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 Type
Residential IncomeCounty
San MateoStyle
Residential IncomeAD ID
50242344
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Property Details
-
Interior Features
Bathroom Information
- Total Baths: 0
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Roof : Other
Cooling Features
- None
- Air Conditioning
Heating Source
- Wall Furnace
- Has Heating
-
Exterior Features
Building Information
- Year Built: 1923
- Building Area Total: 2,974
- Roof: Other
Foundation
- None
Accessibility Features
- None
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.2526
- Lot Size Source: Assessor
- Lot Size Square Feet: 11005
-
Listing Information
Listing Price Information
- Original List Price: 1,998,000
- Listing Contract Date: 2025-06-21
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 053083220
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Off Site
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 699 - Not Defined
- Directions: Cross Street: Clevland
- Zoning: R1
- Source Property Type: Residential Income
- Area: 699 - Not Defined
- Property SubType: Quadruplex
Building and Construction
- Property Age: 102
- Structure Type: Quadruplex
- Year Built Source: Assessor
- Total Square Feet Living: 2974
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BuyOwner last updated this listing 07/04/2025 @ 13:50
- MLS: ML82011997
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 8 bedrooms which is for sale, it has 2,974 sqft, 11,005 sized lot, and 0 parking. are nearby neighborhoods.