2804 Curtis Avenue, Redwood City, California 94063, Redwood City, 94063 - bed, bath
2804 Curtis Avenue
Redwood City, California 94063
Property Price
SUMMARY
Analysis of 2804 Curtis Avenue, Redwood City, California 94063 is currently available with a list price of $1,498,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1955, this quadruplex shows its age, particularly in the interior units. The kitchen features outdated wood cabinets, white appliances, and linoleum flooring, while the bathroom has an older vanity, basic fixtures, and dated tile. While functional and appearing maintained, the property has not undergone significant modern renovations in the last 20-30 years, requiring substantial updates to meet current aesthetic and functional standards. It is livable but clearly outdated.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic Location
Positioned between San Francisco and San Jose, near Downtown Redwood City and the revitalized Middlefield Road, offering excellent access to major employment hubs and local amenities.
- Strong Rental Market
Redwood City's high median home price ($1.87M) fuels robust rental demand, ensuring consistent occupancy and income potential for this multifamily property.
- Income-Generating Quadruplex
As a four-unit multifamily property (quadruplex), it provides diversified rental income streams, making it an attractive investment.
CONSRISKS & DEFICIENCIES
- Property Age & Condition
Built in 1955, the property may require significant capital expenditures for system upgrades, deferred maintenance, or modernization to meet current tenant expectations.
- Limited Unit Mix/Size
Consisting solely of four 1-bedroom/1-bathroom units, the property's unit mix and relatively small size may limit the potential tenant pool and rental income ceiling.
- Potential for Interior Updates
The description does not mention recent interior renovations, suggesting units may be dated and require updates to maximize rental value and attract premium tenants.
About 2804 Curtis Avenue
The Azucena Group presents 2804 Curtis Ave. is a four-unit multifamily property near Downtown Redwood City. The unit mix consists of (4) 1 bedroom and 1 bathroom units. The property offers ample parking and a prime location, providing easy access to the key attractions of Redwood City. It's also located two blocks from Middlefield Road, which has developed a community and undergone a significant urban renewal project, including road improvements and utility upgrades. Strategically located between San Francisco and San Jose, Redwood City is a highly desirable destination for both investors and residents. Surrounded by new development, Redwood City continues to grow its economic and employment base ensuring long term rent growth and appreciation. With a median home price exceeding $1.87 million (as of March 2025), homeownership remains out of reach for most, fueling strong rental demand.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1955
- Lot Size
- 5,000 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Redwood City Unified Schools
Fair Oaks Elementary School
Grades K-5 • 0.4 mi
Taft Elementary School
Grades K-5 • 1.0 mi
Garfield Elementary School
Grades K-8 • 0.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 2,080 | 2,476 | 29% |
| Lot Size | 5,000 | 5,907 | 43% |
| Price | $1.45M | $1.45M | 50% |
| Price per sq ft | $697 | $545 | 71% |
| Built year | 1955 | 1961 | 29% |
| HOA | $0 | $0 | 50% |
| Days on market | 345 | 192 | 0% |
Pricing History
No pricing history data available.