Marcus & Millichap is excited to present 517 Vera Ave, a boutique 6-unit multifamily community in Redwood City, one of the Bay Areas most dynamic submarkets. Five of the six apartment homes have been meticulously renovated, blending modern design with functional layouts and luxury-inspired finishes. Current average rents of $2,810 per month provide durable in-place income with a projected 10% rental upside. Two ground-floor units feature private patios or expansive backyards, while four upper-level units enjoy spacious balconies, enhancing tenant appeal. The property is within walking distance of Caltrain, offering unmatched regional access for Peninsula commuters.
Sold for $2,890,000 on 10/03/25
$2,890,000
Vera Redwoodcity, Redwood City, CA 94061
--beds
--baths
6,249sqft
Five Or More Units, Residential Income
Built in 1964
-- sqft lot
$2,883,200 Zestimate®
$462/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: October 03, 2025 at 06:10am
Listed by:
Jimmy Castellanos 02024152 408-483-5040,
Marcus & Millichap 650-391-1700,
AJ Decristoforo 02162593 408-709-0383
Bought with:
Chee Lee, 01361559
Re/Max Accord
Source: MLSListings Inc,MLS#: ML82020310
Facts & features
Interior
Heating
- Central Forced Air
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: Coin Operated
Features
- Flooring: Vinyl Linoleum
- Doors: Other
Interior area
- Total structure area: 6,249
- Total interior livable area: 6,249 sqft
Property
Parking
- Parking features: Carport, Off Street
- Has carport: Yes
Accessibility
- Accessibility features: Other
Lot
- Size: 6,969 sqft
Details
- Parcel number: 053081160
- Zoning: R-4
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Five Or More Units, Residential Income
Materials
- Foundation: Concrete Perimeter
- Roof: Composition, Shingle
Condition
- Year built: 1964
Utilities & green energy
- Gas: IndividualGasMeters, 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
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Estimated market value
$2,883,200