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944 Valota Road, Redwood City, California 94061, Redwood City, 94061 - bed, bath

944 Valota Road, Redwood City, California 94061 home-pic-0
ACTIVE UNDER CONTRACT$1,425,000
944 Valota Road, Redwood City, California 94061
0Bed
0Bath
1,936Sqft
5,000Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Income-Generating Duplex: The property is a versatile duplex featuring two units (2BD/1BA and 1BD/1BA), offering immediate rental income potential for investors or owner-occupants.
Top Cons:
Property Age: Built in 1958, the property's age, despite being well-maintained, may imply potential for future capital expenditures on aging systems or components.

Compared to the nearby listings

Price:$1.43M vs avg $1.46M ($-37,500)50%
Size:1,936 sqft vs avg 2,285 sqft33%
Price/sqft:$736 vs avg $67583%

More Insights

This property has been on the market for 26 days.
Built in 1958 (67 years old).
Condition: The property was built in 1958, making it over 60 years old. While described as 'well-maintained,' the interior images, particularly of the kitchens and bathrooms, show dated styles. Kitchens feature white appliances, older white cabinets, and laminate countertops, while bathrooms have basic vanities and older tiled shower surrounds. The flooring is a mix of hardwood (appears original or older refinished) and linoleum/vinyl. These elements suggest renovations that likely occurred 15-30 years ago, rather than recent updates. The property is functional and clean, but requires cosmetic updates to meet current aesthetic standards, aligning with the 'fair' condition criteria.
Year Built
1958
Close
-
List price
$1.43M
Original List price
$1.43M
Price/Sqft
$736
HOA
-
Days on market
26 Days
Sold On
2025-10-29
MLS number
ML82023847
Home ConditionFair
Features
ViewNone

About this home

Well-maintained duplex offering strong lifestyle and investment appeal in Redwood City just steps away form Red Morton Park. This versatile property features two spacious units one 2BD/1BA and one 1BD/1BA each with its own private fenced yard. The one-bedroom unit will be delivered vacant, offering flexibility for an owner-occupant or the opportunity to re-lease at a projected market rent of $2,700$3,000 per month. The units share a two-car garage each with washer and dryer hookups,, plus additional storage. Property is separately metered for gas and electric. Ideal for owner-occupants looking to offset their mortgage with rental income or investors seeking a high-performing asset. Located just steps from Red Morton Park and minutes from shopping, schools, and downtown amenities. With a proven rental history and a location in one of the Peninsulas most stable investment neighborhoods, 944-946 Valota Road is a rare opportunity that offers flexibility, functionality, and long-term value.

Condition Rating
Fair
The property was built in 1958, making it over 60 years old. While described as 'well-maintained,' the interior images, particularly of the kitchens and bathrooms, show dated styles. Kitchens feature white appliances, older white cabinets, and laminate countertops, while bathrooms have basic vanities and older tiled shower surrounds. The flooring is a mix of hardwood (appears original or older refinished) and linoleum/vinyl. These elements suggest renovations that likely occurred 15-30 years ago, rather than recent updates. The property is functional and clean, but requires cosmetic updates to meet current aesthetic standards, aligning with the 'fair' condition criteria.
Pros & Cons

Pros

Income-Generating Duplex: The property is a versatile duplex featuring two units (2BD/1BA and 1BD/1BA), offering immediate rental income potential for investors or owner-occupants.
Owner-Occupant & Investment Flexibility: The one-bedroom unit will be delivered vacant, providing flexibility for an owner-occupant to offset their mortgage or for an investor to re-lease at a projected market rent of $2,700-$3,000 per month.
Prime Redwood City Location: Located in a highly desirable and stable investment neighborhood in Redwood City, just steps from Red Morton Park and minutes from shopping, schools, and downtown amenities.
Tenant-Friendly Amenities: Each unit boasts its own private fenced yard, and the property includes a shared two-car garage with washer/dryer hookups and additional storage, enhancing tenant appeal.
Separately Metered Utilities: The property is separately metered for gas and electric, simplifying utility management and billing for tenants and the owner.

Cons

Property Age: Built in 1958, the property's age, despite being well-maintained, may imply potential for future capital expenditures on aging systems or components.
Lack of Noteworthy Views: The property description explicitly states 'None' for views, indicating an absence of significant scenic vistas which can be a premium feature in this market.
Shared Garage & Parking: While a two-car garage is available, it is shared between both units, which could lead to potential coordination issues or perceived inconvenience for tenants regarding parking and access.

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