2916 Curtis Avenue, Redwood City, California 94063, Redwood City, 94063 - 0 bed, 0 bath
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2916 Curtis Avenue
Redwood City, California 94063
ACTIVE
CONDITION: GOOD
0Beds
0Baths
4,292Sq Ft
5,000Lot Size
Property Price
LIST PRICE$2,030,000
EST. MARKET VALUE
$1,799,652
12% AboveMARKET VALUE
SUMMARY
This Quadruplex Residential Income Asset is a High-Potential Investment Opportunity, listed at $2,030,000—positioned above the $1,799,653 Fair Market Value. Despite the premium, the property features a Condition Rating of 3 with significant recent capital improvements, including a new silicone-sealed roof and updated electrical. The inclusion of architectural drawings for a garage-to-ADU conversion provides a clear path to increasing yield. This stable, low-maintenance asset is ideal for Buy-and-Hold Investors or Portfolio Managers seeking immediate rental demand in the Peninsula market.
Estimated Market Value
$1,799,652
Based on Realkey algorithm analyzing recent comparable sales in Redwood City.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2916 Curtis Avenue Subject | $2,030,000* List Price | 0 | 0 | 4,292 | $419 | - |
A 306 Beech Street Sold | $2,150,000 | 0 | 0 | 5,972 | $360 | 0.9 mi |
B 557 Hampshire Avenue Pending | $1,500,000 List Price | 0 | 0 | 3,300 | $455 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1971, the property has undergone significant recent capital improvements (likely <5 years) including a new silicone-sealed roof, updated electrical panels, new windows, and a new 75-gallon water heater. With fresh exterior paint and new carpeting in most units, the building is well-maintained and move-in ready, though the lack of high-end kitchen/bath remodel details prevents an 'Excellent' rating.
PROSSTRENGTHS & OPPORTUNITIES
- Significant Value-Add Potential
The property includes architectural drawings for a garage-to-ADU conversion, offering a rare opportunity to generate an estimated $4,200 in additional monthly rental income.
- Extensive Capital Improvements
Recent upgrades including a silicone-sealed roof, new windows, updated electrical panels, and fresh paint ensure a low-maintenance, turnkey asset for investors.
- Strategic Unit Mix
The combination of three 2-bedroom units and one 1-bedroom unit caters to a diverse tenant pool in the high-demand Peninsula rental market, supporting stable occupancy.
CONSRISKS & DEFICIENCIES
- Low Local School Ratings
The assigned elementary and middle schools have lower ratings (2 and 3 respectively), which may limit the property's appeal to families seeking top-tier educational districts.
- Limited Outdoor Space
Situated on a 5,000-square-foot lot, the property offers minimal outdoor common space for tenants, a constraint that will be further amplified if the garage is converted into an ADU.
About 2916 Curtis Avenue
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
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1971
- Lot Size
- 5,000 Sq. Ft.
Interior
- Total Bedrooms
- 0
- 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
2/10
Taft Elementary School
Grades K-5 • 1.0 mi
3/10
Garfield Elementary School
Grades K-8 • 0.6 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 4,292 | 2,315.8 |
| Lot Size | 5,000 | 7,186.5 |
| Price | $2.03M | $1.70M |
| Price per sq ft | $473 | $707 |
| Built year | 1971 | 1956 |
| HOA | $0 | $0 |
| Days on market | 49 | 61 |
Pricing History
Listed for Sale
Jul 22, 2026
$2,030,000
Initial Listing
Sold
May 5, 2017
$1,530,000
Public Record