$3,400,000
$3,600,000
5.6%For more information regarding the value of a property, please contact us for a free consultation.
7,000 SqFt
SOLD DATE : 02/12/2025
Key Details
Sold Price $3,400,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 7,000 sqft
Price per Sqft $485
MLS Listing ID ML81983012
Sold Date 02/12/25
HOA Y/N No
Year Built 1979
Lot Size 0.390 Acres
Acres 0.39
Property Sub-Type Other
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
Zoning R400
Interior
Heating Forced Air
Fireplace No
Exterior
Handicap Access Other
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 053282380
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Bought with RobChiang
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "