403 Vera Avenue, Redwood City, California 94061

403 Vera Ave. provides an exceptional value-add opportunity for a peninsula investor. Value addition through landscaping, interior renovations, exterior renovations, and rent roll increases. Redwood city is not a rent-controlled market, therefore the substantial upside in rents can be capitalized upon quickly. The functional layout of 403 Vera Avenue provides a garage space for each unit beneath a terrace shared by the top two units. The long backyard provides recreational space for each tenant. Large corner lot. Located in the heart of the peninsula, Vera is perfectly situated for apartment tenants who work at one of the myriad of local tech companies. Redwood City is in incredibly high demand for its adjacent location to ultra-wealthy zip codes and convenient location to all that the San Francisco Bay Area offers. Very close proximity to major Highways 82, El Camino Real, and 101. Located 5 minutes from Downtown Redwood City and the Theatre’s, museums and restaurants that it offers.