144 Central Avenue
Redwood City, CA, 94061
$2,500,000
3 Beds
1 Baths
1,340 SqFt
0.32 Acres
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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.

Property Details

Price:
$2,500,000
MLS #:
ML81984315
Status:
Pending
Beds:
3
Baths:
1
Address:
144 Central Avenue
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
699notdefined
City:
Redwood City
Listed Date:
Oct 18, 2024
State:
CA
Finished Sq Ft:
1,340
ZIP:
94061
Lot Size:
13,800 sqft / 0.32 acres (approx)
Year Built:
1925
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