
Redwood City, California 94061
This luxury multi-unit residence is a Strong Value Opportunity, listed at $2,680,000—positioned well below the $2,846,736 Fair Market Value by 5%. This valuation gap provides $166,736 in Instant Equity for the incoming buyer. Boasting a Good Condition Rating, the property features a Gourmet Kitchen with Wolf appliances and a 630 sqft Permitted ADU perfect for rental income. Located near Red Morton Park, it balances high-end finishes with significant financial upside. This is an ideal acquisition for Owner-Occupants seeking a house-hack or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 620 Vera Avenue Subject | $2,680,000* List Price | 4 | 3 | 3,530 | $806 | - |
A 100 Danbury Lane Sold | $2,299,880 | 4 | 3 | 2,490 | $924 | 0.9 mi |
B 1035 Valota Road Sold | $2,700,000 | 6 | 4 | 4,610 | $586 | 0.6 mi |
C 61 Orchard Avenue Sold | $2,250,000 | 4 | 4 | 2,650 | $849 | 0.9 mi |
D 335 Park Street Sold | $2,198,000 | 4 | 3 | 2,376 | $925 | 0.9 mi |
E 612 Hudson Street Active | $1,990,000 List Price | 4 | 3 | 2,210 | $900 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1932, the home has undergone significant renovations. The gourmet kitchen features high-end Wolf appliances and granite countertops that appear to be 10-15 years old. The bathrooms are described as updated, and the interior features well-maintained hardwood floors and modern recessed lighting, making it move-in ready.
The 630 sqft permitted accessory building with a full kitchen and bath offers significant value for rental income, a guest house, or multi-generational living in a high-demand area.
The high-end kitchen features premium wood cabinetry, a large island, and professional-grade appliances including a 6-burner Wolf range, catering to luxury buyers.
Situated near Red Morton Park and vibrant downtown Redwood City, the property offers an ideal balance of recreational access and urban convenience in the heart of Silicon Valley.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3530, other record living area = 2900.
Originally built in 1932, the property may require more intensive maintenance or updates to aging systems compared to newer luxury constructions.
With over 3,500 sqft of total building area on a 7,400 sqft lot, the remaining yard space may feel constrained for buyers prioritizing large private outdoor areas.
Beautiful 4-bed, 3-bath two story home in a desirable Redwood City location near Red Morton Park and vibrant downtown. Primary 2900 sqft plus a 630 sqft permitted accessory building, totaling 3,530 sqft on a 7,400 sqft lot, plus an additional 349 sqft basement! A welcoming front porch & spacious entry! The interior features a formal living room w/ fireplace, an elegant dining room w/ French doors & pleasant views, and a generous family room that opens seamlessly to backyard. The gourmet kitchen is equipped with wood cabinetry, a large island, a pantry, a breakfast area & high-end appliances including a 6-burner Wolf range with a commercial-style hood. Upstairs, a spacious primary suite has a fireplace, an updated bath, a huge walk-in closet & backyard views. Two additional bedrooms connect to a long office or sitting area lined with walls of windows. A hallway bath & a laundry also conveniently located upstairs. Hardwood floor throughout. A step-down basement with many windows offers space for recreation. The long driveway provides ample parking in addition to a detached 2-car garage. The permitted ADU has 1 bed, 1 bath, vaulted ceiling & kitchen, ideal for rental income, guests, or extended family. A rare opportunity to own a luxury property in the heart of Silicon Valley.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 65% |
| Baths | 3.0 | 2.0 | 53% |
| Square foot | 3,530 | 1,715.5 | 95% |
| Lot Size | 7,400 | 6,226.5 | 73% |
| Price | $2.68M | $2.21M | 73% |
| Price per sq ft | $759 | $1.3K | 3% |
| Built year | 1932 | 1953 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 142 | 3% |
Apr 7, 2026
$2,680,000
Initial Listing
May 31, 2013
$957,000
Public Record
Jan 6, 2005
$1,150,000
Public Record
Apr 24, 1998
$415,000
Public Record