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Sold for $1,630,000
  • $1,630,000

    1029 Redwood Ave, Redwood City, CA 94061

    4beds
    2,548sqft
    Duplex
    Built in 1955
    -- sqft lot
    $1,675,900 Zestimate®
    $640/sqft
    $4,261 Estimated rent

    Home value

    $1,675,900

    $1.46M - $1.89M

    $4,261/mo

    Zestimate® history
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    $4,261/mo

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    $4,261/mo

    Rent Zestimate®

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    $10,262/mo

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    $10,262/mo

    Est. payment

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    What's special

    Improved asking price! Take advantage now. Welcome to the Palm Park neighborhood in Redwood City, where you can own your first income property or expand your existing portfolio. Additionally, you can live in one unit while managing the other. Become both a homeowner and a landlord at the same time! This property offers strong lifestyle and investment potential in Redwood City. The versatile property features two spacious units with two bedrooms, one bathroom, and an attached one-car garage. The units share a long driveway; each garage has a washer, dryer, and additional storage space. The property is separately metered for water, gas, and electricity, making it an ideal choice for owner-occupants seeking to offset their mortgage with rental income or investors looking for a high-performing asset. This property has a proven track record of rental success. It is just steps from Red Morton Park and minutes from shopping, schools, and downtown amenities. It is in one of the Peninsula's most stable investment neighborhoods.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jaime E. Peraza DRE #01479258 650-892-4556,

    Century 21 Baldini Realty 415-587-4212,

    Daylenis Hernandez DRE #02196739 415-450-0144,

    Century 21 Baldini Realty

    Bought with:

    Anson Ip, DRE #01413912

    Compass

    Christina Perng, DRE #01794803

    Compass

    Source: SFAR,MLS#: 425079879MLS LogoOriginating MLS: San Francisco Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Wall Furnace
    Cooling
    • Ceiling Fan(s)
    Appliances
    • Included: Free-Standing Gas Range, Free-Standing Refrigerator, Gas Water Heater
    • Laundry: In Unit, Washer/Dryer Hookups
    Features
    • Flooring: Simulated Wood, Vinyl, Other
    • Windows: Double Pane Windows, Screens
    Interior area
    • Total structure area: 2,548
    • Total interior livable area: 2,548 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached
    • Attached garage spaces: 2
    Features
    • Stories: 1
    • Fencing: Fenced
    Lot
    • Size: 7,061 Square Feet
    • Features: Sidewalk
    • Topography: Trees Few
    Details
    • Parcel number: 059034030
    • Zoning description: See Attached Docs
    • Special conditions: Offer As Is,Trust

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Ranch
    • Property subtype: Duplex
    Materials
    • Stucco, Wood, Other
    • Foundation: Concrete Perimeter
    • Roof: Composition,Shingle
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1955

    Utilities & green energy

    • Gas: Separate Meter
    • Sewer: Public Sewer
    • Water: Separate Meter, Public, Water District
    • Utilities for property: City, Sewer Available

    Community & HOA

    Community
    • Security: Carbon Monoxide Detector(s), Double Strapped Water Heater, Smoke Detector(s)
    HOA
    • Has HOA: No
    Location
    • Region: Redwood City
    • Elevation: 0

    Financial & listing details

    • Price per square foot: $640/sqft
    • Tax assessed value: $1,804,053
    • Annual tax amount: $19,866
    • Date on market: 10/8/2025
    • Cumulative days on market: 69 days
    • Listing terms: 1031 Exchange
    • Total actual rent: 3570

    Price history

    DateEventPrice
    3/13/2026Listing removed$3,800$1/sqft
    Source: Zillow Rentals Report a problem
    3/5/2026Listed for rent$3,800$1/sqft
    Source: Zillow Rentals Report a problem
    1/13/2026Sold$1,630,000+2.2%$640/sqft
    Source: SFAR #425079879 Report a problem
    12/16/2025Pending sale$1,595,000$626/sqft
    Source: SFAR #425079879 Report a problem
    12/9/2025Listed for sale$1,595,000$626/sqft
    Source: SFAR #425079879 Report a problem
    11/25/2025Contingent$1,595,000$626/sqft
    Source: SFAR #425079879 Report a problem
    11/12/2025Price change$1,595,000-5.9%$626/sqft
    Source: SFAR #425079879 Report a problem
    10/9/2025Listed for sale$1,695,000-0.3%$665/sqft
    Source: SFAR #425079879 Report a problem
    2/15/2022Sold$1,700,000+6.6%$667/sqft
    Source: MLSListings Inc #ML81873170 Report a problem
    1/8/2022Listed for sale$1,595,000+112.7%$626/sqft
    Source: MLSListings Inc #ML81873170 Report a problem
    6/22/2005Sold$750,000$294/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$19,866 +1.1%$1,804,053 +2%
    2024$19,645 +1.5%$1,768,680 +2%
    2023$19,347 +140.9%$1,734,000 +136.3%
    2022$8,030 +1%$733,830 +2%
    2021$7,953 +1.4%$719,442 +1%
    2020$7,847 +0.4%$712,066 +2%
    2019$7,818 +2.7%$698,104 +2%
    2018$7,615 +1.1%$684,416 +2%
    2017$7,534 +1.8%$670,998 +2%
    2016$7,402 +5.9%$657,842 +1.5%
    2015$6,991 $647,962 +2%
    2014$6,991 $635,270 +0.5%
    2013-- $632,400 +2%
    2012-- $620,000 -25.5%
    2011-- $832,314 +2.8%
    2010-- $809,898 -0.2%
    2009-- $811,824 +2%
    2008-- $795,906 +2%
    2007-- $780,300 +2%
    2006-- $765,000
    2005-- $765,000 +491.1%
    2004-- $129,428 +1.9%
    2003-- $127,057 +2%
    2002-- $124,567 +2%
    2001-- $122,126 +2%
    2000-- $119,732
    Find assessor info on the county website

    Neighborhood: Palm

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: San Mateo

    Source: SFAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,675,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,675,900