530 Roosevelt Avenue, Redwood City, CA 94061

$2,400,000
3
BD
2
BA
1,290
SqFt
List Price
$2,400,000
Status
ACTIVE
MLS#
ML82065792
Year Built
1910
Property Type
Detached
Bedrooms
3
Bathrooms
2
Full Bathrooms
2
Living Area
1,290
Lot Size
6,645
Acres
0.15
County
San Mateo
Subdivision
Ca

Property 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.

Additional Information

Stories
1
Garage Spaces
2
Flooring
Hardwood
Kitchen Features
Breakfast Bar, Eat-in Kitchen
Parking Features
Enclosed, Parking Lot
Roof
Composition Shingles
Water Sewer
Public
Elementary School
Redwood City Elementary
High School
Sequoia Union High

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Listing courtesy of Brendan Callahan from Compass. 650-387-2535

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