
Redwood City, California 94063
This property presents a High-Potential Investment Opportunity with a List Price of $1,800,000—positioned above the $1,639,123 Fair Market Value by 9%. While the price reflects the premium Alphabet neighborhood location, the home carries a Condition Rating of 5, necessitating a full-scale renovation. The 5,951 sqft lot and proximity to major tech employers like Meta and Google provide a strong foundation for forced appreciation. This project is an ideal acquisition for Fix-and-Flip Investors or Contractors capable of executing a comprehensive value-add strategy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 333 G Street Subject | $1,650,000* List Price | 3 | 2 | 1,130 | $1,405 | - |
A 1723 Lenolt Street Sold | $1,550,000 | 3 | 1 | 1,010 | $1,535 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1951, this 73-year-old home is in mostly original or significantly dated condition. The kitchen features old tile countertops and cabinetry, while the bathroom shows extreme age with floral wallpaper and green carpeting. The listing description explicitly targets contractors and investors for a renovation project, indicating that the home requires a full rehab to meet modern standards.
Situated in the highly sought-after Alphabet neighborhood, the property offers exceptional proximity to major tech employers like Meta and Google, as well as a short walk to vibrant Downtown Redwood City.
As a fixer-upper with a generous 5,951 sqft lot, this home provides a rare opportunity for investors or contractors to build sweat equity and customize a dream space in a high-demand market.
The property is ideally located for commuters, featuring a 10-to-15-minute walk to the CalTrain station and easy access to regional transit, connecting residents to the broader Bay Area.
The home requires significant updates and repairs, as indicated by the listing's call for design ideas and paintbrushes, necessitating a substantial additional capital investment beyond the purchase price.
With a list price of $1.8 million for only 1,130 square feet of living space, the cost per square foot is high, particularly given the home's 1951 original construction and current condition.
Endless Potential in Redwood Citys Alphabet Neighborhood. Bring your design ideas and your paintbrushes. This 3-bedroom, 2-bathroom home presents a rare opportunity to renovate and customize your dream space. Situated in the highly sought-after Alphabet neighborhood, this property is the perfect canvas for contractors, investors, or buyers looking to build sweat equity in a premier Silicon Valley location. Location is everything, and this home delivers. You are just a 10-to-15-minute stroll away from vibrant Downtown Redwood City. Enjoy easy access to popular local shops, diverse restaurants, and community favorites like Mezes Park. Commuting is a breeze with the nearby CalTrain station, connecting you quickly to the entire Bay Area. For professionals, the proximity to major employers is unmatched. This property offers a short, convenient commute to: Box Inc., Google Seaport Blvd., Meta / Facebook, Stanford Medicine Redwood City Campus and many other top employers. Dont miss this chance to invest in one of Redwood Citys most desirable pockets. Properties with this much upside and convenience rarely last long. Thank you.
No exterior & parking available.
Grades K-8 • 1.6 mi
Grades 5-8 • 2.6 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.3 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,130 | 1,634 |
| Lot Size | 5,951 | 6,532.38 |
| Price | $1.65M | $2.18M |
| Price per sq ft | $1.5K | $1.3K |
| Built year | 1951 | 1951 |
| HOA | $0 | $247 |
| Days on market | 20 | 34 |
Sep 1, 2026
$1,650,000
$1,800,000
-8% Price Drop
Initial Listing
Aug 20, 2026
$1,800,000
Initial Listing