13 days on rocket

Backup Offers

690 Carlos Ave, Redwood City, CA, 94061

$1,585,000

Home List Price

$10,000*

Closing Credit

0 Baths
2,065 SqFt
$768/SqFt
Multi

Location

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690 Carlos Ave, Redwood City$1,585,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingCarport
Garage2 spaces
Year Built1933
HeatingCentral
CoolingNone
MLS #ML81985521
Lot Size0.19 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 690 Carlos Ave

Located at 690 Carlos Avenue, this unique property includes a duplex (units 690 & 694 Carlos) plus a two-bedroom cottage (185 Nueva Ave), offering three units totaling approximately 2,065 sq. ft. on a spacious 8,220 sq. ft. lot. Each unit features thoughtfully designed, comfortable interiors, while the outdoor spaces provide ideal settings for enjoying Redwood City's sunny climate. Situated in a highly desirable area with convenient access to Caltrain, shopping, dining, and parks, this property is perfect for investors seeking reliable income or those desiring a flexible multi-unit setup. Currently generating $6,800/month in rental income, this property is a solid investment in the vibrant Bay Area.

Property Details

Property Features

Property Information:

  • Year Built: 1933
  • Stories: 1
  • Living Area: 2,065 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (408) 358-1111
  • Listing Agent: Robert Gosalvez

Interior Features

Interior Information:

  • Flooring Type: Carpet, Laminate

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Carport

Virtual/3D Tour

  • Virtual Tour: 690 Carlos Ave
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: None

Other

Directions Information:

  • Directions: Cross Street: Orchard Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,585,000
  • Price Per SqFt: $768/SqFt

Tax Information:

  • Annual Amount: $3,242
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Redwood City, CA.

Med. Sold Price

$1.7M

Med. Price/SqFt

$1,103

Avg. Days On Market

21

# of Sold Homes

49

690 Carlos Ave vs Redwood City

13 DAYS ON ROCKET

-8 Days

$1,585,000

-$178.5K Less

$768/SqFt

-$335 Less

KEY TAKEAWAY

This property is $178.5K less than the Median Sold Price and $335/SqFt less than other homes in Redwood City, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #ML81985521

Listing Office:

  • Office Name: Compass
  • Office Phone: (408) 358-1111
  • Listing Agent: Robert Gosalvez

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 7:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,242$290,329
2020$3,230$287,353
2019$3,148$281,720
2018$3,149$276,197
2017$3,116$270,782

History based on county public records data.

Payment Calculator

$7,978

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,818

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-528336
6
/10
  • Adelante Selby Spanish Immersion

  • 170 Selby Ln

  • 0.58 miles

  • Public District Grades KG-5

school-card-donut-528337
5
/10
  • Rocketship Redwood City

  • 909 Roosevelt Ave

  • 0.81 miles

  • Public Charter Grades KG-5

school-card-donut-528338
5
/10
  • Henry Ford Elementary School

  • 2498 Massachusetts Ave

  • 1.01 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $82,532. Most Redwood City, CA residents have annual incomes between $35k-100k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesCaliforniaSan Mateo CountyRedwood City94061690 Carlos Ave

This home is located at 690 Carlos Ave in Redwood City, CA and zip code 94061 in the Redwood Oaks neighborhood. This 2,065 square foot home, which was built in 1933, sits on a 0.19 acre lot. It has been listed on Rocket Homes since November 02, 2024 and is currently priced at $1,585,000.

While more than 27 listings in Redwood City, CA in October 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 17 were sold below. The inventory of homes for sale in Redwood City, CA between September 2024 and October 2024 increased by 10.4%. Listings spent 21 days on the market in October 2024, and had a median list price of $1,763,555 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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