$2,500,000
144 Central AVE Redwood City, CA 94061
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$2,500,000
Est. payment /mo
3 BD
1 BA
1,340 SqFt
Pending
144 Central AVE Redwood City, CA 94061
UPDATED:
11/08/2024 05:17 PM
Key Details
Property Type Single Family Home
Sub Type Single Family Home
Listing Status Pending
Purchase Type For Sale
Square Footage 1,340 sqft
Price per Sqft $1,865
MLS Listing ID ML81984315
Bedrooms 3
Full Baths 1
Year Built 1925
Lot Size 0.317 Acres
Property Description
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.
Location
State CA
County San Mateo
Area Horgan Ranch Etc.
Zoning R20000
Rooms
Family Room No Family Room
Dining Room Other
Interior
Heating Other
Cooling None
Exterior
Garage Detached Garage
Garage Spaces 2.0
Utilities Available Public Utilities
Roof Type Shingle
Building
Story 1
Foundation Crawl Space
Sewer Sewer - Public
Water Public
Level or Stories 1
Others
Tax ID 059-094-160
Horse Property No
Special Listing Condition Not Applicable
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Listed by Shawn Jahan • Realty World Dominion
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