503 Fox Court, Redwood City, California 94061, Redwood City, 94061 - bed, bath
503 Fox Court
Redwood City, California 94061
Property Price
SUMMARY
Analysis of 503 Fox Court, Redwood City, California 94061 is currently available with a list price of $3,175,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property has undergone extensive interior and exterior renovations, featuring modern kitchens with stainless steel appliances and stone countertops, updated bathrooms with contemporary tiling, and high-quality flooring throughout. Despite the 1966 build date, the turnkey condition and recent capital improvements meet the standards for an excellent rating.
PROSSTRENGTHS & OPPORTUNITIES
- Strong Revenue Stream
The property generates a substantial annual rental income of $148,800, offering an immediate and robust cash flow for investors in a high-demand Redwood City market.
- Owner-User Versatility
Featuring a large 1,990 sq. ft. main unit with 3 bedrooms and a 2-car garage, this triplex is perfectly suited for an owner-occupant seeking a luxury primary residence with significant mortgage-offsetting income.
- Turnkey Condition
Extensive interior and exterior renovations reflect true pride of ownership, minimizing immediate capital expenditure requirements and attracting high-quality tenants who value modern amenities.
CONSRISKS & DEFICIENCIES
- High Capital Requirement
With a list price exceeding $3.1 million, the property requires a significant initial investment, which may limit the pool of potential buyers and impact the overall capitalization rate.
- Vintage Infrastructure
Despite modern cosmetic upgrades, the 1966 construction may still harbor original underlying utility systems that could require long-term maintenance or modernization compared to newer builds.
About 503 Fox Court
This trophy, turnkey triplex in a highly desirable Redwood City neighborhood presents an excellent investment opportunity with 4.490 sf of living space! OUTSTANDING RENTAL INCOME producing $148,800.00 annually. Unit Mix: (1) Main owners unit boasting 1,990 sf., with 3 beds & 2 baths, 2 car garage, and large private yard. (2) townhouse style units each 1,250 sf., with 2 beds & 1.5 baths with single car garages and private yards on a total of 9,963 sf. lot. This property reflects true pride of ownership, with interior and exterior renovations and capital improvements throughout. Residents enjoy townhouse style amenities in this lovely neighborhood with established drought resistant landscaping.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1966
- Lot Size
- 10,840 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 5,300 | 2,285 | 75% |
| Lot Size | 10,840 | 4,888 | 75% |
| Price | $3.17M | $1.43M | 75% |
| Price per sq ft | $599 | $647 | 50% |
| Built year | 1966 | 1960 | 75% |
| HOA | $0 | $0 | 50% |
| Days on market | 102 | 213 | 25% |
Pricing History
Listed for Sale
Nov 25, 2025
$3,175,000
Initial Listing