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Rick Lee

rickjleehomes@gmail.com +1(714) 943-1598

$ 3,800,000

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238 Poplar AVE Redwood City, CA 94061

7,000 SqFt

UPDATED:

10/08/2024 08:13 PM

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 7,000 sqft

Price per Sqft $542

MLS Listing ID ML81983012

HOA Y/N No

Year Built 1979

Annual Tax Amount $42,100

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 699 - Not Defined

Zoning R40000

Interior

Heating Central

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Carport Spaces 14

Roof Type Composition

Building

Water Public

Schools

Elementary Schools Other

Middle Schools John F. Kennedy

High Schools Woodside

School District Other

Others

Tax ID 053282380

Special Listing Condition Standard

Listed by Jimmy Castellanos • Marcus & Millichap

Rick Lee

Team Leader | License ID: 02130981

+1(714) 943-1598

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Rick Lee

Rick Lee

238 Poplar AVE Redwood City, CA 94061

Key Details

Location

Interior

Exterior

Building

Schools

Others

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238 Poplar AVE