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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

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    $21,090/mo

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    $21,090/mo

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    What's special

    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.

    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#: ML81983012MLS Logo

    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