373 Carlos Avenue, Redwood City, California 94061, Redwood City, 94061 - 0 bed, 0 bath
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Redwood City, California 94061
This Modernized Redwood City Duplex is a Strong Value Opportunity, listed at $2,488,000—positioned well below the $2,645,904 Fair Market Value by 5%. This valuation gap provides $157,904 in Instant Equity. Featuring a completely remodeled front unit and a private rear unit with a secluded backyard and patio, the property holds a Condition Rating of 2 with modern upgrades. Located near vibrant downtown amenities and Menlo-Atherton High School, it offers a turnkey income setup. This is an exceptional acquisition for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 373 Carlos Avenue Subject | $2,488,000* List Price | 0 | 0 | 3,522 | $751 | - |
A W Oakwood Boulevard Pending | $2,395,000 List Price | 0 | 0 | 2,900 | $826 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property features a front unit that has been completely and extensively remodeled within the last 5 years, showcasing modern high-end finishes. The kitchen includes new stainless steel appliances, quartz countertops, and shaker-style cabinetry, while the bathrooms feature contemporary tile work and updated fixtures. With new wide-plank flooring, recessed lighting, and updated windows throughout the photographed areas, the property meets current market standards with no visible deferred maintenance, despite its 1965 original build date.
The front unit has been completely remodeled with stylish, modern finishes, allowing for immediate high-market rental income or a turnkey move-in for an owner-occupant.
Both units offer a highly desirable 2-bedroom, 2-bathroom configuration with attached garages and in-unit laundry, features that significantly enhance tenant retention and convenience.
The rear unit functions like a single-family home with a private backyard and dedicated laundry room, making it an ideal setup for an owner-user seeking privacy while offsetting their mortgage.
Built in 1965, the property may require future capital improvements to its core systems or the non-remodeled rear unit to maintain its competitive edge in the Redwood City market.
The assigned elementary and middle schools carry average ratings (5/10), which may limit the property's appeal to families specifically prioritizing top-tier Peninsula school districts.
Located in the heart of booming Redwood City, 373 Carlos is a beautiful duplex offering comfort, flexibility, and investment potential. Each spacious unit features 2 bedrooms and 2 bathrooms with thoughtfully designed layouts. The front unit has been completely remodeled with stylish finishes and modern upgrades throughout. The rear unit boasts an excellent floor plan, including a dedicated laundry room and a private backyard, making it ideal for an owner-occupant seeking both comfort and privacy. Both units include attached garages and in-unit washer and dryer, providing convenience and functionality for residents. Located near the vibrant amenities, dining, and growth of Redwood City, this duplex is a fantastic opportunity for investors or owner-users alike.
No exterior & parking available.
Grades K-5 • 1.3 mi
Grades K-8 • 0.8 mi
Grades 5-8 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,522 | 2,966 | 50% |
| Lot Size | 6,149 | 5,237.5 | 50% |
| Price | $2.49M | $1.90M | 50% |
| Price per sq ft | $706 | $626 | 50% |
| Built year | 1965 | 1944 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 37 | 147 | 50% |
Mar 16, 2026
$2,488,000
Initial Listing
Jan 31, 2020
$2,285,000
Public Record
Jul 3, 2019
$1,688,000
Public Record