424 5th Avenue, Redwood City, California 94063, Redwood City, 94063 - 2 bed, 1 bath
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424 5th Avenue
Redwood City, California 94063
ACTIVE
CONDITION: EXCELLENT
2Beds
1Baths
1,000Sq Ft
2,999Lot Size
Property Price
LIST PRICE$965,000
EST. MARKET VALUE
$969,759
SUMMARY
This Remodeled Single Family Residence is a Strong Value Opportunity, listed at $965,000—positioned well below the $969,759 Fair Market Value by 0.49%. Featuring a remodeled kitchen, updated electrical, and a modern heat pump, the property maintains an Excellent Condition Rating. Its proximity to downtown Redwood City provides an enviable lifestyle, while the spacious yard offers rare urban flexibility. This turnkey home balances modern comfort with long-term stability, making it an ideal acquisition for first-time buyers or owner-occupants seeking a move-in ready sanctuary.
Estimated Market Value
$969,759
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 |
|---|---|---|---|---|---|---|
★ 424 5th Avenue Subject | $965,000* List Price | 2 | 1 | 1,000 | $970 | - |
A 528 Macarthur Avenue Sold | $928,000 | 3 | 1 | 740 | $1,254 | 0.6 mi |
B 3523 Page Street Active | $898,999 List Price | 2 | 1 | 750 | $1,199 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1959, the property has undergone a comprehensive modern remodel. Key updates include a remodeled kitchen with stainless appliances, a newer roof, updated electrical, and a modern heat pump for HVAC. The interior features contemporary finishes such as dark hardwood floors and recessed lighting, meeting the criteria for a high-quality renovation in mint, move-in condition.
PROSSTRENGTHS & OPPORTUNITIES
- Modernized Infrastructure
The home features significant high-value updates including a remodeled kitchen, a newer roof, updated electrical, and a modern heat pump for efficient climate control.
- Prime Location
Situated near downtown Redwood City, the property offers excellent walkability and convenient access to local dining, shopping, and entertainment hubs.
- Versatile Outdoor Space
Despite the urban setting, the property includes a functional yard that provides rare flexibility for outdoor living, gardening, or entertaining.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1000, other record living area = 740.
- Limited Living Space
With only 1,000 square feet and a single bathroom, the home's footprint may be restrictive for growing families or those requiring a home office.
- Compact Lot Size
The 2,999 square foot lot is relatively small for a detached residence, which could limit future expansion or the addition of an Accessory Dwelling Unit (ADU).
About 424 5th Avenue
Welcome home to 424 5th Avenue! This charming remodeled 2-bedroom, 1-bath home is thoughtfully updated for comfortable modern living while retaining its inviting character. The remodeled kitchen with stainless gas stove features stylish finishes and provides a welcoming space for preparing meals and gathering with family and friends. Additional improvements include a heat pump for efficient heating and cooling. The light-filled living spaces create a warm and comfortable atmosphere, while two well-proportioned bedrooms provide inviting retreats. Outside, the spacious yard offers exceptional flexibility for entertaining, gardening, play, or simply enjoying California's beautiful weather. The generous outdoor space is a rare find so close to downtown and provides plenty of room to create your own private oasis.Ideally located near downtown, this home offers convenient access to restaurants, cafes, shopping, entertainment, parks, and everyday amenities. With its remodeled kitchen, updated systems, spacious yard and desirable location, this delightful home offers an appealing combination of comfort, convenience, and long-term value.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1959
- Lot Size
- 2,999 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.3 |
| Baths | 1.0 | 2.3 |
| Square foot | 1,000 | 1,634 |
| Lot Size | 2,999 | 6,532.38 |
| Price | $965.0K | $2.18M |
| Price per sq ft | $965 | $1.3K |
| Built year | 1959 | 1951 |
| HOA | $0 | $247 |
| Days on market | 6 | 34 |
Pricing History
Listed for Sale
Sep 3, 2026
$965,000
Initial Listing
Sold
Oct 31, 2022
$940,000
Public Record
Sold
Mar 15, 2018
$926,000
Public Record
Sold
Jul 12, 2013
$375,000
Public Record
Sold
Nov 1, 2000
$270,000
Public Record