tomo logo

$1,200,000

Beds
2
Baths
1.5
sq ft
1,112

711 Roosevelt Ave, Redwood City, CA 94061

711 Roosevelt Ave

Redwood City, CA 94061

  • 12 days on market
An exceptional opportunity to purchase 711 Roosevelt Avenue on its own 3,889 sq ft lot or together with the neighboring property at 715 Roosevelt to create a combined 7,778 sq ft parcel. Zoned R-3, this property offers outstanding potential for investors, developers, or end-users looking to renovate, expand, or build new with the possibility of ADUs or multi-unit development. SB9 potential. This charming 1908 bungalow blends historic character with thoughtful updates, offering approximately 1,112+ sq ft of living space with two bedrooms, one and a half bathrooms, a remodeled kitchen, spacious living and dining areas filled with natural light, and separate PG&E meter. A rare chance to own a flexible, income-producing property in a prime Redwood City location with future upside. Developers will appreciate the two legal parcels with survey markers in place, along with available bids and reports for future sewer line updates if sold separately. Please do not disturb the tenant.

Details

Property type

Single Family Residence

Est. home value

$2,629,886

Lot size

3,889 sq ft

Price per sq ft

$1,080

Year built

1908

HOA

No

Price History

03/27/2025
BridgeMLS

BridgeMLS #ML81999739

Listed
$1,200,000
-20.58%
10/29/2014
BridgeMLS

BridgeMLS #ML81429912

Sold
$1,511,000

Schools & Community

Neighborhood: 

Central

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Sequoia Union High

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Secured Income Fund Ii Llc

Loan start date

May 2023

Original loan amount

$1,370,000

Est. remaining balance

Not provided

Interest rate

6.32%

Loan type

Commercial

Seller

Neil S Citraro and The Neil S Citraro 2017 Revocable Trust

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/08/2025 at 7:25 PM

Listing updated: 04/08/2025 at 5:45 PM

Listed by: Francesca Lampert, Coldwell Banker Realty Phone #: (650) 776-1581

MLS: BridgeMLS #ML81999739

BridgeMLS logo

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