2804 Curtis Avenue, Redwood City, California 94063, Redwood City, 94063 - 0 bed, 0 bath
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Redwood City, California 94063
This Income-Generating Quadruplex represents a strategic asset in the heart of Silicon Valley, currently listed at $1,618,000. While priced above the $1,306,071 Fair Market Value, the property offers significant rental upside and immediate cash flow from stable, long-term tenants. The building maintains a Condition Rating of 3 following recent capital improvements, including New Kitchen Cabinets, New Water Heaters, and fresh Exterior Paint. Located near the Middlefield Road Improvement Project and Sequoia High School, this asset is perfectly positioned for Buy-and-Hold Investors or Portfolio Managers targeting high-growth submarkets.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2804 Curtis Avenue Subject | $1,618,000* List Price | 0 | 0 | 2,080 | $628 | - |
A 301 Pacific Avenue Sold | $1,350,000 | 0 | 0 | 2,476 | $545 | 0.0 mi |
B 307 Pacific Avenue Sold | $1,350,000 | 0 | 0 | 2,478 | $545 | 0.1 mi |
C 344 Buckeye Street Active | $1,295,000 List Price | 0 | 0 | 1,921 | $674 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
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.
As a 4-unit residential income property, it offers immediate cash flow and significant investment potential for an investor.
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.
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.
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.
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.
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.
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.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 1.0 mi
Grades K-8 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 2,080 | 2,590 |
| Lot Size | 5,000 | 8,986.5 |
| Price | $1.62M | $1.79M |
| Price per sq ft | $778 | $755 |
| Built year | 1955 | 1954 |
| HOA | $0 | $0 |
| Days on market | 1099 | 65 |
Jul 19, 2023
$1,618,000
Initial Listing