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VeraRedwood City, CA 94061

For Sale

$2,890,000

Smart Buyer Rebate $28,900

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.

Listed by Jimmy Castellanos

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License #02024152

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Marcus & Millichap

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408-483-5040

Listed by AJ Decristoforo

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License #02162593

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Marcus & Millichap

Last updated September 09, 2025

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Source: MLSListings #ML82020310

Listing Facts

  • TypeMulti-family
  • NeighborhoodRedwood Oaks
  • Days on Prevu6
  • Size6,249 sqft
  • Price per sqft$462

Amenities

  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

09/04/2025
Listed by Marcus & Millichap
$2,890,000

Property Details for Vera

Association

General

  • Number Of Units In Community: 6

Exterior

Construction

  • Roof: Composition, Shingle
  • Year Built: 1964

Measurements

  • Building Area Total: 6,249
  • Lot Size Acres: 0.16
  • Lot Size Area: 6,980
  • Lot Size Square Feet: 6,980

Financial

Taxes

  • Parcel Number: 053-081-160

Interior

Features

  • Flooring: Vinyl/Linoleum

Measurements

  • Living Area: 6,249

Other

Features

  • Accessibility Features: Other

Parking

Parking

  • Carport: Yes
  • Parking Features: Carport, Off-Street Parking

Schools

Elementary School

  • Elementary School: Roosevelt Elementary_3
  • Elementary School District: Redwood City Elementary

High School

  • High School: Sequoia High_1
  • High School District: Sequoia Union High

Middle or Junior School

  • Middle Or Junior School: John F. Kennedy Middle_2

Utilities

Equipment

  • Cooling: Window/Wall Unit
  • Heating: Central Forced Air
  • Laundry Features: Coin Operated
  • Sewer: Public Sewer
  • Utilities: Public Utilities, Water - Public
  • Water Source: Public

Based on information from MLSListings™️ and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.