Bought with Rob Chiang • Robert Chiang Real Estate ServicesIncorporated
$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
Originating Board Datashare MLSListings
Year Built 1979
Lot Size 0.390 Acres
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
Interior
Heating Forced Air
Fireplace No
Exterior
Handicap Access Other
Building
Water Public
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