1409 Jefferson Avenue is located one-half mile from the Redwood City Caltrain station offering easy transit to Silicon Valley, San Francisco, and the Peninsula. City approvals have been received and construction is underway on a 5 Bed / 5 Bath house, Studio JADU, and a detached 4 Bed / 4 Bath ADU. We expect to complete a cash out refinance of one-half of investor equity one year after purchase.