartment building offers a versatile income stream and attracts a wide variety of tenant profiles, from families to young professionals.
Originally built in 1950, the property may present long-term maintenance challenges associated with older building envelopes and plumbing systems that fall outside the recent interior renovations.
With local school ratings ranging from 5 to 6, the property may face competition from nearby neighborhoods that offer access to higher-rated educational institutions for family-oriented renters.
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.
Jun 3, 2026
$2,650,000
Initial Listing
Oct 26, 2018
$2,375,000
Public Record