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3 Beds
2 Baths
1,290 sqft

$2,400,000

530 Roosevelt AVE, Redwood City CA, 94061

Price per sqft$1,860.47
Built in1910
Property size1,290 sqft
Property typeResidential

Overview

Active

Listed Oct 26, 2026

Updated 7h ago

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.

$15,967/mo

Est. mortgage payment based on a $2,400,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
82065792ML

Interior Features

Bedrooms
3
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.15 Acres

Other Property Details

Association Fee Frequency
Monthly
Garage
Yes

Listed by Brendan Callahan with Compass
Listing Contact: 650-387-2535 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Burstein LA Homes | CA DRE# 02252630 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2026 Combined L.A./Westside MLS. All rights reserved.

Data last updated 10/28/2026

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