$2,500,000
For Sale

144 Central Avenue

Redwood City, CA 94061
1340 sqft | 3 beds | 1 bath | 0.32 acres | #ML81984315
Listing OfficeRealty World Dominion
Browse 14 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Prime Investment Opportunity *Discover the untapped potential of this expansive 13,800 sq. ft. lot located in the heart of Redwood City! This property features an existing 1,340 sq. ft. single-family home with R2 zoning, offering incredible flexibility for developers, investors, or homeowners looking to maximize value.Potential Key Development Opportunities:1. Lot Split Potential: Subdivide the property to create two separate lots: Retain the existing home on a 5,000 sq. ft. lot. Create a new 8,800 sq. ft. flag lot, accessible by a 20-foot-wide private road, perfect for building a new custom home or selling separately. 2. Multi-Unit Development potential: Explore the possibility of entitling the land for up to six-units residence, leveraging the R2 zoning.Located in a highly sought-after area minutes away from vibrant downtown Redwood City, parks, schools, and easy access to major highways, making it ideal for modern living and future growth. Whether you're a developer looking for your next project or a homeowner with a vision, 144 Central Ave offers a rare chance to shape the future of this prime Redwood City property. Buyers to do their own due diligence for all potential developments with the City of the Redwood City.

  • Interior Details
      • Bedrooms3
      • Bathrooms1
      • Full Baths1
  • Property Details
      • Stories1
    • Measurements
      • Acres0.3168
      • Square Feet1340
    • Parking
      • Parking Spaces2
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1925
  • Utilities / Energy Details
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountySan Mateo
      • School DistrictOther
  • Financial Details
      • Original List Price$2,500,000
  • Other
      • MLS #ML81984315

Location

Becky BondReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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