Property Overview:
1429 Jefferson Ave is a multi-family home in Redwood City, CA, built in 1925. The property features three units totaling 1,140 sq. ft. of living space:
- Front unit: 1 bedroom, 1 bath, plus additional room/area (approx. 768 sq. ft.)
- Studio unit: Separate kitchen, full bath (approx. 336 sq. ft.)
- Back unit: 2 bedrooms, 1 bath, living area, kitchen (approx. 624 sq. ft.)
Includes two enclosed garage spaces, driveway parking, and a private shared yard. All units are currently occupied.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 4.4% (lower than state average of 11.8%)
- Property crime risk: 7.5% (lower than state average of 10.8%)
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Schools:
Nearby schools: Roosevelt Elementary, McKinley Institute of Technology, Sequoia High- Average SAT score: 1003 (higher than state average of 975)
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Job Market:
- 72.1% white-collar jobs, 27.9% blue-collar jobs
- Unemployment rate: 1.8% (lower than state average of 4.7%)
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Demographics:
- Community population: 24,170 (9% growth since 2000)
- 70% families with children
- Largest age group: 45-54 years (18.86%)
- Second-largest: 35-44 years (13.96%)
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Natural Disaster Risk:
- Moderate flood risk
- Low tornado risk
- High earthquake risk
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Weather:
- Average temperature: 51.5°F (January), 81.4°F (July)
- Average rainfall: 18.1 inches/year
- Average snowfall: 0 inches/year
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Cost of Living:
- Median household income: $154,136
- Average annual spending: $87,712
Property Features:
- Three separate units: Flexible rental options for investors
- Spacious kitchens and living areas
- Studio unit: Full kitchen and bathroom
- Back unit: Above garages, 2 bedrooms, 1 bath, living area, kitchen
- Two enclosed garage spaces plus driveway parking
- Private shared yard for tenants
- Fully renovated (select units): Modern finishes, updated kitchen, hardwood floors, in-unit air conditioning, double-paned windows, LED lighting, newer plumbing/wiring
- Move-in ready and centrally located near downtown, CalTrain, Whole Foods, Safeway, parks, and schools
Location Benefits:
- Prime location: Close to downtown Redwood City and shopping
- Commuter-friendly: Easy access to CalTrain, Highways 280 & 101
- Desirable rental market: High demand due to proximity to amenities and transit
- Family-oriented community with strong schools and parks nearby