CA > Redwood City
Redwood City, CA 94061,441 Vera Avenue
Redwood City, CA 94061,441 Vera Avenue
Redwood City, CA 94061,441 Vera Avenue
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Deeana Owens

Deeana Owens

+1(678) 250-3471
Listed by Mariaelena Diaz • eXp Realty of California Inc
$1,998,000
Est. payment /mo
2,974 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 2,974 sqft

Price per Sqft $671

MLS Listing ID ML82011997

HOA Y/N No

Year Built 1923

Lot Size 0.253 Acres

Property Sub-Type Quadruplex

Source Datashare MLSListings

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

Interior

Heating Wall Furnace

Cooling No Air Conditioning

Fireplace No

Schools

School District Sequoia Union High, Redwood City Elementary

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Deeana Owens

+1(678) 250-3471

Broker | Owner | CA BRE#CA: 02015510, GA: 295613

Broker | Owner CA BRE#CA: 02015510, GA: 295613

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