$1,799,999
For Sale

818820 Vera Avenue

Redwood City, CA 94061
2230 sqft | 0.17 acres | #ML81992837
Listing OfficeCompass
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

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.

  • Property Details
      • Property TypeMulti-Family
      • Original List Price$1,799,999
      • MLS #ML81992837
      • MLS #ML81992837
      • CountySan Mateo
      • Cost1799999
      • Acres0.1699
      • Taxes Annual$1,880
      • Property SubtypeDuplex
      • School DistrictOther
      • Square Feet2230
      • Year Built1968
      • FoundationSlab
      • Stories1
      • Parking Spaces3

Location

@VANTAGE Real EstateReal Estate Professionals
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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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