$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 #ML81984315
Pending
$2,500,000
10/19/2024
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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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
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