530 Roosevelt Avenue, Redwood City, CA 94061

About this home

RARE DEVELOPMENT OPPORTUNITY IN REDWOOD CITY! Incredible investor, builder, or multi-generational compound potential. This property features a charming existing main home of 3 beds 2 baths on a large lot. Entitlements are complete with Planning and Tentative Condominium Map approved for new construction of a 3-story, 4 unit building at the large rear yard.  Project is ready for a builder to submit building department permits to construct the additional 4 condominium units on the back half of the lottotaling 4,880 square feet of brand-new livable space.  Unit 1 is an 896 sqft, 2-bed, 2-bath unit with a beautiful back patio.  Unit 2 is a 2-bed, 2-bath unit of 844 sqft with a similar back patio.  Unit 3 spans multiple levels, has 1,509 sqft, a planned roof deck, and two ensuite bedrooms.  Unit 4 is the largest at 1,631 sqft, featuring a roof deck and two ensuite bedrooms.  Arborist reports, survey, fire, ADA, parking etcincluded in the disclosures.

Property details

Property type

Single Family

Year built

1910

Lot size

6,645 sqft

Garage spaces

2

Parking spaces

5

Stories

1

County

San Mateo

Listed

today

MLS #

82065792

Listed by

Brendan Callahan · Compass

Features

• Detached Garage
• Enclosed
• Gate / Door Opener
• Parking Area
• Forced Air
• Gas
• Central AC
• Flooring: Hardwood
• Roof: Composition
• Utilities: Public Utilities
• Sewer: Sewer - Public
• Water: Public
• Water: Well