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William Chen and Joyce Kuo

William Chen and Joyce Kuo

Client's Satisfaction Is Our Goal!

403 Vera AVE, Redwood City

Photo of
Photo of
Bedrooms
Baths
2,522 Square Feet

$1,570,000

  • Status: Sold
  • Square Footage (+/-): 2,522
  • Lot Size: 5,625
  • Listed: 7/23/2019
  • Sold Date: 9/30/2019
  • Type: Fourplex
  • Year Built: 1949
  • MLS: ML81761780
  • Elementary School District:
    Redwood City Elementary District
  • High School District:
    Sequoia Union High District
  • Elementary School:
    John Gill Elementary
  • Middle School:
  • High School:
    Sequoia High
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Mortgage payment: $6,742/mo.
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About 403 Vera AVE

403 Vera Ave. provides an exceptional value-add opportunity for a peninsula investor. Value addition through landscaping, interior renovations, exterior renovations, and rent roll increases. Redwood city is not a rent-controlled market, therefore the substantial upside in rents can be capitalized upon quickly. The functional layout of 403 Vera Avenue provides a garage space for each unit beneath a terrace shared by the top two units. The long backyard provides recreational space for each tenant. Large corner lot. Located in the heart of the peninsula, Vera is perfectly situated for apartment tenants who work at one of the myriad of local tech companies. Redwood City is in incredibly high demand for its adjacent location to ultra-wealthy zip codes and convenient location to all that the San Francisco Bay Area offers. Very close proximity to major Highways 82, El Camino Real, and 101. Located 5 minutes from Downtown Redwood City and the Theatre's, museums and restaurants that it offers.

  • Existing Lease Term(s)
    • 1 Year Lease
    • Month to Month
  • Kitchen
    • Cooktop - Gas
    • Oven - Self Cleaning
    • Refrigerator
  • Garage Parking Features
    • Attached Garage
    • Off-Street Parking
    • On Street
  • Yard/Grounds
    • Back Yard
    • Balcony / Patio
    • Fenced
  • Heating
    • Forced Air
    • Wall Furnace
  • Listing Class
    • Residential Income (2-4 units)
  • General Features
    • Amenities Misc.: None
    • Cooling: None
    • Horse Property: No
    • No of Stories: 2
    • Roof: Wood Shakes / Shingles
    • Security Features: None
    • Sewer Septic: Sewer - Public
    • Subclass: Fourplex
    • Water: Public

Schools Near 403 Vera AVE

Elementary Schools
School Name Type Grades Distance * District Info

* Distance represented in miles.

Middle Schools
School Name Type Grades Distance * District Info

* Distance represented in miles.

High Schools
School Name Type Grades Distance * District Info

* Distance represented in miles.

Other Schools
School Name Type Grades Distance * District Info

* Distance represented in miles.

Recently Viewed

Recently Sold

$1,570,000

403 Vera AVE
Redwood City, CA 94061

  • Status: Sold
  • Square Footage (+/-): 2,522
  • Lot Size: 5,625
  • Listed: 7/23/2019
  • Sold Date: 9/30/2019
  • Type: Fourplex
  • Year Built: 1949
  • MLS: ML81761780
  • Elementary School District:
    Redwood City Elementary District
  • High School District:
    Sequoia Union High District
  • Elementary School:
    John Gill Elementary
  • Middle School:
  • High School:
    Sequoia High
Schedule a Showing Save as Favorite Comparables
Mortgage payment: $6,742/mo.
close
Property Value:
Down Payment:
or
%
Interest Rate:
%
Loan Duration:
months, or
years
Monthly Payment:

Commute Time

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Listed by Mike Priolo, NAI Northern California

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Updated on 4/25/2024