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Maylin Chang

maylin@maylinchang.com +1(650) 382-3002

Listed by Brendan Callahan • Compass, DRE#01397059

$ 2,400,000

Est. payment -/mo

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530 Roosevelt AVE Redwood City, CA 94061

3 Beds

2 Baths

1,290 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Home

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

Year Built 1910

Lot Size 6,645 Sqft

Property Sub-Type Single Family Home

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

Area Central Park Etc.

Zoning R40000

Rooms

Family Room Other

Dining Room Breakfast Bar, Dining Area in Family Room, Eat in Kitchen

Interior

Heating Forced Air, Gas

Cooling Central AC

Flooring Hardwood

Laundry Inside, Washer / Dryer

Exterior

Parking Features Detached Garage, Enclosed, Gate / Door Opener, Parking Area

Garage Spaces 2.0

Utilities Available Public Utilities

Roof Type Composition

Building

Faces Southwest

Story 1

Foundation Concrete Perimeter

Sewer Sewer - Public

Water Public, Well

Level or Stories 1

Others

Tax ID 053-082-160

Horse Property No

Special Listing Condition Not Applicable

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+1(650) 382-3002

maylin@maylinchang.com