517 Vera AVE Open House Save Request In-Person Tour Request Virtual Tour
Redwood City,CA 94061
OPEN HOUSE
Wed Sep 10, 12:00pm - 1:00pm Fri Sep 12, 12:00pm - 1:00pm
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 6,249 sqft
Price per Sqft $462
MLS Listing ID ML82020310
Bedrooms 3
Full Baths 2
Year Built 1964
Lot Size 6,980 Sqft
Property Sub-Type Five or More Units
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 Central Park Etc.
Zoning R-4
Interior
Heating Central Forced Air
Cooling Window / Wall Unit
Flooring Vinyl / Linoleum
Laundry Coin Operated
Exterior
Parking Features Carport ,Off-Street Parking
Utilities Available Individual Electric Meters,Individual Gas Meters,Public Utilities
Roof Type Composition,Shingle
Building
Foundation Concrete Perimeter
Sewer Sewer - Public
Water Public
Others
Special Listing Condition Not Applicable