144 Central Ave Redwood City, CA 94061

3 Beds
1 Bath
1,340 Sqft
13,800 Sqft lot
0.32 Acre lot
Status: Active
Property Type: Single Family Residence
Year Built: 1925
Days on Website: 2

Courtesy of Realty World Dominion, Shawn Jahan 408-916-8665

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.

Open House

Property Details and Features

  • Source: MLSListings
  • Listed on 2024-10-18 20: 51:24
  • Max Area: 13800.00
  • Max Area Units: Square Feet
  • 3 bedrooms
  • 1 full bathroom
  • County: San Mateo
  • Built in 1925
  • 1,340 square feet
  • 1,340 living square feet
  • Building type: Detached
  • Other
  • No Family Room
  • Crawl Space
  • Shingle
  • None
  • 2 garage spaces
  • Detached Garage
  • Public
  • Other
  • Public Utilities
  • Sewer - Public
  • Zoning: R20000
  • Horse property?: No
  • Elementary school district: Redwood City Elementary
  • High school district: Sequoia Union High

Listings last updated on October 21, 2024 1:04PM.