See all 26 photos

Listed by Jimmy Castellanos • Marcus & Millichap

$2,890,000

Est. payment - /mo

Save

3 Beds

2 Baths

6,249 SqFt

Open Wed 12PM-1PM

517 Vera AVE Redwood City, CA 94061

Save

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Sun

Sep

Mon

Sep

Tue

Sep

Xavier Williams

info@xavierwilliams.com +1(408) 774-4300

Open House

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

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

UPDATED:

Key Details

Property Type Multi-Family, 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

Source MLSListings, Inc.

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

Tax ID 053-081-160

Special Listing Condition Not Applicable

MORTGAGE CALCULATOR

Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.

Ask me about how to get a below market interest rate on your new mortgage!

+1(408) 774-4300

info@xavierwilliams.com

5450 Thornwood Dr Ste F, San Jose, California, 95123, USA