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.
MLS #
ML82020310
MLS Source
MLSListings, Inc.
Flooring
Vinyl/Linoleum
Laundry
Coin Operated
Cooling
Window/Wall Unit
Heating
Central Forced Air
Roof
Composition, Shingle
Foundation
Concrete Perimeter
Garage/Parking
Carport, Off-Street Parking, Garage: 0 Car(s)
Elementary District
Redwood City Elementary
High School District
Sequoia Union High
Sewer
Public Sewer
Water
Public
Zoning
R-4
Listing Agent
Jimmy Castellanos
Marcus & Millichap
License #: 02024152
Phone: (408) 483-5040
Co-Listing Agent
Aj Decristoforo
License #: 02162593
Phone: (408) 709-0383
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | 6 | 6 |
Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
---|---|---|---|---|---|---|
1 | – | 1 | 1/0 | $2,550 | $2,820 | 3 |
2 | – | 2 | 1/0 | $2,795 | $3,040 | 3 |
517 Vera Ave is a Residential Income in Redwood City, CA 94061. This 6,249 square foot property sits on a 6,980 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,890,000 and was built in 1964.
This address can also be written as 517 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 September 11, 2025. For the most current information, please contact Jimmy Castellanos, (408) 483-5040