Redwood City, CA 94061,441 Vera AVE
Redwood City, CA 94061,441 Vera AVE
Redwood City, CA 94061,441 Vera AVE
23
$1,950,000
$1,998,000
2.4%
Est.Price: ?

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2,974 SqFt

441 Vera AVE Redwood City, CA 94061

Est. payment /mo
SOLD DATE : 08/08/2025

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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

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CRMLS – RECore
Listed by Mariaelena Diaz eXp Realty of California Inc
Bought with RECIP Out of Area Office

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agent

Martina Diaz

Agent | License ID: 01439593

+1(619) 208-6926

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