Listed by Brendan Callahan • Compass • 650-462-1111
$2,400,000
Est. payment /mo
3 Beds
2 Baths
1,290 SqFt
New
530 Roosevelt Avenue Redwood City, CA 94061
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Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,290 sqft
Price per Sqft $1,860
MLS Listing ID ML82065792
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1910
Lot Size 6,645 Sqft
Property Sub-Type Detached
Source Datashare MLSListings
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.
Location
State CA
County San Mateo
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Hardwood
Fireplace No
Exterior
Garage Spaces 2.0
Private Pool false
Building
Story 1
Water Public
Schools
School District Sequoia Union High, Redwood City Elementary
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