300 Encina Avenue, Redwood City, California 94061, Redwood City, 94061 - 7 bed, 4 bath
300 Encina Avenue
Redwood City, California 94061
Property Price
SUMMARY
Analysis of 300 Encina Avenue, Redwood City, California 94061 reveals a Fairly Priced Property with a current list price of $2,298,000 aligned with the estimated $2,298,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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.
Estimated Market Value
Condition Analysis
OVERALL CONDITION SCORE
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.
PROSSTRENGTHS & OPPORTUNITIES
- Income-Generating Potential
Features three modern, renovated units (main house + duplex) on a large lot, offering significant rental income opportunities for an owner-occupant or investor.
- Extensive Modern Renovations
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.
- Generous Lot with Pool
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.
CONSRISKS & DEFICIENCIES
- Property Age
Built in 1910, despite renovations, the underlying infrastructure of an older home may present unforeseen maintenance or upgrade costs in the future.
- Extended Market Time
Listed since January 2022, the property's prolonged time on market could indicate pricing issues or other factors deterring potential buyers.
- Absence of Cooling System Mention
The description highlights numerous upgrades but does not specify a cooling system, which could be a significant comfort drawback during warmer months.
About 300 Encina Avenue
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1910
- Lot Size
- 11,000 Sq. Ft.
Interior
- Total Bedrooms
- 7
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Redwood City Unified Schools
Henry Ford Elementary School
Grades K-5 • 1.1 mi
Selby Lane Elementary School
Grades K-8 • 0.5 mi
John F. Kennedy Middle School
Grades 5-8 • 1.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 3.0 | 98% |
| Baths | 4.0 | 3.0 | 80% |
| Square foot | 3,186 | 1,880 | 92% |
| Lot Size | 11,000 | 6,222 | 92% |
| Price | $2.30M | $2.17M | 59% |
| Price per sq ft | $721 | $1.2K | 3% |
| Built year | 1910 | 1953 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 1520 | 141 | 0% |
Pricing History
Listed for Sale
Jan 7, 2022
$2,298,000
Initial Listing