23
See all 23 photos
$1,950,000
$1,998,000 2.4%
Est. payment /mo
2,974 SqFt
Sold on 08/08/2025
441 Vera AVE Redwood City, CA 94061
GET MORE INFORMATION
We respect your privacy! Your information WILL NOT BE SHARED, SOLD, or RENTED to anyone, for any reason outside the course of normal real estate exchange. By submitting, you agree to our Terms of Use and Privacy Policy.
UPDATED:
Key Details
Sold Price $1,950,000
Property Type Single Family Home, Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,974 sqft
Price per Sqft $655
MLS Listing ID ML82011997
Year Built 1923
Lot Size 0.253 Acres
Property Sub-Type Quadruplex
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.
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning R1
Interior
Heating Wall Furnace
Cooling None
Exterior
Parking Features Off Site
View Y/N No
Roof Type Other
Building
Story 1
Foundation None
Sewer Public Sewer
Water Public
Schools
School District Other
Others
Special Listing Condition Standard
Listed by Mariaelena Diaz eXp Realty of California Inc
Bought with RECIP Out of Area Office
Bought with RECIP Out of Area Office