441 Vera AVE, Redwood City, CA 94061
- $1,950,000
- 8
- BD
- 2,974
- SqFt
Listed by Mariaelena Diaz, 510-376-3634 from eXp Realty of California Inc
(If provided) CoList: from
Sold listing courtesy of RECIP from RCIP
- Sold Price
- $1,950,000
- List Price
- $1,998,000
- Closing Date
- Aug 08, 2025
- MLS#
- ML82011997
- Status
- SOLD
- Zoning
- R1
- Sqft. of Residence
- 2,974
- Lot Size
- 11,005
- Listing Area
- Central Park Etc.
Property Description
Rare Four-Unit Investment Opportunity in Central Redwood City Discover the ultimate "live smart" scenario with this exceptional four-unit property at 441 Vera Ave. This investment offers immediate cash flow of $7,500 per month from two fully-leased units, while two units are completely vacant providing opportunity for owner occupancy. The Numbers Work: With current rental income of $7,500 monthly and estimated mortgage payment of $11,555, an owner-occupant can live in a vacant unit while existing rental income significantly offsets the mortgage. Development Upside: Quarter-acre lot with R4 zoning offers potential for expansion up to seven units total. Prime Location: Central Park neighborhood provides easy Caltrain access and proximity to major Silicon Valley tech employers. Property Description - Four-unit property generating $7,500 monthly. Live in vacant unit while rental income covers mortgage. 2 units vacant. R4 zoning allows 7 units. Prime location.
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Additional Information
- Acres
- 0.25
- Age
- 102
- Cooling System
- None
- Days On Market
- Unknown
- Foundation
- None
- Garage Parking
- Off-Site Parking
- Heating System
- Wall Furnace
- Living Area
- 2,974
- Lot Size
- 11,005
- Neighborhood
- Central Park Etc.
- Other Utilities
- Public Utilities
- Roof
- Other
- Sewer
- Sewer - Public
- Unincorporated Yn
- Yes
- Zoning
- R1
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