
Redwood City, California 94063
This fourplex presents a High-Potential Investment Opportunity with a List Price of $1,950,888—positioned well below the $2,293,602 Fair Market Value by 14%. This valuation gap offers $342,714 in Instant Equity for the savvy buyer. Featuring a Fair Condition Rating and stable, long-term month-to-month tenancy, the property provides immediate cash flow with significant upside for modernization. Ideally suited for Buy-and-Hold Investors or Portfolio Managers, this asset leverages its prime Mid-Peninsula location to ensure long-term rental demand.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3410 Rolison Rd Subject 0 bd · 0 ba · 2,992 sqft · $767 | $1,950,888* List Price | 0 | 0 | 2,992 | $767 | - |
A 3779 Hoover Street Sold 0 bd · 0 ba · 2,010 sqft · $759 · 0.5 mi | $1,525,000 | 0 | 0 | 2,010 | $759 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1964 (60 years old) and the listing lacks any mention of recent renovations to kitchens, bathrooms, or major systems. While the building is functional and fully occupied, the exterior shows dated T1-11 siding and weathered detached garages, indicating the asset is in a dated condition typical of a 'Fair' rating for its age.
The property is fully occupied by long-term tenants with a history of timely payments, providing immediate rental income and financial stability for the investor.
Ideally situated in Redwood City with easy access to major employment centers and transportation, ensuring high rental demand and long-term value.
Features separate gas and electric meters to minimize owner utility costs, along with month-to-month agreements that offer the new owner flexibility for future rent adjustments.
Originally built in 1964, the property may require significant capital expenditures for maintenance or modernization to address aging infrastructure.
The assigned elementary schools have low ratings (2 and 3), which may limit the property's appeal to families and impact long-term appreciation.
Excellent investment opportunity in Redwood City! This fully occupied fourplex features four spacious 2-bedroom, 1-bath units totaling approximately 2,992 sq. ft. on an approximately 5,000 sq. ft. lot. All four units are occupied by long-term tenants on month-to-month agreements with a history of timely rent payments, offering immediate rental income along with future flexibility for the new owner. The property features a detached 4-car garage, separate gas and electric meters, and a convenient two-story configuration. Ideally situated on the Mid-Peninsula with convenient access to major employment centers, transportation, shopping, and surrounding Bay Area communities. Whether you're looking to expand an investment portfolio or acquire a multi-unit property in Redwood City, 3410 Rolison Road offers an opportunity to own a fully occupied income-producing property with established tenancy.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.8 mi
Grades 5-8 • 3.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 2,992 | 2,626.533 |
| Lot Size | 5,025 | 7,207.667 |
| Price | $1.95M | $1.76M |
| Price per sq ft | $652 | $669 |
| Built year | 1964 | 1959 |
| HOA | $0 | $0 |
| Days on market | 23 | 56 |
Oct 1, 2026
$1,950,888
Initial Listing
Mar 19, 2020
$1,700,000
Public Record