530 Roosevelt Ave, Redwood City, CA 94061

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$2,400,000

bedrooms

bathrooms

square feet

1,290

Acreage

Open Houses

year built

1910

Full Baths

Half Baths

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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.

Location
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MLS number: -

Listing agent: Brendan Callahan

Listing broker: Compass

Last update: Friday, October 30 2026 at 1:31 p.m. EDT

Compass Broker