379 Alameda De Las Pulgas, Redwood City, California 94062, Redwood City, 94062 - 2 bed, 2 bath

379 Alameda De Las Pulgas, Redwood City, California 94062 home-pic-0

379 Alameda De Las Pulgas

Redwood City, California 94062

ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,280Sq Ft
7,278Lot Size

Property Price

LIST PRICE$1,498,000
EST. MARKET VALUE
$1,600,733
6% BelowMARKET VALUE

SUMMARY

Analysis of 379 Alameda De Las Pulgas, Redwood City, California 94062 reveals a Prime Investment Opportunity with a current list price of $1,498,000—significantly undercutting the $1,600,733 Fair Market Value by 6%. This valuation gap indicates a +$102,733 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Redwood City Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$1,600,733 +$102,733 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Redwood City.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
379 Alameda De Las Pulgas
Subject
$1,498,000*
List Price
221,280$1,251-
A
9 Inner Circle
Sold
$1,850,000321,352$1,3680.3 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property is move-in ready and features a modernized gourmet kitchen with a brand-new professional six-burner gas stove. While originally built in 1937, the home has been well-maintained, preserving its architectural charm while incorporating necessary updates. The interior shows high-quality finishes, functional systems, and a layout ideal for modern living, though it lacks the full-scale recent studs-out renovation required for an 'excellent' rating.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7278, living area = 1280.

  • Timeless Architectural Charm

    Built in 1937 with craftsman pride, this residence features a well-designed floorplan, high ceilings, and a cozy fireplace, offering a unique vintage character and serene atmosphere.

  • Modernized Gourmet Kitchen

    The heart of the home is a sun-splashed, high-ceilinged kitchen featuring a brand-new professional six-burner gas stove, seamlessly connecting to the garden for a true farm-to-table experience.

CONSRISKS & DEFICIENCIES

  • Limited Living Space

    With only 2 bedrooms and 1,280 square feet of living area, the home may feel restrictive for growing families or those requiring multiple home office spaces.

  • Vintage Infrastructure Risks

    As a structure built in the late 1930s, the property may require ongoing maintenance or updates to legacy systems like plumbing and electrical to meet modern standards.

About 379 Alameda De Las Pulgas

"From the moment you step through the front door, you feel the timeless charm of this 1938 residence, constructed by craftsmen who built with pride. Right away, you notice the genius of the floorplan. The room flow strikes you as perfect, ideal for entertaining friends and family, whether dinner party or weekend brunch on your private deck. Already you start to imagine the next celebration you'll host rooms full of laughter, music, and people you love. Yet when its restoration and sanctuary you seek, this home offers a serene refuge from the world outside. Sit in the living room. Envision yourself relaxing by the fireplace, sipping tea, good book in hand on a rainy evening. At the heart of the home, the high-ceilinged, sun-splashed kitchen and its brand-new six-burner gas stove serves as your command central. You prepare meals that nourish and delight using vegetables and herbs grown in the garden right outside your door. And all the while, thanks to the homes layout, you're still connected to the life of the house. More than a house, this is a place to celebrate milestones, gather loved ones, and create lasting memories for years to come. Your home. You're​​‌​​​​‌​​‌‌​​‌​​​‌‌​​​‌​​‌‌​​‌‌​​‌‌​​​​ home."

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1937
Lot Size
7,278 Sq. Ft.

Interior

Total Bedrooms
2
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Redwood City Unified Schools

John Gill Elementary School

Grades K-5 • 0.5 mi

6/10

Hawes Elementary School

Grades K-5 • 1.0 mi

4/10

Roosevelt Elementary School

Grades K-8 • 0.5 mi

5/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.04.0
11%
Baths2.03.0
39%
Square foot1,2802,349
9%
Lot Size7,27810,883
28%
Price$1.50M$2.52M
6%
Price per sq ft$1.2K$1.2K
42%
Built year19371960
22%
HOA$0$0
50%
Days on market5180
2%

Pricing History

Listed for Sale

Mar 2, 2026

$1,498,000

Initial Listing

Sold

Oct 13, 2009

$650,000

Public Record

Sold

Feb 18, 2004

$569,000

Public Record

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