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818-820 Vera AVE
$1,675,000

818-820 Vera AVE

2,230 Sq.Ft. 7,400.84 Sq.Ft.

Description

PRICE IMPROVEMENT!!! Welcome to 818-820 Vera Avenue, Redwood City, CAa smart investment opportunity that combines the charm of residential living with the benefits of income generation. This duplex, spanning a generous 2,230 square feet, is thoughtfully designed to offer the comfort and privacy of two single-family homes. Unit 1: two bedroom/one bath/one car garage. Unit 2: three bedroom/two bath/two car garage. Situated on a spacious 7,400 square foot lot, this property features three well-appointed bathrooms, ensuring convenience and ease for all occupants. Each unit is currently occupied by long-term tenants, providing a steady rental income of $5,000 per month, well below market, making it an ideal choice for both investors and owner-occupiers seeking to maximize their return on investment. The layout of this duplex is perfect for those looking to enjoy the benefits of homeownership while capitalizing on the rental market. Whether you're an investor looking to expand your portfolio or a homeowner seeking additional income, 818 Vera Avenue offers the perfect blend of functionality and financial opportunity. Don't miss the chance to own a property that truly lives like two single-family homes in the heart of Redwood City. Do not disturb tenants. By appointment only.

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Location

818-820 Vera Avenue, REDWOOD CITY, CA 94061

Status

Sold

Property Amenities

Area & Lot
Total area 2,230 Sq.Ft.
Lot Area 7,400.84 Sq.Ft.
Living area 2,230 Sq.Ft.
MLS® ID ML81992837
Year Built 1968
School District Sequoia Union High
Type Multi-Family
Status Sold
Exterior
Stories 1
Pool None
Air conditioning Central Air
Heat type Forced Air
Garage Space 3.0
Parking Attached
Roof Other
Finance
Sales Price $1,675,000
Real Estate Tax $1,880 yearly

LICENSE# 01701961

LISTING AGENT

Alicia Nardini

CO-FOUNDER | REALTOR®

For over 20 years, long-time real estate professional Alicia Nardini has exceeded client expectations through her high-touch, highly dedicated approach.

LICENSE# 01701961

Contact

Redwood City

Work With Us

As native locals, our expertise and extensive knowledge of the Bay Area will prove invaluable on our shared journey. Now four generations into delivering winning results, NuTerra Real Estate Group is here to help you achieve all of your real estate goals.