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.
MLS #
ML82011997
MLS Source
MLSListings, Inc.
Cooling
None
Heating
Wall Furnace
Roof
Other
Foundation
None
Garage/Parking
Off-Site Parking, Garage: 0 Car(s)
Elementary District
Redwood City Elementary
High School District
Sequoia Union High
Sewer
Public Sewer
Water
Public
Zoning
R1
# Buildings | # Leased Units | # Total Units |
---|---|---|
4 | 0 | 4 |
Unit # | Sq Ft | Beds | Baths | Rent |
---|---|---|---|---|
1 | – | 2 | 1/0 | – |
2 | – | 2 | 1/0 | $3,600 |
3 | – | 2 | 1/0 | $3,900 |
4 | – | 2 | 1/0 | – |
441 Vera Ave is a Residential Income in Redwood City, CA 94061. This 2,974 square foot property sits on a 0.252 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,998,000 and was built in 1923.
This address can also be written as 441 Vera Ave, Redwood City, CA 94061.©2025 MLSListings Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.
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This listing information is up-to-date as of July 06, 2025. For the most current information, please contact Mariaelena Diaz, (510) 376-3634