
Redwood City, California 94063
This Quadruplex Residential Income Asset represents a High-Potential Investment Opportunity, listed at a List Price of $2,030,000, which aligns with the $2,030,000 Fair Market Value. Featuring a Mint Condition Rating following extensive capital improvements—including a new silicone-sealed roof, updated electrical, and new windows—this property offers a turnkey, low-maintenance profile. The inclusion of permitted plans for a garage-to-ADU conversion provides a clear path to significant additional monthly revenue. This stable, high-demand Peninsula asset is an ideal acquisition for Buy-and-Hold Investors or Portfolio Managers seeking immediate, reliable rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2916 Curtis Avenue Subject 0 bd · 0 ba · 4,292 sqft · $473 | $2,030,000* List Price | 0 | 0 | 4,292 | $473 | - |
A 341 Dumbarton Avenue Active 0 bd · 0 ba · 3,086 sqft · $518 · 0.1 mi | $1,599,800 List Price | 0 | 0 | 3,086 | $518 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1971, the property has undergone significant recent capital improvements within the last few years, including a new silicone-layered roof, new electrical panels, new windows, and a new 75-gallon hot water heater. Interior units feature new flooring and fresh paint, and the crawlspace has been professionally cleaned, qualifying it as a high-quality renovation in mint condition.
The property includes plans for a garage-to-ADU conversion that could generate an additional $4,200 in monthly income, offering a clear path to increased yield.
Recent upgrades including a silicone-sealed roof, new windows, updated electrical panels, and safety-compliant balcony railings ensure a low-maintenance, turnkey asset for investors.
Situated in a high-demand Peninsula submarket, the property features a balanced mix of one and two-bedroom units that cater to a wide range of tenants, supporting stable occupancy.
The assigned elementary and middle schools carry low ratings (2/10 and 3/10), which may limit the property's appeal to families and impact long-term tenant retention.
With 78 days on the market, the property has exceeded the typical velocity for the Redwood City area, potentially indicating that the list price is testing the upper limits of market value.
2916 Curtis Avenue offers a rare opportunity to acquire a well located four unit apartment building in one of the Peninsulas most consistently strong rental markets with an option to convert the garage into an ADU that could bring $4200 per month in additional income. The property features three 2 bedroom, 1 bath units and one 1 bedroom, 1 bath unit, providing a balanced mix of floor plans that appeal to a wide range of tenants that supports stable occupancy. The property has recently undergone a significant amount of capital improvements including Roof upgrade, sealed with silicone layers | New washer dryer in laundry room with PayRange digital payment system | New 75 gallon, triple braced hot water heater | Fresh paint on building exterior, garage interior | New windows | New electrical panels, moved to hallways from bedroom closets | Raised height of balcony walkway railings to 42 inches, closed off openings, and added handrails | New carpet in units two, three, and four | Crawlspace cleaned out and emptied | As-built existing and proposed four bedroom garage conversion ADU accessory dwellings unit drawings made. These upgrades make the property especially appealing to an investor seeking a low maintenance, easy to manage asset
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 1.0 mi
Grades K-8 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 4,292 | 2,626.533 |
| Lot Size | 5,000 | 7,207.667 |
| Price | $2.03M | $1.76M |
| Price per sq ft | $473 | $669 |
| Built year | 1971 | 1959 |
| HOA | $0 | $0 |
| Days on market | 94 | 56 |
Jul 22, 2026
$2,030,000
Initial Listing
May 5, 2017
$1,530,000
Public Record