CA > Redwood City
Redwood City, CA 94061,517 Vera AVE
Redwood City, CA 94061,517 Vera AVE
Redwood City, CA 94061,517 Vera AVE
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$2,890,000
Est. payment /mo
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6,978 Sqft Lot
Open Wed 12PM-1PM

517 Vera AVE Redwood City, CA 94061

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Patrick Fossati

Patrick Fossati

+1(805) 910-0463

Open House

Wed Sep 10, 12:00pm - 1:00pm

Fri Sep 12, 12:00pm - 1:00pm

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML82020310

HOA Y/N No

Year Built 1964

Annual Tax Amount $31,891

Lot Size 6,978 Sqft

Property Description

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.

Location

State CA

County San Mateo

Area 699 - Not Defined

Zoning R-4

Interior

Heating Central

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Carport Spaces 6

Roof Type Composition,Shingle

Building

Water Public

Schools

Elementary Schools Roosevelt

Middle Schools John F. Kennedy

High Schools Sequoia

School District Other

Others

Tax ID 053081160

Special Listing Condition Standard

CRMLS – RECore
Listed by Jimmy Castellanos Marcus & Millichap

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agent

Patrick Fossati

Broker Associate | License ID: 01907255

+1(805) 910-0463

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