2804 Curtis Avenue, Redwood City, California 94063, Redwood City, 94063 - bed, bath
ACTIVE$1,618,000
2804 Curtis Avenue, Redwood City, California 94063
0Bed
0Bath
2,080Sqft
5,000Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income-Generating Quadruplex: As a 4-unit residential income property, it offers immediate cash flow and significant investment potential for an investor.
Top Cons:
Property Age: Built in 1955, the property is nearly 70 years old, which may imply potential for unseen deferred maintenance or the need for future major system replacements beyond the noted upgrades.
Compared to the nearby listings
Price:$1.62M vs avg $1.57M (+$43,000)57%
Size:2,080 sqft vs avg 2,476 sqft29%
Price/sqft:$778 vs avg $54586%
More Insights
Built in 1955 (70 years old).
Condition: Built in 1955, this property has undergone significant upgrades, including new exterior paint, new kitchen cabinets, new water heaters, and new windows in select units. The exterior images confirm a fresh, well-maintained appearance. While interior photos (especially of bathrooms and full kitchens) are not provided, the description of 'new kitchen cabinets' and 'new water heaters' indicates substantial and relatively recent renovations that make the units move-in ready and functional, aligning with the 'Good' condition criteria for a property of its age.
Year Built
1955
Close
-
List price
$1.62M
Original List price
$1.62M
Price/Sqft
$778
HOA
-
Days on market
-
Sold On
-
MLS number
ML81935467
Home ConditionGood
Features
View-
About this home
2804 Curtis Ave. is a 4 unit property located near Downtown Redwood City. The unit mix consists of (4) one bedroom / one bathroom. The property sits on a 0.11 acre (5,000 SqFt) lot. The property has had many upgrades including exterior paint, new kitchen cabinets, new water heaters and new windows in select units. Among the amenities are ample parking and its location, as it allows for easy access to points of interest in Downtown Redwood City. It is also located two blocks from the Middlefield Road Improvement Project. It has great rents day one with stable long-term tenants and significant upside. This is a tremendous opportunity for an investor to acquire a property with a low price point of entry in the heart of one of the communities that fuels the Silicon Valley.
Nearby schools
2/10
Fair Oaks Elementary School
Public,•K-5•0.4mi
3/10
Taft Elementary School
Public,•K-5•1.0mi
3/10
Garfield Elementary School
Public,•K-8•0.7mi
5/10
John F. Kennedy Middle School
Public,•5-8•1.8mi
6/10
Sequoia High School
Public,•9-12•1.7mi
7/10
Menlo-Atherton High School
Public,•9-12•2.3mi
6/10
Woodside High School
Public,•9-12•2.4mi
Condition Rating
Good
Built in 1955, this property has undergone significant upgrades, including new exterior paint, new kitchen cabinets, new water heaters, and new windows in select units. The exterior images confirm a fresh, well-maintained appearance. While interior photos (especially of bathrooms and full kitchens) are not provided, the description of 'new kitchen cabinets' and 'new water heaters' indicates substantial and relatively recent renovations that make the units move-in ready and functional, aligning with the 'Good' condition criteria for a property of its age.
Pros & Cons
Pros
Income-Generating Quadruplex: As a 4-unit residential income property, it offers immediate cash flow and significant investment potential for an investor.
Strategic Silicon Valley Location: Located near Downtown Redwood City and two blocks from the Middlefield Road Improvement Project, ensuring strong rental demand and potential for appreciation in a high-growth area.
Recent Capital Improvements: The property has undergone several upgrades including exterior paint, new kitchen cabinets, new water heaters, and new windows in select units, reducing immediate capital expenditure for a new owner.
Established Tenancy & Rent Upside: Boasts stable long-term tenants with 'great rents day one' and 'significant upside,' indicating reliable income and future growth potential.
Accessible Investment in High-Demand Market: Described as a 'low price point of entry' for a multi-unit property in the heart of Silicon Valley, making it an attractive opportunity for investors.
Cons
Property Age: Built in 1955, the property is nearly 70 years old, which may imply potential for unseen deferred maintenance or the need for future major system replacements beyond the noted upgrades.
Uniform Unit Mix: All four units are 1-bedroom/1-bathroom, which could limit tenant diversity or potential for higher per-unit income compared to properties with varied unit sizes.
Partial Renovation Scope: While specific upgrades are mentioned, the description does not detail comprehensive renovations of major building systems (e.g., full electrical, plumbing beyond water heaters, roofing), suggesting potential future capital expenditures.