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About this home
2916 Curtis Avenue offers a rare opportunity to acquire a well located four unit apartment building in one of the Peninsulas most consistently strong rental markets with an option to convert the garage into an ADU that could bring $4200 per month in additional income. The property features three 2 bedroom, 1 bath units and one 1 bedroom, 1 bath unit, providing a balanced mix of floor plans that appeal to a wide range of tenants that supports stable occupancy. The property has recently undergone a significant amount of capital improvements including Roof upgrade, sealed with silicone layers | New washer dryer in laundry room with PayRange digital payment system | New 75 gallon, triple braced hot water heater | Fresh paint on building exterior, garage interior | New windows | New electrical panels, moved to hallways from bedroom closets | Raised height of balcony walkway railings to 42 inches, closed off openings, and added handrails | New carpet in units two, three, and four | Crawlspace cleaned out and emptied | As-built existing and proposed four bedroom garage conversion ADU accessory dwellings unit drawings made. These upgrades make the property especially appealing to an investor seeking a low maintenance, easy to manage asset
Multi-familyProperty Type
1971Year Built
5,000 sq ftLot Size
$473Price/Sq.Ft.
4 car garageParking
Listed by Fred Rubio•DRE #01984041• Marcus & Millichap
Fair Oaks, located between Redwood City and Menlo Park, is a residential and light-industrial North Fair Oaks neighborhood with a working-street grid and a creekside edge. The neighborhood’s character concentrates along Middlefield Road near 5th Avenue, where taquerias, panaderías, auto shops, and small markets keep the sidewalks active. Longtime pillars include Taqueria La Cumbre, the Fair Oaks Community Center, and the North Fair Oaks Library. Housing leans to compact mid-century cottages, duplexes, and small apartment courts, with pockets of newer infill. Fair Oaks Avenue and Middlefield form the main commercial spine, while side streets stay quieter and tree-lined. Flood Park and the Bay Trail corridor shape the outdoor rhythm, with flat routes suited to biking and walking.
Provided by Walk Score and Local Logic
Offer insights
2916 Curtis Ave · $2,030,000
$2.03M and above
75% chance or better to win
Why $2.03M+ is a strong offer
DAYS ON MARKET
45 days
The average home goes pending in 19 days.
SALE-TO-LIST
96.5%
Most homes are selling 4% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Secured garage/parking
Other special features (see remarks)
Bedrooms
Unit mix includes three 2-bedroom units and one 1-bedroom unit
Bathrooms
Each unit includes one full bathroom
Kitchen
Kitchens present in each unit (appliances not specified)
Laundry & utility
Individual electric meters
Individual gas meters
Individual water meter
Heating & cooling
Electric heating
Ceiling fan cooling
Exterior features
Flat/low pitch roof
Tenant pays for parking fees and electric utilities
Home design
Two-story building
Single building with four residential units
Zoning: R300S5
Parking
Assigned parking spaces
Attached garage
Four garage spaces / four parking spaces total
Security
Secured garage/parking
Construction
Concrete perimeter foundation and slab
Built as a multi-unit property (year built not specified)
Utilities
Sewer to street
Primary water meter and separate electric meters
Individual water, electric, and gas meters
Financial info
Four units with annual rental income of $133,560 and annual gross income of $141,523
Gross scheduled income $144,411
Other income $10,851
Total expenses $38,805 (including $6,895 other expenses)
Utility expenses $4,200
Vacancy factor: 2
Gross rent multiplier: 14.06
Unit rents: Unit 1 $3,200; Unit 2 $2,800; Unit 3 $2,900; Unit 4 $2,230
Other
Living area reported as 4,292
Property primary ID 583590
Electricity and solar
View estimated energy costs and solar savings for this home
2916 Curtis Avenue offers a rare opportunity to acquire a well located four unit apartment building in one of the Peninsulas most consistently strong rental markets with an option to convert the garage into an ADU that could bring $4200 per month in additional income. The property features three 2 bedroom, 1 bath units and one 1 bedroom, 1 bath unit, providing a balanced mix of floor plans that appeal to a wide range of tenants that supports stable occupancy. The property has recently undergone a significant amount of capital improvements including Roof upgrade, sealed with silicone layers | New washer dryer in laundry room with PayRange digital payment system | New 75 gallon, triple braced hot water heater | Fresh paint on building exterior, garage interior | New windows | New electrical panels, moved to hallways from bedroom closets | Raised height of balcony walkway railings to 42 inches, closed off openings, and added handrails | New carpet in units two, three, and four | Crawlspace cleaned out and emptied | As-built existing and proposed four bedroom garage conversion ADU accessory dwellings unit drawings made. These upgrades make the property especially appealing to an investor seeking a low maintenance, easy to manage asset
MLSListings #ML81643867
May 5, 2017
Sold
$1,530,000
$356/sq ft
May 5, 2017
Sold
$1,530,000
$356/sq ft
Apr 8, 2017
Pending
—
Mar 25, 2017
Listed
$1,650,000
$384/sq ft
Mar 24, 2017
Listed
$1,650,000
$384/sq ft
SDMLS #301697417
May 5, 2017
Sold
$1,530,000
$356/sq ft
Mar 24, 2017
Listed
$1,650,000
$384/sq ft
First time on the market in over 40+ years and was built in the year of 1971. 4 units in an up and coming neighborhood in Redwood City. Located just off Woodside Road between Costco and 5th Ave. north of Menlo Park and the booming Silicon Valley. Includes large units and some have been updated. Hugh garage parking with separate storage closets. There is also a separate laundry room with a coin-op washer and dryer. All units have separate utility service meters for each unit. Total square feet is 4,292 per
First time on the market in over 40+ years and was built in the year of 1971. 4 units in an up and coming neighborhood in Redwood City. Located just off Woodside Road between Costco and 5th Ave. north of Menlo Park and the booming Silicon Valley. Includes large units and some have been updated. Hugh garage parking with separate storage closets. There is also a separate laundry room with a coin-op washer and dryer. All units have separate utility service meters for each unit. Total square feet is 4,292 per county records. Close to shopping, restaurants, markets, downtown, hwys 101 and 280. Don't miss this great opportunity!
Public Records
Aug 31, 1973
Sold
$61,000
$14/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$26,323 (+2.3%)
$1,183,795 + $627,409
$1,811,204
2024
$25,727 (+2.7%)
$1,160,584 + $615,107
$1,775,691
2023
$25,049 (+4.6%)
$1,137,828 + $603,047
$1,740,875
2022
$23,958 (+1.3%)
$1,115,518 + $591,223
$1,706,741
2021
$23,662 (+1.6%)
$1,093,646 + $579,631
$1,673,277
2020
$23,300 (+1.4%)
$1,072,202 + $568,266
$1,640,468
2019
$22,987 (+4.1%)
$1,061,208 + $562,440
$1,623,648
2018
$22,087 (+279.4%)
$1,040,400 + $551,412
$1,591,812
2017
$5,822 (+6.6%)
$34,402 + $107,086
$141,488
2016
$5,463 (+4.1%)
$34,402 + $107,086
$141,488
2015
$5,249 (+2.9%)
$33,728 + $104,987
$138,715
2014
$5,100 (+7.4%)
$32,572 + $101,385
$133,957
2012
$4,747 (+4.7%)
$32,425 + $100,927
$133,352
2011
$4,533 (+6.4%)
$31,790 + $98,949
$130,739
2010
$4,259 (+4.4%)
$31,167 + $97,009
$128,176
2009
$4,078 (+2.3%)
$30,935 + $96,284
$127,219
2008
$3,987
$31,009 + $96,513
$127,522
Public record
Public record
Permits
Beds
7
Baths
4
Stories
2
Lot width
—
Lot depth
—
Lot size
5,000 Sq. Ft.
Year renovated
1971
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
4,292
Year built
1971
Style
Multi-Family (2-4 Unit)
County
San Mateo County
APN
054203080
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 2, 2026.
Apr 11, 2017 • Final
Building
Repair water damage in multiple units. Install new drywall in the living rooms, kitchen, and bathroom. Install a new bathtub surround.
Remodel
Dec 6, 2013 • Final
Building
Remove and replace a furnace.
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 91° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
8/10 Air Factor
16 unhealthy days expected this year, 16 days in 30 years
Provided by First Street
Historical weather
Redwood City, CA • 94063
Average low and high temperatures (°F)
61
45
62
47
68
51
67
51
71
54
73
57
72
57
77
59
76
60
74
56
63
50
59
47
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
69/ 100
Moderate sunlight
Sunscore
There appears to be some shading by surrounding buildings, terrain, and vegetation.
8.7 hrs
4.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 2916 Curtis Ave
$1,971,611
$58K under list price of $2.03M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $1.4M to $2.1M.