Listed 52 days ago · May 28, 2026 | MLS# ML82048912
$804/sqft -24% vs Redwood City avg
What this means: Priced below the Redwood City per-sqft average. Compare to recent sales below for context.
Est. $16,773/moP&I $13,750 · Tax $2,760 · Insurance $262 · HOA $0Assumes 20% down ($530,000) at 6.75% · Contact Timothy for a lender referralAegis Luxury Real Estate is a licensed California real estate brokerage (DRE# 01328224) and is not a mortgage lender, mortgage broker, or loan originator. The figures shown are estimates for general reference only and do not constitute a loan offer, pre-approval, pre-qualification, or commitment to lend. Estimates use the applicable county average property tax rate of 1.25% of home price annually. Actual rates, payments, taxes, and insurance vary by lender and borrower qualifications. Contact Timothy for a referral to one of our preferred lending partners.
Active listing in Redwood City, Santa Clara County. Convenient access to schools, parks, and Bay Area employment centers.
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0 Bed / 0 Bath / 3,293 sqft on 5,625 sqft Lot
Spec sheet at a glance. See full details below for interior, exterior, and lot features.
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Listed at $2.6M vs City Average $1.8M
$804/sqft compared to Redwood City avg $1,063/sqft (-24.3%).
Best fit forActive BuyersRedwood City SearchersMove-Up / Move-In
About This Home
Magnify is pleased to present 403 Vera Ave, a turnkey property walking distance from downtown Redwood City with over $197,000 in gross income (5.5% cap rate). The building was constructed in 1949 and remodeled to the studs in 2022-2023 along with a new-construction ADU. The property features open floor plans with (1) Two-bed+Den/Two-bath and (4) One-bed/One-bath units. Positioned on a prime corner lot with great frontage, each unit offers a spacious backyard or balcony with a large rooftop deck. Amenities include in-unit washer/dryer, air conditioning, dishwashers & luxury kitchens/baths to enhance tenant appeal and retention. The property has undergone substantial capital improvements to deliver strong in-place rents with modernized systems. All units include an electrical re-wiring with 100-amp subpanels, copper repipe with ABS drain/sewer lines, new-construction dual pane windows, fire sprinkling with a 24/7 monitored alarm system, & condo-quality finishes. The building has a new 400 amp main panel (2022), exterior stucco (2022), low maintenance landscaping (2023), and a newer roof (2015) for minimal long-term maintenance. It is also in close proximity to Stanford, Atherton, Palo Alto, & Menlo Park making it a premier Peninsula asset with strong income & high growth potential.
MLS ID #ML82048912, David Katz. Listing provided by Magnify Real Estate · MLSListings Inc.
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Property Details
Property Type
FiveOrMoreUnits
Year Built
1949
Bedrooms
0
Bathrooms
0 Full
Living Area
3,293 sqft
Lot Size
5,625 sqft
Garage
N/A
Price/sqft
$804
County
SanMateo
MLS Number
ML82048912
Status
Active
Stories
N/A
HOA
None
Interior Features
Electric
Exterior & Lot
Composition, Shingle Roof0.13 Acres
Location
This HomeActive ListingNew (3 days or less)Price ReducedOpen HouseSold
403 Vera AVE, Redwood City, CA 94061 · SanMateo County
Market Context
Price Positioning
$Price context: Listed at $804/sqft vs Redwood City avg $1,063/sqft (24.3% below).
$Sale-to-list: Redwood City homes selling at 104.7% of asking.
⏲Velocity: City avg 23 days. This home: 52 days.
🏠Inventory:0 0-bedroom homes currently available in Redwood City.
Source: MLSListings Inc. Timothy Alston, Broker, DRE# 01328224.
Want to know what this home will actually sell for? Get a data-backed offer range based on recent comparable sales.
CentralParkEtc in Redwood City, California (94061) continues to attract significant buyer interest. 403 Vera AVE, a 0-bedroom home with 3,293 square feet of living space, is listed for $2,650,000. The surrounding market reflects strong demand for properties in this price segment.
0-Bedroom Homes for Sale in Redwood City 94061
Browse 0-bedroom home listings in the CentralParkEtc area of Redwood City. Properties in 94061 are currently averaging $1,063 per square foot with 23 days on market.
What to Expect When Buying in CentralParkEtc
The CentralParkEtc market in Redwood City features a mix of home properties ranging from starter homes to luxury estates. Current inventory levels suggest active conditions for buyers in this area.
Listed at $2,650,000 ($804/sqft). Redwood City avg is $1,063/sqft, placing this 24.3% below. Comparable recent sales help frame the value.
Listed 52 days (as of May 28, 2026). Redwood City average is 23 days.
Est. $16,773/mo with 20% down ($530,000) at 6.75%. Includes principal & interest ($13,750), property tax ($2,760), and insurance ($262). HOA: None. Aegis Luxury Real Estate is a licensed California real estate brokerage (DRE# 01328224) and is not a mortgage lender, mortgage broker, or loan originator. The figures shown are estimates for general reference only and do not constitute a loan offer, pre-approval, pre-qualification, or commitment to lend. Estimates use the applicable county average property tax rate of 1.25% of home price annually. Actual rates, payments, taxes, and insurance vary by lender and borrower qualifications. Contact Timothy for a referral to one of our preferred lending partners.
There are 94 active listings in Redwood City (0 are 0-bedroom). At $2,650,000 this is positioned against the city average of $1,822,515. Similar homes have sold at 104.7% of asking.
0-bedroom homes in Redwood City (94061) are currently averaging $1,063 per square foot. Market activity shows homes spending an average of 23 days on market in this area.
403 Vera AVE in Redwood City is currently listed at $2,650,000. This 0-bedroom, 0-bathroom home is located in the CentralParkEtc area.
The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. Real estate listings held by brokerage firms other than Aegis Luxury Real Estate are marked with the Internet Data Exchange icon (a stylized house) and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from the MLSListings MLS as of Jul 19, 2026 5:15 PM PT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
These statistics are generated using information from the MLSListings Inc. multiple listing service, but have not been verified and are not guaranteed. MLSListings Inc. disclaims any responsibility for the accuracy and reliability of these statistics. This information should not be relied upon for real estate transaction decisions.
Data updated every 15 minutes. Visit www.MLSListings.com for more information.
Information provided is for general informational purposes only. Equal Housing Opportunity. If you are currently working with a real estate agent, this is not intended as a solicitation.
Timothy Alston, Broker, DRE# 01328224, Aegis Luxury Real Estate, 10080 N. Wolfe Rd Ste SW3-200, Cupertino CA 95014. (408) 207-4593.
Last updated: Jul 19, 2026 5:15 PM PT | Source: MLSListings Inc.
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