515 Oak AVE, Redwood City, CA 94061

$1,468,000
2
BD
1
BA
1,108
SqFt

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Listed by Brian Dakin, 650-483-5760 from Compass
(If provided) CoList: Dana Adams from Compass

Sold listing courtesy of Yan Tian from MXR

Sold Price
$1,468,000
List Price
$1,495,000
Closing Date
Apr 19, 2024
MLS#
ML81954946
Status
SOLD
Bedrooms
2
Total Bathrooms
1
Full Bathrooms
1
Sqft. of Residence
1,108
Additional Sqft.
686
Lot Size
8,771
Listing Area
Central Park Etc.
Year Built
1924

Property Description

Calling all investors and developers or end user's willing to put-in the sweat equity. A great opportunity awaits in the city that claims one of the best climates in the world. In the heart of Redwood City sits a property with tremendous potential. Build your dream home on almost 9000 SqFt lot or create a multi-family complex, sure to stimulate some cash flow, all the while living-in or renting the functional front dwelling while laying out plans of your desired goal. The front house has over 1100 SqFt of living space that can be occupied now or updated and add a bed/bath within the envelope. The city of Redwood City is witnessing lots of transformation & increased values. Just look next door, across the street or down the street and the evolution is happening. Easy access to 101/280, not far from a bustling downtown that has become the place to go for entertainment; music in the square, movies, restaurants, coffee or a stroll. Close to Red Morton Park, Whole Foods, Safeway & Rite AID. *Tenant occupied. Tenant is actively seeking replacement property and may request no more than a 60-day rentback if needed.

Additional Information

Acres
0.20
Age
100
Cooling System
None
Days On Market
Unknown
Family Room
No Family Room
Fence
Fenced, Wood
Floor Covering
Hardwood
Foundation
Concrete Perimeter, Crawl Space, Other
Garage Parking
Detached Garage, Off-Street Parking, On Street, Parking Area
Heating System
Other
Laundry Facilities
Gas Hookup
Living Area
1,108
Lot Description
Grade - Mostly Level
Lot Size
8,771
Neighborhood
Central Park Etc.
Other Rooms
Den / Study / Office
Other Utilities
Natural Gas, Public Utilities
Roof
Composition
Sewer
Sewer - Public
Unincorporated Yn
Yes
View
Neighborhood
Zoning
R4

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