2804 Curtis Avenue, Redwood City, California 94063, Redwood City, 94063 - 0 bed, 0 bath
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Redwood City, California 94063
Analysis of 2804 Curtis Avenue, Redwood City, California 94063 reveals a property with a current list price of $1,498,000, which is 27% above the estimated $1,175,316 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2804 Curtis Avenue Subject | $1,450,000 | 0 | 0 | 2,080 | $565 | - |
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 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 The kitchen features outdated wood cabinets, white appliances, and linoleum flooring, while the bathroom has an older vanity, basic fixtures, and dated tile.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 It is livable but clearly outdated.
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.
Redwood City's high median home price ($1.87M) fuels robust rental demand, ensuring consistent occupancy and income potential for this multifamily property.
As a four-unit multifamily property (quadruplex), it provides diversified rental income streams, making it an attractive investment.
Built in 1955, the property may require significant capital expenditures for system upgrades, deferred maintenance, or modernization to meet current tenant expectations.
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.
The description does not mention recent interior renovations, suggesting units may be dated and require updates to maximize rental value and attract premium tenants.
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.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,080 | 2,430 | 17% |
| Lot Size | 5,000 | 5,453.5 | 50% |
| Price | $1.45M | $1.40M | 50% |
| Price per sq ft | $697 | $567 | 67% |
| Built year | 1955 | 1961 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 391 | 264 | 0% |
No pricing history data available.