517 Vera Ave

Redwood City, CA 94061
  • $2,890,000

    Price
  • 0

    Bed
  • Bath
  • 6,249

    SqFt

Open House Times

  • Wed. Sep. 10 at 12:00pm to 1:00pm
  • Fri. Sep. 12 at 12:00pm to 1:00pm

About the Listing ML88226 - ML5073942,ML5104960

Marcus & Millichap is excited to present 517 Vera Ave, a boutique 6-unit multifamily community in Redwood City, one of the Bay Areas most dynamic submarkets. Five of the six apartment homes have been meticulously renovated, blending modern design with functional layouts and luxury-inspired finishes. Current average rents of $2,810 per month provide durable in-place income with a projected 10% rental upside. Two ground-floor units feature private patios or expansive backyards, while four upper-level units enjoy spacious balconies, enhancing tenant appeal. The property is within walking distance of Caltrain, offering unmatched regional access for Peninsula commuters.

Listing Highlights for 517 Vera Ave

Status Active
Days on Site 2
Property Type Commercial Sale
MLS ® ML82020310
Year Built 1964
Total Square Footage 6,249
Lot/Acreage 0.16
County San Mateo
School District Other
Elementary School Roosevelt
Middle School John F. Kennedy
High School Sequoia

Interior Details

  • Bedrooms: 0
  • Bathrooms: Full
  • Appliances:
  • Air Cond: Wall/Window Unit(s)
  • Heating: Central
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Zoning: R-4
  • Roof: Composition,Shingle
  • Others:
  • Sewer:

Financial Details

  • Tax Amount: $31,891
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 053081160
  • Tax Year: N/A

Payment Calculator

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Listing Location

Questions About..

517 Vera Ave Redwood City, CA 94061

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Originating MLS: CRMLS

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