2520 Jefferson Avenue, Redwood City, California 94062, Redwood City, 94062 - 1 bed, 1 bath
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2520 Jefferson Avenue
Redwood City, California 94062
ACTIVE UNDER CONTRACT
CONDITION: FAIR
1Beds
1Baths
950Sq Ft
5,468Lot Size
Property Price
LIST PRICE$1,200,000
EST. MARKET VALUE
$1,084,535
10% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $1,200,000—positioned well above the $1,084,535 Fair Market Value by -10%. While the pricing reflects the premium Redwood City location, the Condition Rating of 4 indicates a need for modernization of the 1924 infrastructure. The 5,468 sqft lot offers significant value-add potential for expansion. With proximity to John Gill Elementary and major commute routes, this is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking a renovation project.
Estimated Market Value
$1,084,535
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 |
|---|---|---|---|---|---|---|
★ 2520 Jefferson Avenue Subject 1 bd · 1 ba · 950 sqft · $1,142 | $1,200,000* List Price | 1 | 1 | 950 | $1,142 | - |
A 2930 Jefferson Avenue Sold 3 bd · 2 ba · 1,210 sqft · $1,083 · 0.2 mi | $1,310,000 | 3 | 2 | 1,210 | $1,083 | 0.2 mi |
B 2614 Jefferson Avenue Active Under Contract 2 bd · 1 ba · 940 sqft · $1,330 · 0.0 mi | $1,250,000 List Price | 2 | 1 | 940 | $1,330 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property is 100 years old and, while well-maintained with fresh paint and refinished hardwood floors, the kitchen and bathroom are significantly dated (30+ years). The presence of a wall heater indicates older HVAC systems, and the overall interior requires modernization to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Peninsula Location
Situated in a highly desirable Redwood City corridor, the property offers exceptional access to downtown dining, shopping, and major Silicon Valley commute routes.
- Significant Value-Add Potential
With a 5,468 sqft lot and a modest existing structure, this property presents a rare opportunity for expansion, renovation, or a complete rebuild in a premium neighborhood.
- Proximity to Schools
The home is conveniently located within walking distance to John Gill Elementary (0.16 miles) and offers access to well-regarded local schools like the highly-rated Roy Cloud.
CONSRISKS & DEFICIENCIES
- Limited Living Space
At only 950 square feet with a 1-bedroom, 1-bathroom configuration, the current layout is restrictive for families or those requiring more interior functional space.
- Century-Old Infrastructure
Built in 1924, the property likely requires substantial modernization of its core systems and structural elements to align with contemporary building standards.
About 2520 Jefferson Avenue
Timeless Appeal. Exceptional Location. Endless Possibilities. Welcome to 2520 Jefferson Avenue, where comfort, convenience, and the charm of Redwood City living come together. Set along one of Redwood City's established residential corridors, this property offers an inviting opportunity to enjoy the best of Peninsula living. Its desirable location offers convenient access to downtown Redwood City's vibrant restaurants, shopping, entertainment, and everyday amenities, while connecting to major commute routes and neighboring Silicon Valley communities. Whether enjoying quiet moments at home, gathering with family and friends, or exploring everything the surrounding Peninsula has to offer, 2520 Jefferson Avenue presents an opportunity to create a lifestyle that is both comfortable and connected. A wonderful place to call home in the heart of the Peninsula.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1924
- Lot Size
- 5,468 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Redwood City Unified Schools
John Gill Elementary School
Grades K-5 • 0.2 mi
6/10
Hawes Elementary School
Grades K-5 • 0.5 mi
4/10
Roosevelt Elementary School
Grades K-8 • 0.5 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 3.5 |
| Baths | 1.0 | 2.5 |
| Square foot | 950 | 1,645.2 |
| Lot Size | 5,468 | 6,674.304 |
| Price | $1.20M | $2.26M |
| Price per sq ft | $1.3K | $1.3K |
| Built year | 1924 | 1952 |
| HOA | $0 | $281 |
| Days on market | 4 | 35 |
Pricing History
Listed for Sale
Oct 20, 2026
$1,200,000
Initial Listing