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.
Sold for $3,400,000 on 02/12/25
$3,400,000
Poplar Redwoodcity, Redwood City, CA 94061
--beds
--baths
7,000sqft
Five Or More Units, Residential Income
Built in 1979
-- sqft lot
$1,919,300 Zestimate®
$486/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: February 12, 2025 at 09:25am
Listed by:
Jimmy Castellanos 02024152 408-483-5040,
Marcus & Millichap 650-391-1700
Bought with:
Rob Chiang, 01915518
Robert Chiang Real Estate ServicesIncorporated
Source: MLSListings Inc,MLS#: ML81983012
Facts & features
Interior
Heating
- Central Forced Air
Cooling
- Wall/Window Unit(s)
Features
- Doors: Other
Interior area
- Total structure area: 7,000
- Total interior livable area: 7,000 sqft
Property
Parking
- Parking features: Carport
- Has carport: Yes
Accessibility
- Accessibility features: Other
Lot
- Size: 0.39 Acres
Details
- Parcel number: 053282380
- Zoning: R40000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Five Or More Units, Residential Income
Materials
- Foundation: Concrete Perimeter, Slab
- Roof: Composition
Condition
- Year built: 1979
Utilities & green energy
- Gas: PublicUtilities
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public Utilities, Water Public
Community & neighborhood
Location
- Region: Redwood City
Other
Other facts
- Listing agreement: ExclusiveRightToSell
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Estimated market value
$1,919,300