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Listed by Jimmy Castellanos • Marcus & Millichap
$ 3,800,000
Est. payment /mo
Active
238 Poplar Avenue Redwood City, CA 94061
7,000 SqFt
UPDATED:
10/09/2024 06:31 PM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 7,000 sqft
Price per Sqft $542
MLS Listing ID ML81983012
HOA Y/N No
Originating Board Datashare MLSListings
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
Interior
Heating Forced Air
Fireplace No
Exterior
Handicap Access Other
Building
Water Public
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