520 Vera Avenue

Redwood City, CA 94061

$1,350,000
Price
Beds
2,006 Sq. Ft.
$673 / Sq. Ft.
2,006
Sq. Ft.
$673
per Sq. Ft.

Description

Great opportunity to own a duplex on the west side of El Camino. Each duplex is a 2 bedroom and 1.5 bath with 1 car garage and in-unit washer and dryer. 522 Vera (rear unit) is vacant and updated with hardwood floors, granite countertops, and updated bathrooms. 520 Vera (front unit) has the opportunity to make it your own with updates, or carpet and paint for the next tenant. The front unit is occupied and has been given notice. Abundance of opportunities, live in one and rent the other or update...

Property Details for 520 Vera Avenue

MLS City Name
REDWOOD CITY
Building Type
DUPLEX
Garage Spaces
2
Parking Spaces
2

Property Details for 520 Vera Avenue

StatusPending
MLS #ML81800583
Year Built1963
Compass TypeMulti Family
MLS Type2-4 Units / 2 Units
Lot Size0.11 AC / 4,639 SF
Taxes$3,697 / year
Condo/Co-op Fees-
HOA Fees-
CountySan Mateo County

Listing Agent

Contact Agent(s)

Location

Listing Courtesy of Compass, Stacey Jamison, DRE #01996000

Listing Agent

  1. Stacey Jamison

    Listing Agent

    Compass

    DRE #01996000

Building Information for 520 Vera Avenue

Stories1Residences2Year Built1963Building Size-Lot Size0.11 AC / 4,639 SF

Payment Calculator

$5,164 per month

30 year fixed, 3.51% Interest

Principal and Interest

$4,856

Property Taxes

$308

HOA Dues

$0

Similar Homes

Property Information for 520 Vera Avenue

Features
    Features
  • Living SqFt: 2006
  • Pool: No
  • Security Features: None
  • Special Features: None
    Utilities
  • Cooling: None
  • Heating: Central Forced Air - Gas
  • Meters: Master Water, Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Public Utilities
  • Water: Public
    Carport and Parking
  • Carport Min: 0
    Garage
  • Garage Parking Features: Assigned Spaces, Attached Garage, On Street
Property Details
    Homeowners Association
  • HOA Exists: 0
    Property Details
  • Area Text: Central Park Etc.
  • Roof: Composition
  • Subclass: Duplex
  • Year Built Source: Assessor
  • Street Number: 520
  • Street Name: Vera
  • Street Suffix: Avenue
  • Area ID: 333
Lot / Property Details
    Building Information
  • Number Of Stories: 1
  • Number of Buildings: 2
  • Structure SqFt: 2006
  • Structure SqFt Source: Other
  • Age: 57
    Development Information
  • Zoning Detail: R2
    Location Information
  • City Limits: Yes
  • Cross Street: Fulton St.
  • Incorporated: No
  • Parcel Number: 053-052-180
  • County Name: San Mateo
  • City Name: REDWOOD CITY
  • City Postal ID: 50
  • Postal Code: 94061
  • Elementary School District: 935
  • High School District Text: Sequoia Union High
    Lot Information
  • Foundation: Concrete Perimeter and Slab
  • Horse Property: No
  • Lot Acres: .11
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Mobile / Manufactured Information
    Other Information
  • Dual Variable: 0
Multi Family Information
    Building Information
  • No Of Leased: 1
    General Information
  • Annual Tax Amount: $3,697
  • Building Unit Total: 2
  • Capitalization Rate: 2.04
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Rents
  • Vacancy Factor: 0
    Income / Expense Details
  • Expense Insurance: $515
  • Expense Landscape: $0
  • Expense Maintenance: $10
  • Expense Management: $0
  • Expense Trash: $2,920
  • Expenses Other: $0
  • Expenses Utility: $2,920
  • Expenses Total: $10,062
  • Operating Expenses Include: Insurance, Maintenance
  • Gross Rent Multiplier: 35.95
  • Income Annual Gross: $37,557
  • Income Annual Rental: $37,557
  • Income Gross Scheduled: $37,557
  • Income Other: $0
    Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Half Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $1,550
    Unit 2 Information
  • Unit 2 Approx Square Footage: 1003
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Half Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
    Unit Type 1
  • Unit Type1 Approx SqFt: 1003

Property History for 520 Vera Ave

DateEvent & SourcePriceAppreciation
Jul 17, 2020

Pending

EBRD #ML81800583

Jul 16, 2020

Pending

MLSListings #ML81800583

Jul 11, 2020

Listed (Active)

MLSListings #ML81800583

$1,350,000
DateEvent & SourcePrice
07/17/2020

Pending

EBRD #ML81800583

07/16/2020

Pending

MLSListings #ML81800583

07/11/2020

Listed (Active)

MLSListings #ML81800583

$1,350,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 520 Vera Avenue

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
North Star AcademyPublic3-80.3 mi
10
Mckinley Institute Of TechnologyPublic6-80.3 mi
5
Redeemer Lutheran SchoolPrivateK-80.3 mi
NR
Our Lady Of Mt. CarmelPrivatePK-80.5 mi
NR

North Star Academy

3-8, 0.3 mi, Public

10

Mckinley Institute Of Technology

6-8, 0.3 mi, Public

5

Redeemer Lutheran School

K-8, 0.3 mi, Private

NR

Our Lady Of Mt. Carmel

PK-8, 0.5 mi, Private

NR

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Stacey Jamison, DRE #01996000

Based on information from the San Francisco Association of Realtors as of 07/11/2020 07:00 AM, the MLSListings MLS as of 07/11/2020 07:00 AM, or the BAREIS MLS as of 07/11/2020 07:00 AM. MLS data is deemed reliable but is not guaranteed accurate by the MLS. Information is provided for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purposes other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 08/03/2020 11:53 PM