SoldAug 8, 2025

Listed by Mariaelena Diaz

Bought with RECIP

Source: Bay East, Contra Costa, EBRD #ML82011997

441 Vera Avenue, Redwood City, CA, 94061

$1,950,000

2974 sq. ft.
11005 sq. ft.

Duplex

•

12 days on the market

Sold: Aug 8, 2025

What's around 441 Vera Avenue

About this property

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.

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