530 Roosevelt Ave

Redwood City, CA 94061
  • $2,400,000

    Price
  • 3

    Bed
  • 2

    Bath
  • 1,290

    SqFt
  • 0.15

    Acre

About the Listing ML5014372 - ML5103371

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.

Listing Highlights for 530 Roosevelt Ave

Status Active
Days on Site 9
Property Type Residential
MLS ® ML82065792
Year Built 1910
Total Square Footage 1,290
Lot/Acreage 0.15
County San Mateo
School District Other

Interior Details

  • Bedrooms: 3
  • Bathrooms: 2 Full
  • Appliances:
  • Air Cond: Central Air
  • Heating: Forced Air
  • Fireplaces:
  • Floor: Wood
  • Basement:
  • Other: Breakfast Bar,Walk-In Closet(s)
  • Water: Public,Well

Exterior Details

  • Lot Description: No Land Lease
  • Garage Capacity: 2 car
  • Parking Spaces: 5
  • Zoning: R40000
  • Roof: Composition
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Gated

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 053082160
  • Tax Year: N/A

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Listing Location

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530 Roosevelt Ave Redwood City, CA 94061

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Originating MLS: CRMLS

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