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300 Encina Avenue, Redwood City, California 94061, Redwood City, 94061 - 7 bed, 4 bath

300 Encina Avenue, Redwood City, California 94061 home-pic-0
ACTIVE$2,298,000
300 Encina Avenue, Redwood City, California 94061
7Beds
4Baths
3,186Sqft
11,000Lot

Price Vs. Estimate

The estimated value ($2,298,000) is $0 (0%) lower than the list price ($2,298,000). This property may be overpriced.

Key pros and cons

Top Pros:
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.
Top Cons:
Property Age: Built in 1910, despite renovations, the underlying infrastructure of an older home may present unforeseen maintenance or upgrade costs in the future.

Compared to the nearby listings

Price:$2.30M vs avg $2.03M (+$264,000)62%
Size:3,186 sqft vs avg 1,720 sqft94%
Price/sqft:$721 vs avg $1.2K3%

More Insights

Built in 1910 (115 years old).
Condition: 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.
Year Built
1910
Close
-
List price
$2.3M
Original List price
$2.3M
Price/Sqft
$721
HOA
-
Days on market
-
Sold On
-
MLS number
ML81873840
Home ConditionExcellent
Features
Pool
Patio
View-

About this home

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.

Nearby schools

5/10
Henry Ford Elementary School
Public,•K-5•1.1mi
5/10
Selby Lane Elementary School
Public,•K-8•0.5mi
5/10
John F. Kennedy Middle School
Public,•5-8•1.2mi
6/10
Woodside High School
Public,•9-12•1.7mi
7/10
Menlo-Atherton High School
Public,•9-12•2.5mi
Condition Rating
Excellent
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.
Pros & Cons

Pros

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.
Prime Location: Situated near the desirable Atherton border and conveniently close to Woodside Road restaurants, grocery stores, and downtown Redwood City amenities.
Flexible Living Arrangement: The multi-unit setup allows for versatile use, ideal for a homeowner seeking rental income to offset mortgage costs or a pure investment property.

Cons

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.

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