517 Vera Ave | Redwood City, CA 94061
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- LoopNet Team
517 Vera Ave
Redwood City, CA 94061
Multifamily Property For Sale
·
6 Units
INVESTMENT HIGHLIGHTS
- Walkable to downtown amenities, dining, shopping, and Caltrain.
- Ground-floor units include private patios or backyards, while upper-level units offer expansive balconies.
- Five of six units feature condo-quality renovations with new flooring, kitchens, bathrooms, lighting, and stainless-steel appliances.
- In-place average rents are $2,810 per month with nearly 10% rental upside.
PROPERTY FACTS
| No. Units | 6 | Lot Size | 0.16 AC |
| Property Type | Multifamily | Building Size | 6,975 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1964/2018 |
| Building Class | C | Parking Ratio | 0.86/1,000 SF |
| Zoning | N/Av, Redwood City | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 6,975 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1964/2018 |
| Parking Ratio | 0.86/1,000 SF |
| Zoning | N/Av, Redwood City |
AMENITIES
UNIT AMENITIES
- Balcony
- Heating
- Yard
- Vinyl Flooring
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 3 | - | 600 |
| 2+1 | 3 | - | 800 |
PROPERTY TAXES
| Parcel Number | 053-081-160 | Improvements Assessment | $1,026,997 |
| Land Assessment | $1,026,997 | Total Assessment | $2,053,994 |
PROPERTY TAXES
Parcel Number
053-081-160
Land Assessment
$1,026,997
Improvements Assessment
$1,026,997
Total Assessment
$2,053,994
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