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Sold for $1,950,000 on 08/08/25
  • $1,950,000

    441 Vera Ave, Redwood City, CA 94061

    --beds
    --baths
    2,974sqft
    Quadruplex,
    Built in 1923
    -- sqft lot
    $1,949,900 Zestimate®
    $656/sqft
    $3,326 Estimated rent

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: August 08, 2025 at 11:36am

    Listed by:

    Mariaelena Diaz 02034560 510-376-3634,

    eXp Realty of California Inc

    Bought with:

    RECIP, 00000000

    Out of Area Office

    Source: MLSListings Inc,MLS#: ML82011997MLS Logo

    Facts & features

    Interior

    Heating
    • Wall Furnace
    Cooling
    • None
    Features
    • Doors: None
    Interior area
    • Total structure area: 2,974
    • Total interior livable area: 2,974 sqft

    Property

    Parking
    • Total spaces: 10
    • Parking features: Off Site
    • Carport spaces: 10
    Accessibility
    • Accessibility features: None
    Features
    • Stories: 1
    Lot
    • Size: 0.25 Acres
    Details
    • Parcel number: 053083220
    • Zoning: R1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex,
    Materials
    • Foundation: None
    • Roof: Other
    Condition
    • Year built: 1923

    Utilities & green energy

    • Gas: PublicUtilities
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Public Utilities, Water Public

    Community & neighborhood

    Location
    • Region: Redwood City

    Other

    Other facts
    • Listing agreement: ExclusiveRightToSell
    • Listing terms: CashorConventionalLoan
    Services availability
    Get a cash offer in 3 minutes

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    Estimated market value

    $1,949,900