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$2,890,000

  • Sold
  • Closed
  • Commercial Residential Facility
  • 6,249 Sq. Ft.
  • 0.1602 Acres
See This Home
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See This Home
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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.

Full Property Details for 517 Vera Ave

General

  • Sold For: $2,890,000
  • Status: Closed
  • Type: Commercial Residential Facility
  • Source: RE_Infolink
  • MLS ID: ML82020310
  • Added to Site: 135 day(s) ago

Interior

  • Flooring: Vinyl / Linoleum

Rooms

Other Rooms

  • Laundry: Coin-Operated

Additional Information

  • Security/Safety: Other

Parking

  • Parking Features: Carport , Off-Street Parking

Location

  • Area: Central Park Etc.
  • County: San Mateo
  • Cross Streets: Monroe St

Heating & Cooling

  • Cooling Type: Window / Wall Unit

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Metering: Master Electric, Master Gas, Separate Electric, Separate Gas

Structural Information

  • Construction: Wood Frame
  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle
  • Disability Access: Other
  • Square Feet: 6,249
  • Year Built: 1964

Unit Information

Unit 1

  • Bedrooms: 1

Unit 2

  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.1602
  • Minimum Lot Size: 6980
  • Building Sites: 1
  • Zoning: R-4

Disclosures and Reports

  • Restrictions: None

Listed by Marcus & Millichap, Jimmy Castellanos and Marcus & Millichap, AJ Decristoforo
Sold by Sjgs05, Chee Lee

Listing agents

— 517 Vera Ave —

  • Jimmy Castellanos

    Marcus & Millichap

  • AJ Decristoforo

    Marcus & Millichap

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 517 Vera Ave

School Districts:Redwood City Elementary School District, Sequoia Union High School District
NameGradesDistance
Roosevelt Elementary School, Redwood City, CA
2223 Vera Avenue, Redwood City, CA 94061
K-81 mi
John F. Kennedy Middle School, Redwood City, CA
2521 Goodwin Ave., Redwood City, CA 93239
6-81.3 mi
Sequoia High School
1201 Brewster Avenue, Redwood City, CA 94062
9-120.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 517 Vera Ave

Date
Details
Price
Change
Source
10/03/2025
Sold
$2,890,000
—
MLS
9/04/2025
Listed
$2,890,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Marcus & Millichap, Jimmy Castellanos and Marcus & Millichap, AJ Decristoforo
Sold by Sjgs05, Chee Lee

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Price Reduced near 517 Vera Ave

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Recent Sales near 517 Vera Ave

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517 Vera Ave, Redwood City, CA 94061 (MLS# ML82020310) is a Commercial Residential Facility property that was sold at $2,890,000 on October 03, 2025. Want to learn more about 517 Vera Ave? Do you have questions about finding other Commercial Residential Facility real estate for sale in Redwood City? You can browse all Redwood City real estate or contact a Coldwell Banker agent to request more information.