823 Cedar Street, Redwood City, California 94063, Redwood City, 94063 - 0 bed, 0 bath
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Redwood City, California 94063
This Residential Income Duplex represents a High-Potential Investment Opportunity, listed at $1,625,000—positioned above the $1,557,399 Fair Market Value. While the property carries a premium, its Condition Rating of 3 and turnkey interior updates, including modern bathrooms and eat-in kitchens, minimize immediate capital expenditure. The unique layout featuring no connecting walls and private fenced yards provides a detached-home feel, ensuring high rental demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile asset near downtown Redwood City.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 823 Cedar Street Subject | $1,625,000* List Price | 0 | 0 | 1,960 | $795 | - |
A 2804 Curtis Avenue Active | $1,618,000 List Price | 0 | 0 | 2,080 | $778 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1950, the property features modern bathroom renovations with contemporary tiling and fixtures. The description confirms updated kitchens and the exterior shows well-maintained grounds and updated windows, indicating a move-in ready condition consistent with a 5-15 year renovation cycle.
The duplex features no connecting walls and separate garages, providing a detached, single-family home feel that is highly desirable for both tenants and owner-occupants.
Ideally situated within walking distance to downtown Redwood City's vibrant dining and entertainment district, ensuring high rental demand and long-term value appreciation.
Both units boast updated eat-in kitchens and modern bathrooms, significantly reducing immediate capital expenditure requirements for new owners.
The assigned elementary and middle schools have modest ratings (4 and 5), which may limit the property's appeal to families prioritizing top-tier educational districts.
Originally constructed in 1950, the property may require ongoing maintenance or future upgrades to aging core systems despite the cosmetic interior renovations.
An exceptional, airy, light-filled duplex with updated eat-in kitchens, modern bathrooms, no connecting walls, separate garages, large rooms, each unit with its own private fenced yard. This outstanding Redwood City location is a short walk to downtown restaurants and entertainment. An exceptional opportunity for both investors & owner-occupants. Both units have always been rented privately to the owner's family and employees.
No exterior & parking available.
Grades K-8 • 0.4 mi
Grades 5-8 • 2.0 mi
Grades 9-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,960 | 2,590 |
| Lot Size | 6,751 | 8,986.5 |
| Price | $1.62M | $1.79M |
| Price per sq ft | $829 | $755 |
| Built year | 1950 | 1954 |
| HOA | $0 | $0 |
| Days on market | 6 | 65 |
Jul 16, 2026
$1,625,000
Initial Listing