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 |
Subtype | Resale |
Status | Active |
Year | 1979 |
Days On Site | 62 |
Listing Provided By | Marcus & Millichap (650) 391-1700 | Jimmy Castellanos |
Sq Feet | 7,000 |
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Car Port | Yes |
Buildings | 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 |
Listing VS Median (in 94061) | |
Price: $3,800,000 low | high Med: $1,599,500 SqFt: 7,000 low | high Med: 2,058 $ / SqFt: $543 low | high Med: $882 On Site: 62 low | high Med: 39.000000 |