341 Dumbarton Avenue, Redwood City, California 94063, Redwood City, 94063 - 0 bed, 0 bath
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341 Dumbarton Avenue
Redwood City, California 94063
ACTIVE
CONDITION: GOOD
0Beds
0Baths
3,086Sq Ft
5,000Lot Size
Property Price
LIST PRICE$1,599,800
EST. MARKET VALUE
$1,532,821
4% AboveMARKET VALUE
SUMMARY
This newer-construction duplex represents a High-Potential Investment Opportunity, listed at $1,850,000—positioned above the $1,616,740 Fair Market Value. While the price reflects a premium, the property’s Good Condition Rating and modern 2009 build offer significant stability. Featuring spacious 3-bedroom, 2-bath floor plans and granite countertops, this asset provides immediate rental utility. Despite lower-rated local schools, the property’s versatility makes it a compelling choice for Buy-and-Hold Investors or Owner-Occupants seeking to offset housing costs through a turnkey, multi-unit Peninsula residence.
Estimated Market Value
$1,532,821
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 |
|---|---|---|---|---|---|---|
★ 341 Dumbarton Avenue Subject 0 bd · 0 ba · 3,086 sqft · $497 | $1,599,800* List Price | 0 | 0 | 3,086 | $497 | - |
A 557 Hampshire Avenue Sold 0 bd · 0 ba · 3,300 sqft · $447 · 0.2 mi | $1,475,000 | 0 | 0 | 3,300 | $447 | 0.2 mi |
B 1036 Dodge Drive Active 0 bd · 0 ba · 2,470 sqft · $607 · 1.0 mi | $1,500,000 List Price | 0 | 0 | 2,470 | $607 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2009, this 17-year-old property falls within the 10-20 year 'Good' range. The interior features functional granite countertops, stainless steel appliances, and central HVAC systems that appear well-maintained. While the exterior shows minor deferred maintenance with peeling paint on the eaves, the property remains move-in ready and functional for residents.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Construction
Built in 2009, this property stands out as a rare newer-construction duplex in the Peninsula, offering modern building standards, updated systems, and lower immediate maintenance needs compared to older area inventory.
- Spacious House-Like Layouts
Each unit features a generous 3-bedroom, 2-bathroom floor plan with over 1,500 square feet of living space, providing the functionality and comfort of a single-family home for both residents and tenants.
- High Investment Versatility
The property offers excellent flexibility for owner-occupants seeking to offset housing costs through rental income, multigenerational living, or investors looking for a turnkey asset in a high-demand employment hub.
CONSRISKS & DEFICIENCIES
- Underperforming School Ratings
The assigned elementary and middle schools have lower performance ratings (2-3), which may deter families who prioritize top-tier public education and could impact long-term resale value to that demographic.
- Limited Outdoor Space
With a large 3,086 square foot building footprint on a 5,000 square foot lot, the property offers minimal private yard or outdoor recreational space, a potential drawback for families with children or pets.
About 341 Dumbarton Avenue
Rarely available newer-construction duplex built in 2009, offering an attractive 6.3% cap rate! Centrally located in Redwood City, this property features two side-by-side, two-story residences with spacious, single-family-home-style floor plans, totaling approximately 3,086 SF of living space. Each unit offers 3 bedrooms, 2 bathrooms, hardwood floors, granite countertops, gas cooking, central heating, a private yard, and convenient parking. With strong rental demand, substantial rental income, and attractive cash-flow potential, this versatile property offers multiple possibilities: live in one unit and rent out the other, accommodate extended family with separate private living spaces, or rent both units for a great investment income. Conveniently located near major Peninsula employment centers, shopping, dining, and transportation, 341 Dumbarton Avenue presents a rare opportunity to own a newer, income-producing duplex in Redwood City. *No open houses. Please call or text listing agent to schedule a private tour.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 2009
- 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 • 0.9 mi
3/10
Garfield Elementary School
Grades K-8 • 0.7 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 | 3,086 | 2,626.533 |
| Lot Size | 5,000 | 7,207.667 |
| Price | $1.60M | $1.76M |
| Price per sq ft | $518 | $669 |
| Built year | 2009 | 1959 |
| HOA | $0 | $0 |
| Days on market | 43 | 56 |
Pricing History
Listed for Sale
Sep 16, 2026
$1,599,800
$1,850,000
-14% Price Drop
Initial Listing
Price Change
Sep 11, 2026
$1,850,000
Initial Listing