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1119 Madison Ave, Redwood City, CA, 94061

4beds
4baths
3,275sqft
$1,995,000
$609price/sqft
$12,816/moest. monthly cost
$512,640/yrincome needed

About This Home

Discover 2 incredible home for less than the price of one! This meticulously maintained legacy property has been in the same family for more than 40 years and is now ready you!! If you enjoy timeless tradition, the front home with 2 bedrooms and 2 baths (built in 1931) has wood, warmth, charm, and function either as a primary residence or for tenants to call home for year's decades! The photos don't lie!! Next, the back home with 2 bedrooms and 2 baths offers spacious rooms, soaring ceilings, abundant light, and a massive backyard! All are ready for personal occupancy or trouble free investment! Each home features a spacious two car garage along with laundry room rooms and so much more! Easy access to Silicon Valley or San Francisco with Highway 101 or 280 a breeze to get to! Put this amazing property at the top of your must see list!

Getting Around

58
WalkingSomewhat Walkable
0
TransitVery Limited Transit
52
BikeBikeable

Schools

4/10
7/10
Sequoia High SchoolGrades 9-120.7 mi

Construction

Condition

  • Year built: 1931

Materials

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex,Residential Income

Interior

Appliances

  • Appliances included: Dishwasher,Exhaust Fan,Disposal,Gas Oven/Range,Refrigerator,Washer/Dryer Some Units

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4

Features

  • High Ceilings,Vaulted Ceiling(s)
  • Door features: None
  • Flooring: Carpet,Hardwood,Tile

Heating & Cooling

  • Heating features: Central Forced Air Gas
  • Cooling features: Ceiling Fan(s)

Interior Area

  • Total structure area: 3,275
  • Total interior livable area: 3,275 sqft

Kitchen

  • Features: Countertop_SolidSurfceCorian, ExhaustFan

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 053013050
  • Zoning: R20000
  • Special condition: Standard

Features

  • Stories: 1

Lot

  • Lot size: 10,575 sqft
  • Features: Level

Parking

  • Total spaces: 4
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4
  • Carport: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding

FEMA Declared Disasters in San Mateo County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $10,087$121,044
Home Insurance *$154$1,848
Property Taxes $1,873$22,476
Electricity $702$8,427
Total$12,816$153,792
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$439,405/yr
40% on housing$384,480/yr
45% on housing$341,760/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.1%
7.1%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$609This listing

vs Other Active Listings

Avg $/sqft

ZIP 94061$823
San Mateo County$915

vs Homes Sold Last Month

Median $/sqft

ZIP 94061$1,225
San Mateo County$1,106

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-04Pending sale$1,995,000
2026-07-23Listed for sale$1,995,000

For Sale by Agent

AgentAlex Lehr
BrokerageGuide Real Estate

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