976 2nd Avenue, Redwood City, California 94063, Redwood City, 94063 - 4 bed, 2 bath
976 2nd Avenue
Redwood City, California 94063
Property Price
SUMMARY
Analysis of 976 2nd Avenue, Redwood City, California 94063 reveals a Prime Investment Opportunity with a current list price of $1,648,000—significantly undercutting the $1,753,024 Fair Market Value by 5%. This valuation gap indicates a +$105,024 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Redwood City Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 976 2nd Avenue Subject | $1,648,000* List Price | 4 | 2 | 1,820 | $963 | - |
A 1080 8th Avenue Sold | $1,508,000 | 3 | 1 | 1,430 | $1,055 | 0.4 mi |
B 811 10th Avenue Sold | $1,488,000 | 2 | 2 | 1,440 | $1,033 | 0.4 mi |
C 639 Douglas Avenue Sold | $1,200,000 | 3 | 4 | 1,530 | $784 | 0.6 mi |
D 820 Eighth Avenue Sold | $1,245,000 | 2 | 1 | 1,131 | $1,101 | 0.4 mi |
E 3354 Page Street Active | $1,398,000 List Price | 3 | 2 | 1,630 | $858 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and has been significantly updated from its original 1946 construction. The kitchen features stainless steel appliances, stone countertops, and updated cabinetry, while the bathrooms show modern tiling and fixtures. With refinished hardwood floors, recessed lighting, and a well-maintained exterior and sunroom, the home meets the criteria for a well-maintained property with functional systems and minimal wear.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Floor Plan
The 1,820 sqft layout features four well-appointed bedrooms plus a bright enclosed sunroom that serves as a flexible fifth bedroom, home office, or gym.
- Prime Location
Ideally situated just steps from Andrew Spinas Park and minutes from downtown Redwood City, Caltrain, and Highway 101, offering excellent accessibility.
- Exceptional Outdoor Living
The property boasts multiple functional outdoor spaces, including a charming front sun deck, a large covered patio, and a beautifully landscaped backyard.
CONSRISKS & DEFICIENCIES
- Limited Garage Capacity
The home features only a one-car garage, which may be a constraint for a large household, despite the additional driveway parking.
- Vintage Infrastructure
Built in 1946, the property may require ongoing maintenance or modernization of older systems to meet contemporary efficiency and style standards.
About 976 2nd Avenue
Welcome to your dream home on 2nd Avenue, where comfort, style, and convenience meet. The inviting front yard features a charming sun deck ideal for relaxing, entertaining, and enjoying views of the yard and nearby park. Inside, the expansive open layout offers a spacious living and dining room with a central fireplace and large picture windows that fill the space with natural light. The oversized eat-in kitchen is a chef's delight with abundant cabinet and counter space plus a generous dining area perfect for gatherings. Down the hall are four well-appointed bedrooms, three of them extra-spacious along with two full bathrooms. A bright enclosed sunroom wrapped in windows provides the perfect flex space for a family room, fifth bedroom, home office, or gym and opens to the beautifully landscaped backyard. Enjoy Redwood City's ideal climate on the large covered patio. Whether gardening, entertaining, or unwinding, the backyard offers endless outdoor enjoyment. Additional highlights include a one-car garage with laundry and a driveway for up to three vehicles. Just steps from Andrew Spinas Park and minutes from downtown Redwood City, Caltrain, HWY 101, and all the best the Peninsula offers, this home delivers exceptional living in a fun, welcoming neighborhood. A must-see!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1946
- Lot Size
- 5,969 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 86% |
| Baths | 2.0 | 1.5 | 50% |
| Square foot | 1,820 | 1,200 | 89% |
| Lot Size | 5,969 | 5,495 | 71% |
| Price | $1.65M | $1.25M | 79% |
| Price per sq ft | $905 | $1.0K | 25% |
| Built year | 1946 | 1947 | 36% |
| HOA | $0 | $0 | 50% |
| Days on market | 36 | 177 | 7% |
Pricing History
Listed for Sale
Jan 30, 2026
$1,648,000
Initial Listing