Located in the heart of the San Francisco Peninsula, 345 1st Avenue in Redwood City presents an opportunity for buyers seeking an affordable entry into one of the Bay Area's most desirable real estate markets. Whether you're a first-time homebuyer, investor, or someone looking for a property with future potential, this residence offers the value of location, convenience, and long-term appreciation in a city that continues to experience strong demand.
Built in 1954, this single-story home features 3 bedrooms, 1 bathroom, approximately 790 square feet of living space, and sits on a 2,500-square-foot lot. While modest in size, the efficient floor plan provides comfortable living and serves as an excellent canvas for updating, remodeling, or personalizing to fit today's lifestyle. The attached garage and off-street parking add functionality rarely found in homes at this price point.
The true appeal of this property lies in its exceptional location. Redwood City has become one of Silicon Valley's most sought-after communities thanks to its central position between San Francisco and San Jose. Residents enjoy convenient access to Highway 101, Interstate 280, Caltrain, and major employers including Meta, Google, Oracle, Stanford University, and numerous technology companies throughout the Peninsula. This connectivity makes commuting simple while maintaining the charm of a well-established neighborhood.
Downtown Redwood City is just minutes away and offers an impressive collection of restaurants, coffee shops, boutiques, entertainment venues, and community events. Courthouse Square serves as the city's gathering place, hosting concerts, outdoor movies, farmers markets, and seasonal festivals throughout the year. The area has undergone significant revitalization over the past decade, creating a vibrant downtown atmosphere that continues to attract new residents and businesses.
The surrounding neighborhood provides everyday conveniences within walking distance, including neighborhood markets, restaurants, parks, and schools. The property's walkable location enhances its appeal for buyers seeking an urban lifestyle without sacrificing the privacy of single-family home ownership.
From an investment perspective, Redwood City has consistently demonstrated strong property values due to limited housing inventory and continued employment growth throughout Silicon Valley. Smaller homes such as 345 1st Avenue are increasingly attractive to buyers looking for an affordable foothold in an otherwise expensive market. The property also offers potential for thoughtful improvements that could increase both functionality and long-term value, subject to local zoning and permitting requirements.
Whether you're looking to renovate, invest, or simply enjoy the benefits of homeownership in one of the Bay Area's strongest markets, 345 1st Avenue represents an opportunity to build equity in a community known for its resilience and enduring desirability. With its prime Peninsula location, practical floor plan, and proximity to world-class employment centers, transportation, shopping, dining, and recreation, this home offers an excellent combination of value, convenience, and future potential. Buyers who recognize the importance of location will appreciate the opportunity to own a piece of Redwood City, where demand continues to outpace supply and long-term appreciation has remained a defining characteristic of the local real estate market.
This is a fixer property and is priced accordingly. A great opportunity to get some sweat equity! There is access to the back of the property off of Berkshire Ave, which could provide some creative development opportunity...check with the city on building a duplex for a better return on investment. There is a two car garage and two off street parking places, which is in high demand in this area.
