$3,800,000
For Sale

238 Poplar Avenue

Redwood City, CA 94061
0.25 acres | #ML81983012
Listing OfficeMarcus & Millichap
Browse 12 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

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.

  • Property Details
      • Acres0.2525
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1979
  • Utilities / Energy Details
      • Utility SourcePublic
  • Community and Neighborhood Details
      • Middle SchoolJohn F. Kennedy
      • CountySan Mateo
      • High SchoolWoodside
      • School DistrictOther
      • Elementary SchoolOther
  • Financial Details
      • Original List Price$3,800,000
      • Taxes Annual$42,100
  • Other
      • MLS #ML81983012

Location

SparrowLily Realty, Inc.Real Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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