238 Poplar AVE new

Redwood City,CA 94061

$ 3800000

2 Beds

2 Baths

7000 SqFt


Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 7,000 sqft

Price per Sqft $542

MLS Listing ID ML81983012

Bedrooms 2

Full Baths 2

Year Built 1979

Lot Size 0.390 Acres

Property Description

Jimmy Castellanos and AJ DeCristoforo are pleased to present 238 Poplar Avenue, a standout investment opportunity in Redwood City, CA. This multifamily property consists of seven expansive 2-bedroom, 2-bathroom units, highly desirable for renters seeking space and comfort. Each unit averages in size roughly 1,000 square of living space, while the property's three-parcel layout includes 14 parking spaces. In a city where the median single-family home price is $1.8 million, according to Redfin, this multifamily asset presents an exceptional value proposition to acquire seven residential units for below $550,000 per unit.

Location

State CA

County San Mateo

Area Central Park Etc.

Zoning R40000

Interior

Heating Central Forced Air

Cooling Window / Wall Unit

Exterior

Garage Carport

Utilities Available Public Utilities

Roof Type Composition

Building

Foundation Concrete Perimeter,Concrete Slab

Sewer Sewer - Public

Water Public

Others

Special Listing Condition Not Applicable

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