1029 Redwood Ave

$1,595,000
Price
4
Beds
2,548 Sq. Ft.
$626 / Sq. Ft.
2,548
Sq. Ft.
$626
per Sq. Ft.

Description

Improved asking price! Take advantage now. Welcome to the Palm Park neighborhood in Redwood City, where you can own your first income property or expand your existing portfolio. Additionally, you can live in one unit while managing the other. Become both a homeowner and a landlord at the same time! This property offers strong lifestyle and investment potential in Redwood City. The versatile property features two spacious units with two bedrooms, one bathroom, and an attached one-car garage. The units...Improved asking price! Take advantage now. Welcome to the Palm Park neighborhood in Redwood City, where you can own your first income property or expand your existing portfolio. Additionally, you can live in one unit while managing the other. Become both a homeowner and a landlord at the same time! This property offers strong lifestyle and investment potential in Redwood City. The versatile property features two spacious units with two bedrooms, one bathroom, and an attached one-car garage. The units share a long driveway; each garage has a washer, dryer, and additional storage space. The property is separately metered for water, gas, and electricity, making it an ideal choice for owner-occupants seeking to offset their mortgage with rental income or investors looking for a high-performing asset. This property has a proven track record of rental success. It is just steps from Red Morton Park and minutes from shopping, schools, and downtown amenities. It is in one of the Peninsula's most stable investment neighborhoods.
  1. Listed by Jaime E Peraza • DRE #01479258 • Brokerage DRE #01301322 • Century 21 Baldini Realty
  2. Listed by Daylenis Hernandez • DRE #02196739 • Brokerage DRE #01301322 • Century 21 Baldini Realty

Property Details for 1029 Redwood Avenue

Parking Features
Attached
Architectural Style
Ranch
Cross Street
Gordon St
Total Parking Spaces
2
LISTING UPDATED: 12/09/2025 02:04 PM

Property Details for 1029 Redwood Avenue

StatusActive
MLS #425079879
Days on Compass68
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1955
Lot Size0.16 AC / 7,061 SF
CountySan Mateo County

Location

Listing Courtesy of Century 21 Baldini Realty, Jaime E Peraza, DRE #01479258; Century 21 Baldini Realty, Daylenis Hernandez, DRE #02196739
Add your commute

Building Information for 1029 Redwood Avenue

Stories1Residences2Year Built1955Building Size-Lot Size0.16 AC / 7,061 SF

Payment Calculator

$9,518 per month

30 year fixed, 6.28% Interest

Principal and Interest

$7,881

Property Taxes

$1,637

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1029 Redwood Avenue

Summary
Location and General Information
  • Area/District: Redwood City
  • Area Short Display: 13H
  • Topography: Trees Few
  • Location Description: Redwood City
Taxes and HOA Information
  • APN: 059-034-030
  • City Transfer Tax Rate: .00%
  • County Transfer Tax Rate: .00%
  • Association: No
School Information
  • School District (County): San Mateo
  • Senior High School District: San Mateo COE
Parking
  • Covered Spaces: 0
  • Independent Parking Spaces: 0
  • Carport Spaces: 0
  • Garage Spaces: 2
  • Tandem Parking Spaces: 0
  • Open Parking Spaces: 0
  • Num of Parking Spaces: 2.0
  • Parking: Attached
Virtual Tour
  • Virtual Media Count: 0
Property
Lot Information
  • Square Footage Source: Assessor Auto-Fill
  • Year Built Source: Assessor Auto-Fill
  • Lot Size Source: Assessor Auto-Fill
  • Lot Features: Sidewalk
Property and Assessments
  • Property Condition: Updated/Remodeled, Varies by Unit
  • Possession: Close of Escrow
  • Special Zones: See Attached Docs
  • Picture Count: 29
  • Photos Provided By: Agent
  • Elevation: 0
  • Disclosures/Documents: See Remarks
  • Units Furnished: None
Green Features
  • Green Verification Year: 0
Utilities
  • Separate Meters: Gas, Water
  • Sewer: Public Sewer
  • Utilities: City, Sewer In & Connected
  • Water Source: Public, Water District
Interior and Exterior Features
Exterior Features
  • Elevation Units: Feet
  • # of Floors: 0
  • # of Guest Space(s): 0
  • # Of Buildings: 0
  • Construction Materials: Stucco, Wood, Other
  • Foundation: Concrete Perimeter
  • Stories: 1
  • Exterior Features: Fenced Yard
  • Window Features: Dual Pane Full, Window Screens
  • Security Features: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Roof: Composition, Shingle
Interior Features
  • Heating: Wall Furnace
  • Appliances: Free Standing Gas Range, Free Standing Refrigerator, Gas Water Heater
  • Laundry Features: In Each Unit, Hookups Only
  • Cooling: Ceiling Fan(s)
  • Flooring: Simulated Wood, Vinyl, Other
  • Full Bathrooms: 0
  • # of Rooms: 8
Room Information
1 Bedroom Unit
  • # of 1 Bedroom Units: 0
  • 1 Bedroom Annual Occupancy: .00%
  • # of 1 Bedrooms Occupied: 0
2 Bedroom Unit
  • # of 2 Bedroom Units: 2
  • 2 Bedroom Annual Occupancy: .00%
  • # of 2 Bedrooms Occupied: 1
3 Bedroom Unit
  • # of 3 Bedroom Units: 0
  • 3 Bedroom Annual Occupancy: .00%
  • # of 3 Bedrooms Occupied: 0
4 Bedroom Unit
  • # of 4 Bedroom Units: 0
  • 4 Bedroom Annual Occupancy: .00%
  • # of 4 Bedrooms Occupied: 0
Multi Family
Income & Expenses
  • Gross Rent Multiplier: 18.62
  • Gross Income Multiplier: 0.0
  • Utilities Expense: 0.0
Multi-Family Information
  • # Commercial Units: 0
  • Total # Owner Occupied: 0
  • # Studios Occupied: 0
  • # of Studio Units: 0
  • # of Units: 2
  • # Of Units Total: 2
  • # Of Units Vacant: 1
  • # Of Units Leased: 1
  • Total # Leasable: 0
  • Total # Section 8: 0
Unit 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Description: VACANT/Updated
  • Unit 1 Full Baths: 1
  • Unit 1 Partial Baths: 0
  • Unit 1 Identification: 1029 Redwood Ave
  • Unit 1 Occupancy: Vacant
  • Unit 1 Rent: $.00
  • Unit 1 Approx SqFt: 1274.0
  • Unit 1 SqFt Source: Tax Record
  • Unit 1 # of Rooms: 4
Unit 2
  • Unit 2 Bedrooms: 2
  • Unit 2 Description: Tenants occupied (Family of 4)
  • Unit 2 Full Baths: 1
  • Unit 2 Partial Baths: 0
  • Unit 2 Identification: 1021 Redwood Ave
  • Unit 2 Occupancy: Tenant
  • Unit 2 Rent Source: Estoppel
  • Unit 2 Rent: $3,570.00
  • Unit 2 Approx SqFt: 1274.0
  • Unit 2 SqFt Source: Tax Record
  • Unit 2 # of Rooms: 4
Unit 3
  • Unit 3 Bedrooms: 0
  • Unit 3 Full Baths: 0
  • Unit 3 Partial Baths: 0
  • Unit 3 Rent: $.00
  • Unit 3 Approx SqFt: 0.0
  • Unit 3 # of Rooms: 0
Unit 4
  • Unit 4 Bedrooms: 0
  • Unit 4 Full Baths: 0
  • Unit 4 Partial Baths: 0
  • Unit 4 Rent: $.00
  • Unit 4 Approx SqFt: 0.0
  • Unit 4 # of Rooms: 0
Rental
Rent Information
  • Lease Term: Month To Month
  • # Of Units Month to Month: 1
  • Studio Annual Occupancy: .00%

Property History for 1029 Redwood Avenue

DateEvent & SourcePriceAppreciation
Nov 12, 2025

Price Change

RESFAR #425079879

$1,595,000
Oct 8, 2025

Listed (Active)

RESFAR #425079879

$1,695,000
Feb 15, 2022

Sold

RESFAR #81873170

$1,700,000
Feb 15, 2022

Sold

MLSListings #ML81873170

$1,700,000
Feb 15, 2022

Sold

EBRD #ML81873170

$1,700,000
Feb 8, 2022

Sold (Public Record)

Public Record #1484429452

$1,700,000

+5.0% / yr

Jan 20, 2022

Pending

EBRD #ML81873170

Jan 20, 2022

Pending

MLSListings #ML81873170

Jan 20, 2022

Pending

RESFAR #81873170

Jan 8, 2022

Listed (Active)

MLSListings #ML81873170

$1,595,000
Jan 8, 2022

Listed (Active)

RESFAR #81873170

$1,595,000
Jan 8, 2022

Listed (Active)

EBRD #ML81873170

$1,595,000
Jun 14, 2005

Sold (Public Record)

Public Record #160270031

$750,000
DateEvent & SourcePrice
11/12/2025

Price Change

RESFAR #425079879

$1,595,000
10/08/2025

Listed (Active)

RESFAR #425079879

$1,695,000
02/15/2022

Sold

RESFAR #81873170

$1,700,000
02/15/2022

Sold

MLSListings #ML81873170

$1,700,000
02/15/2022

Sold

EBRD #ML81873170

$1,700,000
02/08/2022

Sold (Public Record)

Public Record #1484429452

$1,700,000

+5.0% / yr

01/20/2022

Pending

EBRD #ML81873170

01/20/2022

Pending

MLSListings #ML81873170

01/20/2022

Pending

RESFAR #81873170

01/08/2022

Listed (Active)

MLSListings #ML81873170

$1,595,000
01/08/2022

Listed (Active)

RESFAR #81873170

$1,595,000
01/08/2022

Listed (Active)

EBRD #ML81873170

$1,595,000
06/14/2005

Sold (Public Record)

Public Record #160270031

$750,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1029 Redwood Avenue

Taxable ValueLand$1,273,449Additions$530,604Total$1,804,053
Tax Record2024$19,645 ($1,637 / month)
Home Facts
Baths2Total Finished SqFt2,548 SqFtAbove Grade Finished SqFt2,548 SqFtStories1Lot Size7,060 SqFtStyleDuplexYear Built1955ZoningR20000CountySAN MATEOAPN059-034-030Fireplace TypeHas Fireplace

Schools near 1029 Redwood Avenue

This home is within Redwood City Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Henry Ford Elementary School
PublicK to 5

John F. Kennedy Middle School
Public6 to 8

Woodside High School
Public9 to 12

Rocketship Redwood City
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1029 Redwood Avenue is a multi-family home for sale in Redwood City, CA 94061. This property was listed for sale on October 8, 2025 by Century 21 Baldini Realty, it's currently listed at $1,595,000. It has been on the market for a total of 68 days and was last sold on February 15, 2022. This listing's school districts are Redwood City Elementary School District, Sequoia Union High School District. Nearby schools include Henry Ford Elementary School, John F. Kennedy Middle School and Woodside High School. 1029 Redwood Avenue is a 4-bed, 2-bath, 2,548 sqft multi-family home built in 1955.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 Baldini Realty, Jaime E Peraza, DRE #01479258; Century 21 Baldini Realty, Daylenis Hernandez, DRE #02196739

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.