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.
MLS# | ML81983012 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active Under Contract |
Year | 1979 |
Days On Site | 106 |
Listing Provided By | Marcus & Millichap (650) 391-1700 | Jimmy Castellanos |
SQ Feet | 7,000 |
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Car Port | Yes |
Building(s) | 4 |
Zoning | R40000 |
Acreage | 0.39 |
State | CA |
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County | San Mateo |
City | Redwood City |
Zip Code | 94061 |
Area | 699 Not Defined |
School District | Other |
Elementary School | Other |
Middle School | John F. Kennedy |
High School | Woodside |
Listing VS Median (in 94061) | |
Price: $3,600,000 low | high Med: $1,850,000 SqFt: 7,000 low | high Med: 1,414 $ / SqFt: $514 low | high Med: $1,308 On Site: 106 low | high Med: 47.000000 |