300 Encina Avenue, Redwood City, California 94061, Redwood City, 94061 - 7 bed, 4 bath
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Redwood City, California 94061
This Multi-Unit Income Property is a High-Potential Investment Opportunity listed at $2,298,000, matching its $2,298,000 Fair Market Value. The estate comprises three modern, renovated units on an expansive 11,000 sqft lot, featuring a swimming pool and high-end finishes that earn a Condition Rating of 2. Located near the Atherton border with access to Menlo-Atherton High School, this turnkey asset provides immediate rental income potential. It is a strategic choice for Owner-Occupants seeking to offset mortgage costs or Buy-and-Hold Investors.
Property is new construction or fully renovated.
Despite being built in 1910, this property has undergone extensive, high-quality modern renovations across all three units. The description explicitly states 'modern and renovated units,' 'remodeled galley kitchen shines with white quartz counters, and top-of-the-line appliances,' and 'Two remodeled bathrooms... match function and style with dual sinks and custom designer tile.' The images confirm these updates, showcasing new white shaker cabinets, quartz countertops, stainless steel appliances, modern light fixtures, refinished oak floors, and stylishly remodeled bathrooms with contemporary tiles and fixtures. All components appear new or virtually new, meeting current quality standards with no deferred maintenance.
Features three modern, renovated units (main house + duplex) on a large lot, offering significant rental income opportunities for an owner-occupant or investor.
The main residence and cottages boast recent upgrades including remodeled kitchens with high-end appliances, updated bathrooms, refinished floors, and new paint, ensuring move-in readiness.
An expansive 11,000 sqft lot includes a spacious backyard with a swimming pool and pool half-bath, providing premium outdoor living and entertainment space.
Built in 1910, despite renovations, the underlying infrastructure of an older home may present unforeseen maintenance or upgrade costs in the future.
Listed since January 2022, the property's prolonged time on market could indicate pricing issues or other factors deterring potential buyers.
The description highlights numerous upgrades but does not specify a cooling system, which could be a significant comfort drawback during warmer months.
Opportunity knocks for this unique property featuring 3 modern and renovated units near the Atherton border. One main house & a duplex sit on an 11,000sf lot offer a perfect home for a new owner with rental income. The main residence, 300 Encina Ave features several upgrades including recessed lighting, refinished oak floors, upgraded hardware, and new interior & exterior paint. A remodeled galley kitchen shines with white quartz counters, and top-of-the-line appliances. Two remodeled bathrooms including a primary ensuite match function and style with dual sinks and custom designer tile. Spacious backyard includes a swimming pool with safety gate and a pool half-bath in the garage. The 2nd and 3rd cottages at 296 and 298 Encina Ave offer over 1500sf combined. Updated & ready for rental, both units feature 2BD/1BA with new kitchens, remodeled or upgraded bathroom, & private backyards with storage shed. Conveniently located to Woodside Road restaurants, grocery stores, and downtown RWC.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades K-8 • 0.5 mi
Grades 5-8 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 3.0 | 99% |
| Baths | 4.0 | 2.0 | 86% |
| Square foot | 3,186 | 1,715.5 | 95% |
| Lot Size | 11,000 | 6,226.5 | 91% |
| Price | $2.30M | $2.21M | 55% |
| Price per sq ft | $721 | $1.3K | 3% |
| Built year | 1910 | 1953 | 1% |
| HOA | $0 | $0 | 50% |
| Days on market | 1566 | 155 | 0% |
Jan 7, 2022
$2,298,000
Initial Listing