430 5th Avenue, Redwood City, California 94063, Redwood City, 94063 - 3 bed, 2 bath
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430 5th Avenue
Redwood City, California 94063
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,080Sq Ft
5,999Lot Size
Property Price
LIST PRICE$1,375,000
EST. MARKET VALUE
$1,302,656
5% AboveMARKET VALUE
SUMMARY
This Hybrid Residential Asset is a Strong Value Opportunity, listed at $1,375,000—positioned well above the $1,302,657 Fair Market Value by -5%. While the property requires modernization, its Fair Condition Rating is offset by a versatile 256 sq. ft. ADU and a prime location between Menlo Park and Redwood City. Featuring original 1930s character and fiber optic internet, this home offers significant potential for rental income or multi-generational living. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add property.
Estimated Market Value
$1,302,656
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 |
|---|---|---|---|---|---|---|
★ 430 5th Avenue Subject | $1,375,000* List Price | 3 | 2 | 1,080 | $1,206 | - |
A 811 7th Avenue Sold | $1,455,000 | 2 | 1 | 1,100 | $1,323 | 0.6 mi |
B 30 Meadow Lane Sold | $1,325,000 | 2 | 2 | 890 | $1,489 | 0.7 mi |
C 18 Yarnall Place Sold | $1,405,000 | 3 | 2 | 1,360 | $1,033 | 1.0 mi |
D 3 Delmar Court Sold | $1,451,000 | 3 | 1 | 1,200 | $1,209 | 1.0 mi |
E 34 Manzanita Street Sold | $1,020,000 | 2 | 1 | 800 | $1,275 | 1.0 mi |
F 3279 Hoover Street Active | $1,100,000 List Price | 2 | 1 | 1,000 | $1,100 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1930, the property is well-maintained and functional but significantly dated. While it features newer windows and updated utilities, the kitchen and bathrooms (featuring vintage appliances and older tile work) appear to be over 20 years old and require modernization to meet current standards.
PROSSTRENGTHS & OPPORTUNITIES
- Income Potential & Versatility
The property includes a 256 sq. ft. attached ADU with a separate entrance, providing a rare opportunity for rental income, a private home office, or multi-generational living.
- Timeless Architectural Character
Built in 1930, the home is rich with period details including arched doorways, custom wooden French windows, hardwood floors, and a classic O'Keefe & Merritt stove.
- Strategic Location & Connectivity
Perfectly positioned between Menlo Park and Redwood City downtowns, the home offers easy freeway access, proximity to multiple parks, and modern fiber optic internet.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- Limited Main Living Area
The main residence offers a modest 1,080 square feet with only one bathroom, which may be a constraint for growing families or those desiring more interior space.
- Vintage Infrastructure Maintenance
Given the home's 1930 construction, buyers should anticipate the potential for higher maintenance costs or the need for system updates common in older properties.
About 430 5th Avenue
Welcome home!Charming and full of character, this inviting 2 bedroom, 1 bath home with an attached 1br/1bth ADU (256 SF) blends timeless details with warm, comfortable living.Arched doorways and newer custom wooden arched French windows and doors, beautiful hardwood floors, and a cozy kitchen featuring a classic OKeefe & Merritt stove create a wonderful sense of charm and nostalgia throughout. The spacious family room offers a fireplace perfect for relaxing evenings or entertaining guests.Situated on an approximately 5,999 sq ft lot, the property also includes a breezeway attached ADU with a character-rich knotty pine interior ideal for guests, extended family, a home office or potential rental income as well as an approx. 370 sq ft garage with 240 volt outlet, offering additional storage or workspace possibilities With its unique character, versatile living spaces, updated utilities, including optic fiber Internet and inviting atmosphere, this property presents a rare opportunity to enjoy both comfort and charm. Located close to freeways, shopping, entertainment & minutes to Menlo Park and Redwood City downtowns, between Hoover Park and Holbrook Palmer Park and a short distance to North Fair Oaks community park & Playground.Don't miss the opportunity to call 430 5th Avenue Home!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1930
- Lot Size
- 5,999 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 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 | 3.0 | 3.3 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,080 | 1,634 |
| Lot Size | 5,999 | 6,532.38 |
| Price | $1.38M | $2.18M |
| Price per sq ft | $1.3K | $1.3K |
| Built year | 1930 | 1951 |
| HOA | $0 | $247 |
| Days on market | 6 | 34 |
Pricing History
Listed for Sale
Sep 3, 2026
$1,375,000
Initial Listing
Sold
Apr 10, 1997
$233,000
Public Record