144 Central Avenue

Redwood City, CA 94061

$2,500,000

List Price

3

bed Beds

1

shower Baths

1,340 sqft

straighten / sqft

1925

calendar_month Built

Property Description

Prime Investment Opportunity *Discover the untapped potential of this expansive 13,800 sq. ft. lot located in the heart of Redwood City! This property features an existing 1,340 sq. ft. single-family home with R2 zoning, offering incredible flexibility for developers, investors, or homeowners looking to maximize value.Potential Key Development Opportunities:1. Lot Split Potential: Subdivide the property to create two separate lots: Retain the existing home on a 5,000 sq. ft. lot. Create a new 8,800 sq. ft. flag lot, accessible by a 20-foot-wide private road, perfect for building a new custom home or selling separately. 2. Multi-Unit Development potential: Explore the possibility of entitling the land for up to six-units residence, leveraging the R2 zoning.Located in a highly sought-after area minutes away from vibrant downtown Redwood City, parks, schools, and easy access to major highways, making it ideal for modern living and future growth. Whether you're a developer looking for your next project or a homeowner with a vision, 144 Central Ave offers a rare chance to shape the future of this prime Redwood City property. Buyers to do their own due diligence for all potential developments with the City of the Redwood City.

Listing Information

List Price $2,500,000
Status Active
MLS ML81984315
Type Residential
Subtype Single Family Residence
Year Built 1925
Lot Size 13,800
Structure Size 1,340
DOM 9
Courtesy Of Realty World Dominion
Listing Agent Shawn Jahan DRE#01952057

Interior Features

Total Bedroom
Bedrooms 3
Total Bathroom
Bathrooms 1
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Shawn Jahan, Realty World Dominion 408-916-8665. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 27th, 2024 at 5:55 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.