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ActiveMulti-Family

$1,650,000

1833 Redwood Ave, Redwood City 94061

Beds5
Baths3
Sqft2,438
DOM6
No Photos Available

AddressIntel AI Briefing

With the current house footprint maximizing the parcel, a teardown or lot split is highly unfeasible. The optimal play is a high-end interior cosmetic renovation to command strong market pricing. This route keeps capital expenditure low while targeting the block's family-oriented buyers.

Property Permit History

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

Recent Neighborhood Remodeling (Redwood City)

2026-09-24 • 890 EDGEWOOD RD
FIRE BUILDING
--Issued
2026-09-24 • 816 SEAL POINTE DR
ALTERATIONS_RESIDENTIAL
--Issued
2026-09-24 • 767 MEDITERRANEAN LN
ALTERATIONS_RESIDENTIAL
--Issued
2026-09-24 • 200 LATHROP ST
CONSTRUCTION PERMITS
--Approved
2026-09-24 • 681 UPLAND RD
FIRE BUILDING
--Issued
2026-09-24 • 401 GRAND ST
CONSTRUCTION PERMITS
--Approved

Parcel & Zoning Info

APN059015070
Official Lot Sqft5,133
Zoning CodeNO DATA ASSIGNED
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. Liquefaction and fault flags: modified from California Geological Survey, Web Service of Official Maps of Alquist-Priolo Earthquake Fault Zones and Web Service of Official Maps of Seismic Hazard Zones (2025).

Nearby Public Schools

Elementary School

Roosevelt Elementary

Redwood City Elementary

0.5 miles away
Middle School

John F. Kennedy Middle

Redwood City Elementary

0.4 miles away
High School

Sequoia High

Sequoia Union High

1.3 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

79/100

Based on recent sales velocity and local demand in 94061.

Flippability Score

15/100

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

Bidding War Prob.

41%

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): $597/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. Sized within 25% of the 3,700 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.

Interest on the purchase price for the whole project plus half the build budget, since construction draws ramp up. The default is 7% over 33 months, the median purchase-to-sale time of 239 real Peninsula and South Bay rebuilds. Set the rate to 0 for a cash purchase, or use your own lender's terms.

Hard Costs$2,035,000
New Build3,700 sqft
Total Capital Required$3,860,000
Estimated Resale (ARV)$2,319,900
Cost of Sale (5%)-$115,995
Carry (33mo @ 7%)-$530,338
Net Proceeds$1,673,568

Projected Profit

-$2,186,433
-56.6% ROI

Warning: Project is mathematically underwater.

Recent Comparables (Redwood City 94061)

Sized to the modelled 3,700 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

177 Poplar Ave

Sold
$1,600,000
Sold: 2026-10-15
Lot: 7,500
Sqft: 4530
$/Sqft: $353

1519 Hawes Ct

Sold
$1,928,000
Sold: 2026-09-17
Lot: 7,380
Sqft: 3092
$/Sqft: $624

1661 Kansas St

Sold
$2,350,000
Sold: 2026-09-11
Lot: 7,970
Sqft: 4098
$/Sqft: $573

110-112 Wheeler Ave

Sold
$1,900,000
Sold: 2026-09-09
Lot: 6,000
Sqft: 3248
$/Sqft: $585

1119 Madison Ave

Sold
$2,075,000
Sold: 2026-08-20
Lot: 10,575
Sqft: 3275
$/Sqft: $634

1164 Clinton St

Sold
$1,850,000
Sold: 2026-08-03
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Sqft: 3034
$/Sqft: $610

69-71 Nueva Ave

Sold
$2,150,000
Sold: 2026-07-20
Lot: 8,220
Sqft: 3013
$/Sqft: $714

1618-1620 Union Ave

Sold
$2,200,000
Sold: 2026-06-10
Lot: 11,368
Sqft: 3100
$/Sqft: $710

1317 Saint Francis St

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

1572 Regent St

Sold
$1,793,000
Sold: 2025-11-10
Lot: 6,380
Sqft: 3110
$/Sqft: $577

1207 Roosevelt Ave

Sold
$1,650,000
Sold: 2025-10-14
Lot: 8,400
Sqft: 3834
$/Sqft: $430

1334 Norman St

Sold
$1,725,000
Sold: 2025-10-03
Lot: 5,000
Sqft: 3090
$/Sqft: $558