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122 Vera Ave

Redwood City, CA 94061
  • $4,500,000
  • STATUS: Active Under Contract
  • ON SITE: 94 Days
  • ID#: ML81879175
Under Contract
UPDATED: 5 min ago
$4,500,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,430
    SQFT
  • $534
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1946
County:

School Ratings & Info

Description

The Magnify Investment Team is pleased to exclusively present the opportunity to acquire 122 Vera Ave, ten (10) unit multi-investment property located in the highly desirable city of Redwood City. Constructed in 1946, the property consists of (10) one-bedroom/one-bath units amounting to a building square feet of 8,430. The property sits on nearly 0.59 acres of land with strong upside in rents and significant redevelopment potential. It also features dual-pane windows, attached single car garages, private backyards, washer/dryer in each unit, separate water heaters, and more. The property is in an excellent location, nearby several major development projects and is walking distance to Downtown Redwood City and the Caltrain station. It also features easy access to El Camino Real, and highways 101 and 280.

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© 2022 MLSListings Inc. Based on information from MLSListings MLS as of 2022-05-27T20:52:30.933. 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. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Kulda Real Estate Group | Keller Williams Realty.

Licensed in the State of California.
www.kuldagroup.com/homes/126014717
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122 Vera Ave Redwood City, CA 94061

  • Price: $4,500,000
  • Status: Active Under Contract
  • On Site: 94 Days
  • Updated: 5 min ago
  • ID#: ML81879175
0
Beds
0
Baths
0
½ Baths
N/A
Acres
8,430
SQFT
$534
$/SQFT
1946
Built
Neighborhood:
Central Park Etc.
County:
San Mateo
Area:
Central Park Etc.
Property Description
The Magnify Investment Team is pleased to exclusively present the opportunity to acquire 122 Vera Ave, ten (10) unit multi-investment property located in the highly desirable city of Redwood City. Constructed in 1946, the property consists of (10) one-bedroom/one-bath units amounting to a building square feet of 8,430. The property sits on nearly 0.59 acres of land with strong upside in rents and significant redevelopment potential. It also features dual-pane windows, attached single car garages, private backyards, washer/dryer in each unit, separate water heaters, and more. The property is in an excellent location, nearby several major development projects and is walking distance to Downtown Redwood City and the Caltrain station. It also features easy access to El Camino Real, and highways 101 and 280.
Exterior Features

Foundation Concrete Perimeter Garage Parking Attached Garage Number Of Buildings 5 Pool YN No Roof Composition Units In Complex Min 10

Interior Features

Beds Unit1 1 Cooling None Flooring CarpetHardwoodLaminateTile Heating Wall Furnace Kitchen Features Countertop - TileOven Range - GasRefrigerator Laundry Washer / Dryer Structure Sq Ft 8430

Property Features

Accessibility Features None Additional Listing Info Not Applicable City Name Redwood City Hoa YN No Lot Size Area Maximum 25700.00 Meters Master ElectricSeparate ElectricSeparate GasSeparate Water Rent Unit1 1417 Restrictions None Security Features None Sewer Septic Sewer - Public Sq Ft Source Assessor Utilities Individual Electric MetersIndividual Gas Meters Water Individual Water Meter Zoning R-4

© 2022 MLSListings Inc. All rights reserved. Listing provided courtesy of Eric Katz of Katz Inc.


© 2022 MLSListings Inc. Based on information from MLSListings MLS as of 2022-05-27T20:52:30.933. 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. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Kulda Real Estate Group | Keller Williams Realty.

Licensed in the State of California.
 
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The Kulda Real Estate Group | Keller Williams Realty
200 San Mateo Road #B
Half Moon Bay CA, 94019