441 Vera AVE, REDWOOD CITY, CA 94061

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Active Under Contract

$1,998,000

bedrooms

bathrooms

square feet

2,974

Acreage

0.2526

Open Houses

year built

1923

Full Baths

Half Baths

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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.

Location
Subdivision	-
County	San Mateo
Elementary School	-
Middle School	-
High School	-

Exact location data not provided

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Open houses

None scheduled.

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MLS number: ML82011997

Listing status: Active Under Contract

Listing agent: Mariaelena Diaz #02034560

Listing broker: eXp Realty of California, Inc. (888) 584-9427 ext. 119

Last update: Sunday, July 6 2025 at 7:51 p.m. EDT

Kotohomes National