CA
San Mateo
REDWOOD CITY
94061
441 Vera Avenue
441 Vera Avenue, REDWOOD CITY, CA 94061
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Listing Type
Multi Family
Listing Status
contingent
23
$1,998,000

Home Details for 441 Vera Avenue

Price
$1,998,000
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
2974
Year built
1923
Lot size acres
0.2526
County
San Mateo
Garage
Days on site
95
MLS Listing#
ML82011997
Listed By: eXp Realty of California Inc
Presented by: Mariaelena Diaz
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.

Property Features
  • Cooling Information
    • None
  • Heating Information
    • Wall Furnace
  • Water Features
    • Public
  • Parking
    • Off Site
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Based on information from the MLSListings MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright 2025 MLSListings Inc. All rights reserved.

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Last Updated: 2025-07-08 08:29:54
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EXIT REALTY CONSULTANTS
16175 Monterey #A, Morgan Hill, CA 95037
CA DRE# 01424183. Kris Klair Broker.
Margaret Vierra
Associate Broker
Office
209 668 2525
Agent
408 202 3243
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