517 Vera AVE, Redwood City, CA 94061
- $2,890,000
- 6,249
- SqFt
Listed by Jimmy Castellanos, 408-483-5040 from Marcus & Millichap
(If provided) CoList: AJ Decristoforo from Marcus & Millichap
Sold listing courtesy of Chee Lee from SJGS05
- Sold Price
- $2,890,000
- List Price
- $2,890,000
- Closing Date
- Oct 03, 2025
- MLS#
- ML82020310
- Status
- SOLD
- Sqft. of Residence
- 6,249
- Lot Size
- 6,980
- Listing Area
- Central Park Etc.
- Year Built
- 1964
Property Description
Marcus & Millichap is excited to present 517 Vera Ave, a boutique 6-unit multifamily community in Redwood City, one of the Bay Areas most dynamic submarkets. Five of the six apartment homes have been meticulously renovated, blending modern design with functional layouts and luxury-inspired finishes. Current average rents of $2,810 per month provide durable in-place income with a projected 10% rental upside. Two ground-floor units feature private patios or expansive backyards, while four upper-level units enjoy spacious balconies, enhancing tenant appeal. The property is within walking distance of Caltrain, offering unmatched regional access for Peninsula commuters.
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Additional Information
- Acres
- 0.16
- Age
- 61
- Cooling System
- Window / Wall Unit
- Days On Market
- Unknown
- Floor Covering
- Vinyl / Linoleum
- Foundation
- Concrete Perimeter
- Garage Parking
- Carport, Off-Street Parking
- Heating System
- Central Forced Air
- Laundry Facilities
- Coin Operated
- Living Area
- 6,249
- Lot Size
- 6,980
- Neighborhood
- Central Park Etc.
- Other Utilities
- Individual Electric Meters, Individual Gas Meters, Public Utilities
- Roof
- Composition, Shingle
- Sewer
- Sewer - Public
- Zoning
- R-4
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