144 Central Avenue, Redwood City, CA 94061
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Listed Price :
$2,500,000
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Beds :
3
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Baths :
1
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Property Size :
1,340 sqft
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Year Built :
1925
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.
Interior Features
Bedroom Information |
Bedrooms |
3 |
Bathroom Information |
Bathrooms |
1 |
Interior Information |
Cooling Type |
None |
Listing Information
Address |
144 Central Avenue |
City |
Redwood City |
State |
CA |
Zip |
94061 |
County |
San Mateo |
Listing Agent |
Shawn Jahan DRE #01952057 |
Courtesy Of |
Realty World Dominion |
List Price |
$2,500,000 |
Status |
Active |
Type |
Residential |
Subtype |
Single Family Residence |
Structure Size |
1,340 |
Lot Size |
13,800 |
Year Built |
1925 |
Listing information courtesy of: Shawn Jahan, Realty World Dominion. *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.