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  • Price cut: $78K (7/30)
    $697,000

    345 1st Avenue, Redwood City, CA 94063

    3beds
    790sqft
    : 
    $4,638/mo
    Get pre-qualified
    Single Family Residence
    Built in 1954
    2,500 Square Feet Lot
    $707,000 Zestimate®
    $882/sqft
    $-- HOA

    What's special

    Two car garageSingle-story homeEfficient floor planOff-street parking
    Located in the heart of the San Francisco Peninsula, 345 1st Avenue in Redwood City presents an opportunity for buyers seeking an affordable entry into one of the Bay Area's most desirable real estate markets. Whether you're a first-time homebuyer, investor, or someone looking for a property with future potential, this residence offers the value of location, convenience, and long-term appreciation in a city that continues to experience strong demand. Built in 1954, this single-story home features 3 bedrooms, 1 bathroom, approximately 790 square feet of living space, and sits on a 2,500-square-foot lot. While modest in size, the efficient floor plan provides comfortable living and serves as an excellent canvas for updating, remodeling, or personalizing to fit today's lifestyle. The two car garage and off-street parking add functionality rarely found in homes at this price point. The true appeal of this property lies in its exceptional location. Redwood City has become one of Silicon Valley's most sought-after communities thanks to its central position between San Francisco and San Jose. Residents enjoy convenient access to Highway 101, Interstate 280, Caltrain, and major employers including Meta, Google, Oracle, Stanford University, and numerous technology companies throughout the Peninsula. This connectivity makes commuting simple while maintaining the charm of a well-established neighborhood. Downtown Redwood City is just steps away and offers an impressive collection of restaurants, coffee shops, boutiques, entertainment venues, and community events. Courthouse Square serves as the city's gathering place, hosting concerts, outdoor movies, farmers markets, and seasonal festivals throughout the year. The vibrant downtown atmosphere continues to attract new residents and businesses. The surrounding neighborhood provides everyday conveniences within walking distance, including neighborhood markets, restaurants, parks, and schools. The property's walkable location enhances its appeal for buyers seeking an urban lifestyle without sacrificing the privacy of single-family home ownership. From an investment perspective, Redwood City has consistently demonstrated strong property values due to limited housing inventory and continued employment growth throughout Silicon Valley. This is a fixer and priced for buyers/investors to build sweat equity. Access from Berkshire Ave allows the possibility of the development of a duplex for higher income opportunities.
    27 days
    |
    2,599
    |
    73
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Tim G Kruse DRE #01916932 707-454-6398,

    Green Fields Real Estate Servi 707-454-6398

    Source: BAREIS,MLS#: 426144527MLS LogoOriginating MLS: Northern Solano

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 1
      • Full bathrooms: 1
      Primary bathroom
      • Features: Tub w/Shower Over
      Cooling
      • Ceiling Fan(s)
      Features
      • Windows: Dual Pane Full
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 790
      • Total interior livable area: 790 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Side By Side, Garage Faces Rear
      • Garage spaces: 2
      Features
      • Fencing: Chain Link
      Lot
      • Size: 2,500 Square Feet
      Details
      • Parcel number: 054206160
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Bungalow
      • Property subtype: Single Family Residence
      Materials
      • Stucco
      • Roof: Composition
      Condition
      • Year built: 1954

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public, Meter on Site
      • Utilities for property: Electricity Connected

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Redwood City

      Financial & listing details

      • Price per square foot: $882/sqft
      • Tax assessed value: $48,247
      • Annual tax amount: $2,336
      • Date on market: 7/10/2026
      • Electric utility on property: Yes

        Estimated market value

        $707,000

        $672,000 - $742,000

        $3,546/mo

        Price history

        DateEventPrice
        8/5/2026Listed for sale$697,000$882/sqft
        Source: BAREIS #426144527 Report a problem
        8/1/2026Pending sale$697,000$882/sqft
        Source: BAREIS #426144527 Report a problem
        7/30/2026Price change$697,000-10.1%$882/sqft
        Source: BAREIS #426144527 Report a problem
        7/22/2026Pending sale$775,000$981/sqft
        Source: BAREIS #426144527 Report a problem
        7/10/2026Listed for sale$775,000$981/sqft
        Source: BAREIS #426144527 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,336 +4.5%$48,247 +2%
        2024$2,235 +4.9%$47,302 +2%
        2023$2,131 +3.6%$46,375 +2%
        2022$2,058 +1.7%$45,466 +2%
        2021$2,023 +1.8%$44,576 +1%
        2020$1,986 +3.3%$44,120 +2%
        2019$1,922 +6.5%$43,256 +2%
        2018$1,805 +12%$42,409 +2%
        2017$1,612 +7.6%$41,578 +2%
        2016$1,499 +6.7%$40,764 +1.5%
        2015$1,404 $40,153 +2%
        2014$1,404 $39,368 +0.5%
        2013-- $39,191 +2%
        2012-- $38,423
        2011-- $38,423 +2.8%
        2010-- $37,389 -0.2%
        2009-- $37,479 +2%
        2008-- $36,745 +2%
        2007-- $36,026 +2%
        2006-- $35,320
        2005-- $35,320 +4%
        2004-- $33,950 +1.9%
        2003-- $33,329 +2%
        2002-- $32,677 +2%
        2001-- $32,037 +2%
        2000-- $31,409
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 94063

        Getting around

        82 / 100
        Very Walkable
        79 / 100
        Very Bikeable

        Nearby schools

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

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

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