Property Overview:
112 Redwood Ave is a residential property in Redwood City, CA (94061), built in 1920. The property sits on a large 9,400 sq. ft. lot and features two detached buildings:
- Front unit: 3 bedrooms, 2 bathrooms
- Back unit: 1 bedroom, 1 bathroom (not included in main square footage)
The main home offers 1,130 sq. ft. of living space, a parking garage, and central heating.
Estimated home value: $1,616,000 (last sold for $1,380,000 in 2018).
Great opportunity for investors or homeowners—potential for income property or multifamily rebuild.
Neighborhood Highlights:
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Population:
- 35,340 residents (3% growth since 2000)
- 64% families with children
- Largest age groups: 35-44 (15.98%), 25-34 (15.44%)
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Crime Rate:
- Personal crime risk: 6.1% (lower than state average of 11.8%)
- Property crime risk: 8.4% (lower than state average of 10.8%)
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Schools:
- Nearby: Hoover Elementary, North Star Academy, Sequoia High
- Average SAT score: 1069 (higher than state average of 975)
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Job Market:
- 62.3% white-collar jobs, 37.7% blue-collar jobs
- Unemployment rate: 2.5% (lower than state average of 4.7%)
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Cost of Living:
- Median household income: $74,862
- Average annual spending: $56,499
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Natural Disaster Risk:
- Moderate flood risk
- Low tornado risk
- High earthquake risk
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Weather:
- Average temperature: 52.0°F (January), 83.5°F (July)
- Average rainfall: 18.4 inches/year
- Average snowfall: 0 inches/year
Property Features:
- Duplex setup with two detached units
- Front unit: 3 bedrooms, 2 bathrooms
- Back unit: 1 bedroom, 1 bathroom (not included in main sq. ft.)
- Parking garage and central heating
- Large 9,400 sq. ft. lot with potential for income property or multifamily development
- Buyer’s agent compensation: 2.0%
- Contact seller: arthur701023@gmail.com
- Do not disturb tenants
Location Benefits:
- Family-friendly community with strong school options
- Safe neighborhood with lower-than-average crime rates
- Strong job market and low unemployment
- Convenient access to local amenities and schools
- Great investment potential for rental income or redevelopment