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.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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.
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