Back to Search
ActiveMulti-Family

$1,325,000

1612 Redwood Ave, Redwood City 94061

Beds2
Baths2
Sqft1,628
DOM6
No Photos Available

AddressIntel AI Briefing

Because SB 9 is not applicable and liquefaction acts as a geotechnical blocker, this property lacks advanced density pathways. The tight spread between list price and size-matched comps limits standard redevelopment viability. A traditional cosmetic update and hold strategy is the most practical choice given the localized market constraints.

Property Permit History

No permit history found directly associated with this property's address.

Recent Neighborhood Remodeling (Redwood City)

2026-09-041801 KENTFIELD AVE
SOLAR APP PLUS
--Issued
2026-09-032668 WASHINGTON AVE
SOLAR
--Issued
2026-09-03871 WILLOW ST
CELL SITE OR ANTENNA
--Issued
2026-09-033523 HIGHLAND AVE
ALTERATIONS_RESIDENTIAL
--Issued
2026-09-0324 LIDO CIR
DEMOLITION
--Issued
2026-09-03902 STONY HILL RD
SOLAR
--Issued

Parcel & Zoning Info

APN059021080
Official Lot Sqft4,987
Zoning CodeR-2
SB 9 StatusN/A

Hazard Snapshot

Flood Zone

X
Area of minimal flood hazard.

Fire Severity

None
Not in a mapped state fire severity zone.

Liquefaction

Yes
In a mapped liquefaction zone. May require specialized foundation engineering.

Fault Zone

No
Not in a mapped Alquist-Priolo fault zone.

Not a substitute for a Natural Hazard Disclosure (NHD) report. Zones reflect available GIS data and may not cover all localities.

Nearby Public Schools

Elementary School

Rocketship Redwood City

Redwood City Elementary

0.4 miles away
Middle School

John F. Kennedy Middle

Redwood City Elementary

0.5 miles away
High School

Sequoia High

Sequoia Union High

1.2 miles away

School boundaries are subject to change. Nearest school distance does not guarantee enrollment eligibility. Check with the local district. Data provided by CDE.

Proprietary Intelligence

Market Heat Index

82/100

Based on recent sales velocity and local demand in 94061.

Flippability Score

40/100

Measures neighborhood renovation density vs. recent permits on this property.

Bidding War Prob.

44%

Likelihood of multiple offers based on local list-to-sale ratios and DOM.

Proforma ROI Calculator

Back-of-the-napkin deal analysis across development strategies.

Median of 12 recent multi-family sales in Redwood City (94061): $659/sqft. Sized within 25% of the 2,400 sqft build, because smaller houses sell for more per foot and pricing a rebuild off them overstates resale.

Commission, transfer tax and closing. Deducted from resale before profit, so the ROI below is net of the exit rather than gross.

Carry on total capital for the project duration. At 0% the model is a cash purchase; 12 months at a typical construction-loan rate moves ROI by 6 to 10 points on a deal this size, so price it with your real rate.

Hard Costs$1,320,000
New Build2,400 sqft
Total Capital Required$2,820,000
Estimated Resale (ARV)$1,581,600
Cost of Sale (5%)-$79,080
Net Proceeds$1,502,520

Projected Profit

-$1,317,480
-46.7% ROI

Warning: Project is mathematically underwater.

Recent Comparables (Redwood City 94061)

Sized to the modelled 2,400 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

248 Redwood Ave

Sold
$2,100,000
Sold: 2026-08-27
Lot: 12,632
Sqft: 1904
$/Sqft: $1,103

124 Oakwood Dr

Sold
$1,985,000
Sold: 2026-08-10
Lot: 6,493
Sqft: 2241
$/Sqft: $886

1833 Redwood Ave

Sold
$1,270,000
Sold: 2026-07-30
Lot: 5,168
Sqft: 2438
$/Sqft: $521

114 Bonita Ave

Sold
$1,250,000
Sold: 2026-07-24
Lot: 5,480
Sqft: 2025
$/Sqft: $617

1104 Ebener St

Sold
$1,595,000
Sold: 2026-06-01
Lot: 7,013
Sqft: 2080
$/Sqft: $767

153 Wheeler Ave

Sold
$1,600,000
Sold: 2026-05-01
Lot: 5,150
Sqft: 2360
$/Sqft: $678

1317 Saint Francis St

Sold
$2,575,000
Sold: 2026-03-11
Lot: 7,758
Sqft: 2868
$/Sqft: $898

1522 Hudson St

Sold
$1,425,000
Sold: 2026-01-15
Lot: 6,000
Sqft: 2389
$/Sqft: $596

1029 Redwood Ave

Sold
$1,630,000
Sold: 2026-01-13
Lot: 7,061
Sqft: 2548
$/Sqft: $640

629 Cleveland St

Sold
$1,800,000
Sold: 2025-12-02
Lot: 5,850
Sqft: 2244
$/Sqft: $802

1125 McKinley St

Sold
$1,050,000
Sold: 2025-11-12
Lot: 5,700
Sqft: 2151
$/Sqft: $488

1148 Saint Francis St

Sold
$1,315,000
Sold: 2025-10-30
Lot: 4,326
Sqft: 2410
$/Sqft: $546