240 Berkshire Avenue, Redwood City, California 94063, Redwood City, 94063 - 3 bed, 1 bath
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Redwood City, California 94063
Analysis of 240 Berkshire Avenue, Redwood City, California 94063 is currently available with a list price of $1,195,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. 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 Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
Built in 1925 (99 years old) with no significant renovations noted. The listing explicitly markets the property as an investment opportunity for multi-family development on a 10,000 sq. ft. lot. Interior photos show a very basic, dated bathroom, and the exterior structures appear to be in original or dilapidated condition, suggesting the primary value is in the land.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10000, living area = 1180.
The property features a massive 10,000 square foot flat lot with 100 feet of frontage and dual street access from Berkshire and First Avenue, offering prime opportunities for multi-family development or subdivision.
The inclusion of a three-bedroom main house plus a detached living unit provides immediate flexibility for rental income, multi-generational living, or a home office setup.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =10000, other record lot size in square feet = 9779.
Built in 1925 with only one bathroom for three bedrooms, the existing structures likely require significant capital investment for modernization or a complete teardown.
The assigned elementary and middle schools have low performance ratings (2 and 3 respectively), which may limit the property's appeal to families prioritizing top-tier public education.
Prime investment opportunity for this 10,000 square foot flat lot with 100 feet of frontage. Great development potential for multi-family or the chance to renovate the 3 bedroom, 1 bathroom home & detached living unit. The back of the property fronts First Avenue. Buyer to confirm with the County any and all development and building potential.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.9 mi
Grades K-8 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,180 | 1,523.5 |
| Lot Size | 10,000 | 6,665 |
| Price | $1.20M | $2.23M |
| Price per sq ft | $1.0K | $1.3K |
| Built year | 1925 | 1951 |
| HOA | $0 | $0 |
| Days on market | 27 | 32 |
Jun 25, 2026
$1,195,000
Initial Listing
Dec 29, 1999
$269,500
Public Record