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503 Fox Court, Redwood City, California 94061, Redwood City, 94061 - bed, bath

503 Fox Court, Redwood City, California 94061 home-pic-0
ACTIVE$3,175,000
503 Fox Court, Redwood City, California 94061
0Bed
0Bath
5,300Sqft
10,840Lot
Year Built
1966
Close
-
List price
$3.17M
Original List price
$3.17M
Price/Sqft
$599
HOA
-
Days on market
-
Sold On
-
MLS number
ML82028264
Home ConditionGood
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $3.17M(83th), sqft - 5300(83th), beds - undefined(50th), baths - undefined(50th).

This trophy, turnkey triplex in a highly desirable Redwood City neighborhood presents an excellent investment opportunity with 5,300 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.

Price History

Date
Event
Price
11/25/25
Listing
$3,175,000
Condition Rating
Good
The property, built in 1966, is described as 'turnkey' with 'interior and exterior renovations and capital improvements throughout,' reflecting 'true pride of ownership.' The images support this, showing a well-maintained exterior with fresh paint, updated laminate and tile flooring in living areas and kitchens, and clean, functional spaces. While the kitchen cabinets and some appliances (like the built-in ovens) appear somewhat dated in style, they are in good condition and fully functional, not requiring immediate renovation. The overall impression is move-in ready with minimal wear and tear, aligning with the 'Good' category, despite not having undergone a full, high-end modern renovation within the last 5 years.
Pros & Cons

Pros

Exceptional Investment Opportunity: This property is explicitly marketed as a 'trophy, turnkey triplex' and an 'excellent investment opportunity' with an 'OUTSTANDING RENTAL INCOME' of $148,800.00 annually, making it highly attractive to investors.
Highly Desirable Location: Situated in a 'highly desirable Redwood City neighborhood,' the property benefits from a prime Bay Area location known for strong rental demand and property value appreciation.
Diverse and Appealing Unit Mix: The triplex offers a flexible unit mix, including a spacious 3-bed/2-bath owner's unit (1,990 sqft) with a 2-car garage and private yard, plus two townhouse-style 2-bed/1.5-bath units (1,250 sqft each) with single-car garages and private yards, appealing to a broad tenant base.
Turnkey and Well-Maintained: Described as 'turnkey' and reflecting 'true pride of ownership, with interior and exterior renovations and capital improvements throughout,' suggesting minimal immediate capital expenditure for a new owner.
Generous Living Space and Lot Size: With a total of 5,300 sqft of living space across the units and a substantial 9,963 sqft lot, the property offers ample room and privacy for residents.

Cons

Property Age: Built in 1966, the property's age, despite renovations, may imply potential for older underlying infrastructure and systems that could require future maintenance or upgrades not explicitly detailed.
Vague School District Information: The high school district is listed as 'Other,' which lacks specific details important for potential owner-occupants with school-aged children who prioritize specific educational institutions.
Limited Detail on Capital Improvements: While 'renovations and capital improvements' are mentioned, the description does not specify the scope or recency of major system upgrades (e.g., HVAC, plumbing, electrical, roof), which could be a concern for a property built in 1966.

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