Listing Agent: Brendan Callahan Broker/Office: Compass
530 Roosevelt Avenue Redwood City CA 94061
$ 2,400,000
3
| 2
| 1290 Sq Feet
Listing ID
#ML82065792
Status
Active
Property Type
Single Family Residence
County
San Mateo
Year Built
1910
Days on website
2
Description
RARE DEVELOPMENT OPPORTUNITY IN REDWOOD CITY! Incredible investor, builder, or multi-generational compound potential. This property features a charming existing main home of 3 beds 2 baths on a large lot. Entitlements are complete with Planning and Tentative Condominium Map approved for new construction of a 3-story, 4 unit building at the large rear yard. Project is ready for a builder to submit building department permits to construct the additional 4 condominium units on the back half of the lottotaling 4,880 square feet of brand-new livable space. Unit 1 is an 896 sqft, 2-bed, 2-bath unit with a beautiful back patio. Unit 2 is a 2-bed, 2-bath unit of 844 sqft with a similar back patio. Unit 3 spans multiple levels, has 1,509 sqft, a planned roof deck, and two ensuite bedrooms. Unit 4 is the largest at 1,631 sqft, featuring a roof deck and two ensuite bedrooms. Arborist reports, survey, fire, ADA, parking etcincluded in the disclosures.
Financial Information
List Price:
$ 2400000
Property Features
Direction Faces:
Southwest
Flooring:
Wood
High School District:
Other
Parking Features:
Gated
Roof:
Composition
Water Source:
Public, Well
High School District:
Other
MLS Area Major:
699 - Not Defined
City:
Redwood City
Listed By:
Brendan Callahan
Compass
CA Lic#
CA Lic#