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
$3,400,000
Poplar Redwoodcity, Redwood City, CA 94061
2beds
2baths
7,000sqft
Five Or More Units, Residential Income
Built in 1979
-- sqft lot
$1,977,500 Zestimate®
$486/sqft
$2,628 Estimated rent
Home value
$1,977,500
$1.78M - $2.20M
$2,628/mo
Zestimate® history
Owner options
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$2,628/mo
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$2,628/mo
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$21,370/mo
Est. payment
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$21,370/mo
Est. payment
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List your homeWhat's special
Three-parcel layout
Zillow last checked:
Listing updated:
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
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
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 & HOA
Location
- Region: Redwood City
Financial & listing details
- Price per square foot: $486/sqft
- Date on market: 10/8/2024
- Listing agreement: ExclusiveRightToSell
- Lease term: Month To Month
Price history
| Date | Event | Price |
|---|---|---|
| 2/12/2025 | Sold | $3,400,000-5.6%$486/sqft |
Source:  MLSListings Inc #ML81983012 Report a problem | ||
| 1/27/2025 | Pending sale | $3,600,000$514/sqft |
Source: MLSListings Inc #ML81983012 Report a problem | ||
| 1/14/2025 | Contingent | $3,600,000$514/sqft |
Source: MLSListings Inc #ML81983012 Report a problem | ||
| 1/8/2025 | Price change | $3,600,000-5.3%$514/sqft |
Source: MLSListings Inc #ML81983012 Report a problem | ||
| 10/8/2024 | Listed for sale | $3,800,000$543/sqft |
Source: MLSListings Inc #ML81983012 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Woodside Plaza
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Nearby schools
GreatSchools rating
- 4/10Henry Ford Elementary SchoolGrades: K-5Distance: 0.4 mi
- 7/10John F. Kennedy Middle SchoolGrades: 6-8Distance: 0.2 mi
- 8/10Woodside High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: HenryFordElementary
- Middle: JohnFKennedyMiddle_2
- High: WoodsideHigh
- District: RedwoodCityElementary
Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,977,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,977,500
- California
- San Mateo County
- Redwood City
- 94061
- Woodside Plaza
- Poplar Redwoodcity
Nearby cities
Nearby neighborhoods
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