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    1029 Redwood Ave Redwood City, CA 94061

    Sponsored
    For Sale
    Pending
    $1,595,000

    MULTI_FAMILY - Ranch - Redwood City, CA

    Type:Single Family Residence
    Property size:
    2,548 SF
    Lot size:
    0.16 Acres
    Days on Market:
    21
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 1029 Redwood Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Single Family Residence
    Standard status
    Pending
    Window features
    Double Pane Windows, Screens
    Rooms
    Bedroom 2, Bedroom 1, Bedroom 4, Bedroom 3, Laundry Room, Bathroom 1, Bathroom 2
    Bedrooms
    4
    Bathrooms
    2
    APN
    059034030
    Parking
    2
    Fencing
    Fenced
    Appliances
    Free-Standing Gas Range, Free-Standing Refrigerator, Gas Water Heater
    Size
    2,548 SF
    Lot size
    0.16 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Wall Furnace
    Cooling system
    Ceiling Fan(s)
    Water source
    Public

    Building Details

    Year built
    1955
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Simulated wood, Vinyl
    Building materials
    Stucco, Wood
    Roof type
    Composition, Shingle
    Architectural style
    Ranch

    Century 21 Baldini Realty (415) 939-4212 [email protected]

    Listing agent Jaime E Peraza (650) 892-4556

    Listing date Dec 16, 2025

    Copyright © 2025 San Francisco Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Redwood City Income Property

    Located in the Palm Park neighborhood of Redwood City, this property presents an opportunity for both homeowners and investors. The property features two units, each containing two bedrooms, one bathroom, and an attached one-car garage. A long driveway is shared between the units. Each garage includes a washer, dryer, and additional storage space. The property is separately metered for water, gas, and electricity. This versatile property is suitable for owner-occupants looking to offset their mortgage with rental income or investors seeking a high-performing asset. The property has a history of rental success. The property size is 2548 square feet, situated on a lot of 0.1621 acres. The property is located near Red Morton Park and is also located minutes from shopping, schools, and downtown amenities. The property is located in one of the Peninsula's most stable investment neighborhoods.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Redwood City
    County
    San Mateo
    State
    California
    Longitude
    -122.2307392
    Latitude
    37.4697477

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    FAQs

    What type of property is this?
    Duplex - Two spacious units in Redwood City's Palm Park neighborhood.
    Where is this duplex located?
    The property is located at 1029 Redwood Ave Redwood City, CA.
    What is the asking price?
    The asking price for this property is $1,595,000.
    What are key features of this property?
    This property features: - Two spacious units, each with 2 bedrooms and 1 bathroom; - Each unit includes an attached one-car garage with washer, dryer, and additional storage space; - Separately metered for water, gas, and electricity, simplifying expense management
    (650) 892-4556
    Request Owner's contact information
    1029 Redwood Ave Redwood City, CA 94061
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    Redwood City, CA 94061
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1029 Redwood Ave Redwood City, CA 94061
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