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$2,500,000

Beds
3
Baths
1.0
sq ft
1,340

144 Central Ave, Redwood City, CA 94061

144 Central Ave

Redwood City, CA 94061

  • Pending
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.

Details

Property type

Single Family Residence

Lot size

0.3168 acres

Price per sq ft

$1,866

Year built

1925

HOA

No

Price History

11/05/2024
BridgeMLS

BridgeMLS #ML81984315

Pending
$2,500,000
10/19/2024
BridgeMLS

BridgeMLS #ML81984315

Listed
$2,500,000

Schools & Community

Neighborhood: 

Oakwood

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Sequoia Union High

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Status: Pending/Under Contract

Tomo last checked: 11/05/2024 at 2:30 AM

Listing updated: 11/05/2024 at 2:15 AM

Listed by: Shawn Jahan, Realty World Dominion Phone #: (408) 916-8665

MLS: BridgeMLS #ML81984315

BridgeMLS logo

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