424 5th Avenue, Redwood City, California 94063, Redwood City, 94063 - 2 bed, 1 bath
ACTIVE$999,888
424 5th Avenue, Redwood City, California 94063
2Beds
1Bath
1,000Sqft
2,999Lot
Price Vs. Estimate
The estimated value ($948,833.99) is $51,054.01 (5%) lower than the list price ($999,888). This property may be overpriced.
Key pros and cons
Top Pros:
Prime Walkable Location: The property boasts an exceptional location, just steps from downtown Redwood City, offering unbeatable access to Caltrain, dining, shopping, and parks, making it one of the Peninsula's most walkable neighborhoods.
Top Cons:
Compact Size: With 2 beds, 1 bath, and 1000 sqft, the home's smaller footprint may limit its appeal to buyers requiring more bedrooms or overall living space.
Compared to the nearby listings
Price:$999.9K vs avg $1.32M ($-322,612)8%
Size:1,000 sqft vs avg 1,195 sqft25%
Price/sqft:$1000 vs avg $1.1K29%
More Insights
Built in 1959 (66 years old).
Condition: Despite being built in 1959, the property has undergone a thoughtful and extensive renovation, as stated in the description, including updated electrical and a newer roof. The interior images showcase modern finishes throughout, such as dark hardwood flooring, recessed lighting, and a mini-split AC system. The bathroom is particularly impressive with a contemporary floating double vanity, mosaic tile backsplash, and an illuminated LED mirror, indicating a very recent and high-quality update. All visible components appear new or virtually new, meeting current quality standards with no deferred maintenance. While kitchen images are not provided, the overall consistency of modern updates suggests the kitchen would also be in excellent condition.
Year Built
1959
Close
-
List price
$1,000K
Original List price
$1,000K
Price/Sqft
$1,000
HOA
-
Days on market
-
Sold On
-
MLS number
ML82017381
Home ConditionExcellent
Features
Patio
View-
About this home
Welcome to 424 Fifth Ave! A thoughtfully remodeled home just steps from downtown. This move-in ready gem features permitted renovations including updated electrical, a newer roof, and modern interior finishes. Enjoy a bright, open layout, a spacious yard, and unbeatable access to Caltrain, dining, shopping, and parks. A rare opportunity to own a stylish and upgraded home in one of the Peninsulas most walkable neighborhoods!
Condition Rating
Excellent
Despite being built in 1959, the property has undergone a thoughtful and extensive renovation, as stated in the description, including updated electrical and a newer roof. The interior images showcase modern finishes throughout, such as dark hardwood flooring, recessed lighting, and a mini-split AC system. The bathroom is particularly impressive with a contemporary floating double vanity, mosaic tile backsplash, and an illuminated LED mirror, indicating a very recent and high-quality update. All visible components appear new or virtually new, meeting current quality standards with no deferred maintenance. While kitchen images are not provided, the overall consistency of modern updates suggests the kitchen would also be in excellent condition.
Pros & Cons
Pros
Prime Walkable Location: The property boasts an exceptional location, just steps from downtown Redwood City, offering unbeatable access to Caltrain, dining, shopping, and parks, making it one of the Peninsula's most walkable neighborhoods.
Extensive Permitted Renovations: Significant and permitted renovations, including updated electrical and a newer roof, provide peace of mind and reduce immediate maintenance concerns for a new owner.
Move-in Ready Condition: Described as a 'move-in ready gem' with modern interior finishes, the home requires minimal effort for immediate occupancy.
Bright, Open Layout: The interior features a bright, open layout, which is highly desirable for contemporary living and entertaining.
Spacious Private Yard: The property includes a spacious yard, offering valuable outdoor living and recreational space.
Cons
Compact Size: With 2 beds, 1 bath, and 1000 sqft, the home's smaller footprint may limit its appeal to buyers requiring more bedrooms or overall living space.
Older Construction Base: Built in 1959, despite recent renovations, the underlying older construction may present potential for unforeseen issues with original systems not explicitly updated (e.g., plumbing, foundation).
Lack of Central Air Conditioning: The property description does not mention a cooling system, which could be a significant drawback during warmer months in California and impact comfort and resale value.