Sold
122 Vera AVE
REDWOOD CITY CA, 94061
$4,300,000
$510.08 per sqft
Sold
8,430 sqft
Multi-family
Built in 1946
Listed by Katz Inc, Eric Katz, Listing Contact: 4084380969
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.
ML81879175
MLSⓇ ID
March 12, 2022
Listed
May 9, 2024
Updated
Map
122 Vera AVE
REDWOOD CITY CA, 94061
Interior Features
Interior Features
Hardwood, Laminate, Tile
Appliances
Refrigerator, Oven, Range, Washer
Floor Description
Hardwood, Laminate, Tile
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.59 Acres
Roof
Composition
Sewer
Public Sewer
School Information
School District
935
Other Property Details
Area Name
Central Park Etc.
Garage
Yes
Garage Spaces
10
Parking
Attached
Parking Total
10
View
No
County
San Mateo
Pool
No
Zoning
R-4
Buyer Agency Compensation
2%
Listed by Katz Inc, Eric Katz,
Listing Contact: 4084380969
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Data last updated 4:52 AM UTC, 5/9/2024