144 Central AVE, REDWOOD CITY, CA 94061

MLS# ML81984315
Status: Active

  • $2,500,000

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  • 3

    Bedrooms
  • 1

    Bathrooms
  • 1340

    Approx. Sq. Ft.
  • 0.3168

    Approx. Lot Size
  • Listing Class: Residential
  • Property Type: Single Family Home
  • Year Built: 1925
  • Stories: 1

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    Julie Tsai Law

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    Julie Tsai Law

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    Julie Tsai Law Realty Group partners with you throughout your home search process, providing their expertise and deep knowledge of San Francisco Bay Area’s real estate market to help you find a home you love.

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    Details

    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.

    Features

    General Features

    • Listing ClassResidential
    • Parcel059-094-160
    • Year Built1925
    • Property TypeSingle Family Home
    • ZoningR20000
    • # of Stories1
    • FoundationCrawl Space
    • Age99
    • Horse PropertyNo

    Interior Features

    • Dining Room FeaturesOther
    • Family Room FeaturesNo Family Room

    Utilities & Energy

    • UtilitiesPublic Utilities
    • Sewer/SepticSewer - Public
    • CoolingNone
    • WaterPublic
    • HeatingOther

    Parking

    • Parking FeaturesDetached Garage

      Neighborhood

      Horgan Ranch Etc.

      Market Conditions

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