57 Dumbarton Avenue, Redwood City, California 94063, Redwood City, 94063 - 0 bed, 0 bath
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Redwood City, California 94063
This High-Potential Investment Opportunity is a Quadruplex listed at $1,650,000, positioned slightly above the $1,629,273 Fair Market Value. While not a discount buy, the property offers a stable Asset for those seeking long-term cash flow. With a Condition Rating of 4, the units require interior modernization to maximize rental yields. Key features include (2) 2-car garages, private balconies, and large yards. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to leverage a "house hack" strategy in a thriving Silicon Valley market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 57 Dumbarton Avenue Subject | $1,650,000* List Price | 0 | 0 | 3,478 | $468 | - |
A 557 Hampshire Avenue Active | $1,500,000 List Price | 0 | 0 | 3,300 | $455 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1962, this fourplex is functional but significantly dated. The kitchens and bathrooms feature older cabinetry, laminate counters, and aged appliances, with some units showing visible wear like misaligned cabinet doors. The presence of wall heaters indicates antiquated HVAC systems. While the exterior has been recently painted, the interiors require comprehensive updates to kitchens, baths, and systems to move beyond their current 20+ year-old aesthetic.
The property features a desirable configuration of two 2-bedroom and two 1-bedroom units, each enhanced by private outdoor spaces including large covered balconies and yards, which significantly boosts rental desirability.
Equipped with two 2-car garages, the property provides rare and valuable off-street parking for tenants, a high-demand feature in the dense Redwood City rental market.
Situated in a thriving Silicon Valley locale, this fourplex offers strong long-term appreciation potential and steady cash flow opportunities for investors or owner-occupants.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5260, other record lot size in square feet = 5500.
Originally built in 1962, the building may require upcoming capital expenditures for system upgrades or structural maintenance to remain competitive with newer developments.
The assigned local schools, such as Hoover Elementary with a rating of 4, are lower than neighboring high-performing districts, which may impact appeal for families with school-aged children.
Prime Fourplex in Redwood City presents an exceptional chance for investors and homeowner or newcomer alike to secure a valuable asset in a thriving locale. Fourplex consists of (2) 2-bedroom/1-bath units with large covered balconies, (2) 1-bedroom, 1-bath units with large yards, and (2) 2-car garages. Do not miss out on this great investment opportunity!
No exterior & parking available.
Grades K-8 • 0.7 mi
Grades K-8 • 1.0 mi
Grades 5-8 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 3,478 | 2,590 |
| Lot Size | 5,260 | 8,986.5 |
| Price | $1.65M | $1.79M |
| Price per sq ft | $474 | $755 |
| Built year | 1962 | 1954 |
| HOA | $0 | $0 |
| Days on market | 18 | 65 |
Jul 4, 2026
$1,650,000
Initial Listing
Jun 25, 2024
$1,565,000
Public Record