
Redwood City, California 94061
This Turnkey Single Family Residence represents a Strong Value Opportunity, listed at $1,899,000—positioned well below the $2,051,105 Fair Market Value by 7%. This valuation gap provides $152,105 in Instant Equity. Featuring a Mint Condition Rating, the home boasts high-end Italian marble bathrooms and a designer soapstone kitchen. The property includes a detached ADU for income potential and an expansive 8,700 sq. ft. lot. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a premium, move-in-ready asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 740 Alameda De Las Pulgas Subject | $1,899,000* List Price | 4 | 2 | 1,370 | $1,497 | - |
A 754 Topaz Street Sold | $1,629,000 | 3 | 2 | 1,440 | $1,131 | 0.2 mi |
B 1223 Saint Francis Street Sold | $1,975,000 | 3 | 2 | 1,310 | $1,508 | 0.6 mi |
C 681 Emerald Hill Road Sold | $2,250,000 | 3 | 2 | 1,300 | $1,731 | 0.8 mi |
D 950 Hudson Street Sold | $1,700,000 | 3 | 2 | 1,430 | $1,189 | 0.9 mi |
E 1341 Valota Road Sold | $1,860,000 | 3 | 2 | 1,390 | $1,338 | 0.6 mi |
F 1276 Windsor Way Sold | $2,300,000 | 3 | 3 | 1,478 | $1,556 | 0.5 mi |
G 1355 Sierra Street Sold | $1,700,000 | 3 | 1 | 1,000 | $1,700 | 0.7 mi |
H 798 Hudson Street Sold | $1,498,000 | 2 | 2 | 1,268 | $1,181 | 0.9 mi |
I 3146 Wessex Way Pending | $1,999,000 List Price | 3 | 2 | 1,470 | $1,360 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1948, the property has undergone a comprehensive high-end remodel within the last 5 years. It features a designer kitchen with soapstone countertops and stainless steel appliances, bathrooms remodeled with Italian marble, and updated systems including central heating/AC and dual-pane windows. The home is in mint, move-in-ready condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8700, living area = 1370.
The property includes a detached ADU that offers immediate rental income or a versatile space for a home office or guest suite.
The home features high-end updates, including Italian marble bathrooms and a designer kitchen with soapstone countertops and stainless steel appliances.
With four bedrooms configured within approximately 1,370 sq. ft., the individual room sizes and living areas may feel compact.
Located on Alameda De Las Pulgas, a major thoroughfare, the property may experience higher levels of street noise and traffic compared to quieter residential side streets.
Welcome to 740 Alameda De Las Pulgas, a beautifully remodeled 4-bedroom, 2-bathroom home in a desirable Redwood City location. Offering approximately 1,370 sq. ft. of living space on an expansive 8,700 sq. ft. lot, this move-in-ready home combines stylish updates, flexible living space, and income potential. The flexible floor plan features a private primary suite, two additional main-level bedrooms, and an upstairs bedroom that can also serve as a family room, media room, or office. Both bathrooms have been remodeled with Italian marble. The designer kitchen features soapstone countertops, marble backsplash, stainless steel appliances, and breakfast bar seating. Additional highlights include hardwood and marble flooring, gas fireplace, central heating and AC, dual-pane windows, and a one-car garage with laundry. A standout feature is the detached ADU of approximately 150 sq. ft. (buyer to verify), currently occupied by a tenant and generating rental income but it will be vacant at the close of escrow . The extra-deep lot offers plenty of room to improve and customize the backyard, with mature fruit trees, low-maintenance landscaping, storage shed, and fenced dog run. Near parks, schools, major shopping centers, downtown Redwood City, and easy access to 101 and 280.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.3 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,370 | 1,634 |
| Lot Size | 8,700 | 6,532.38 |
| Price | $1.90M | $2.18M |
| Price per sq ft | $1.4K | $1.3K |
| Built year | 1948 | 1951 |
| HOA | $0 | $247 |
| Days on market | 37 | 34 |
Aug 3, 2026
$1,899,000
Initial Listing
Mar 28, 2023
$1,800,000
Public Record
Sep 23, 2015
$1,195,000
Public Record