CA > Redwood City
Redwood City, CA 94061,154 Poplar AVE
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Redwood City, CA 94061,154 Poplar AVE
Redwood City, CA 94061,154 Poplar AVE
Redwood City, CA 94061,154 Poplar AVE
Redwood City, CA 94061,154 Poplar AVE
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Alan Canas

Alan Canas

+1(415) 298-8940
Listed by Matthew Thomson • Compass
$ 1,995,000
Est. payment /mo
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Active

154 Poplar AVE Redwood City, CA 94061

4 Beds

2 Baths

5,050 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 5,050 sqft

Price per Sqft $395

MLS Listing ID ML81997635

Bedrooms 4

Full Baths 2

Year Built 1964

Lot Size 5,500 Sqft

Property Sub-Type Five or More Units

Property Description

Prime 5-unit apartment building. Excellent unit mix: (3) 2+1, (2) 1+1. 5.78% DAY ONE CAP RATE. 11.97 DAY ONE GRM. Outstanding cash flow and strong in-place RUBS & laundry income. Ideally located west of the El Camino Real in close proximity to all the dining, shopping & entertainment amenities of downtown Redwood City. Strategically positioned between San Francisco and San Jose, Redwood City continues to be one of the most dynamic and rapidly growing cities on the mid-Peninsula. The area has experienced significant expansion, with an influx of major technology companies and a thriving downtown core. In recent years, downtown Redwood City has undergone a significant transformation, solidifying its status as a premier destination for businesses, residents, and visitors. This is part of a 29 unit portfolio sale consisting of 5 buildings, available as a portfolio or separately in any combination: 3786 Rolison Road, Redwood City - 12 Units, 154 Poplar Avenue, Redwood City - 5 Units, 505 Pierce Road, Menlo Park: 5 Units, 513 Pierce Road, Menlo Park - 5 Units, 501 Pierce Road, Menlo Park - Duplex. All properties on MLS.

Location

State CA

County San Mateo

Area Central Park Etc.

Zoning R3

Interior

Heating Gas

Cooling None

Exterior

Parking Features Attached Garage, Carport

Garage Spaces 1.0

Utilities Available Public Utilities

Roof Type Flat / Low Pitch

Building

Foundation Concrete Perimeter

Sewer Sewer - Public

Water Public

Others

Restrictions None

Tax ID 053-282-310

Security Features Security Lights

Special Listing Condition Not Applicable

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154 Poplar AVE