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.
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
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#: ML82011997

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
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,949,900