$335,000 instant equity waiting for you in Redwood City house
$249,900
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Beds: 2 Baths: 1 Sq. Ft.: 930 $/Sq. Ft.: $269 Lot Size: 3,306 Sq. Ft. Property Type: Detached Single Family Style: Ranch Stories: 1 View: Neighborhood Year Built: 1918 Community: Central Park County: San Mateo MLS#: 81005399 Source: MLSListings Status: Active On Redfin: 23 days 2 bedrooms & 1 bath, fireplace in living room, cozy kitchen with tile counters, separate eating area, indoor laundry, 1 car detached garage & more. Property in need of repairs.
Thanks to Burbed reader Nate for this find!
Here’s what Nate had to say:
While many parts of the Peninsula RE market remain near their highs, it looks like the market for 90+ year old shacks on tiny lots in Redwood City is more than 50% off the prices paid during the bubble.
Let’s take a look!
Hello instant equity!
It’s clear to me that Redwood City has reached the absolute bottom. At $269 per square foot, this can’t get any lower. I mean heck, this is practically being given away. Now sure it needs some repairs… but hey its cozy! Cozy! Can you say that about any other 930 sqft house?
It’s only a matter of time before this returns to its $629 per square foot glory. Maybe it’s waiting for you! Some pergo, some granite, some steel – BOOM! This house will take off!
What are you waiting for?


