530 Roosevelt AVE, Redwood City, CA 94061

$2,400,000
3
BD
2
BA
1,290
SqFt

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Listing courtesy of Brendan Callahan from Compass. 650-387-2535

List Price
$2,400,000
MLS#
ML82065792
Status
ACTIVE
Property Type
res
Bedrooms
3
Total Bathrooms
2
Full Bathrooms
2
Sqft. of Residence
1,290
Lot Size
6,645
Listing Area
Central Park Etc.
Year Built
1910

Property Description

RARE DEVELOPMENT OPPORTUNITY IN REDWOOD CITY! Incredible investor, builder, or multi-generational compound potential. This property features a charming existing main home of 3 beds 2 baths on a large lot. Entitlements are complete with Planning and Tentative Condominium Map approved for new construction of a 3-story, 4 unit building at the large rear yard.  Project is ready for a builder to submit building department permits to construct the additional 4 condominium units on the back half of the lottotaling 4,880 square feet of brand-new livable space.  Unit 1 is an 896 sqft, 2-bed, 2-bath unit with a beautiful back patio.  Unit 2 is a 2-bed, 2-bath unit of 844 sqft with a similar back patio.  Unit 3 spans multiple levels, has 1,509 sqft, a planned roof deck, and two ensuite bedrooms.  Unit 4 is the largest at 1,631 sqft, featuring a roof deck and two ensuite bedrooms.  Arborist reports, survey, fire, ADA, parking etcincluded in the disclosures.

Additional Information

Age
116
Bathroom Features
Shower over Tub - 1, Stall Shower, Updated Bath
Bedroom Description
Ground Floor Bedroom, More than One Bedroom on Ground Floor, Walk-in Closet
Cooling System
Central AC
Family Room
Other
Floor Covering
Hardwood
Foundation
Concrete Perimeter
Garage Parking
Detached Garage, Enclosed, Gate / Door Opener, Parking Area
Heating System
Forced Air, Gas
Laundry Facilities
Inside, Washer / Dryer
Living Area
1,290
Lot Size
6,645
Neighborhood
Central Park Etc.
Other Utilities
Public Utilities
Roof
Composition
Sewer
Sewer - Public
Unincorporated Yn
Yes
Zoning
R40000

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