530 Roosevelt Ave, Redwood City, CA 94061

$2,400,000
3
BD
2
BA
1,290
SqFt

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List Price
$2,400,000
Status
ACTIVE
MLS#
82065792
Property Type
Single Family Residence
Bedrooms
3
Bathrooms
2
Living Area
1,290
Lot Size
6,645
Region
Central Park Etc
County
San Mateo
Acres
0.15
Year Built
1910
Parking Spaces
7

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.

Additional Information

Foundation
Concrete Perimeter
Living Area
1,290
Lot Size
6,645
Region
Central Park Etc
Roof
Composition
Utilities
Cable Available, Public Utilities
Zoning
R40000

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Listing courtesy of Compass.

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