CA > Redwood City
Redwood City, CA 94061,154 Poplar Avenue
Redwood City, CA 94061,154 Poplar Avenue
Redwood City, CA 94061,154 Poplar Avenue
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Listed by Matthew Thomson • Compass
$1,995,000
Est. payment /mo
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5,050 SqFt
Pending

154 Poplar Avenue Redwood City, CA 94061

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Kenneth Er

Kenneth Er

Compass

+1(510) 828-8572

UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Pending

Purchase Type For Sale

Square Footage 5,050 sqft

Price per Sqft $395

MLS Listing ID ML81997635

HOA Y/N No

Originating Board Datashare MLSListings

Year Built 1964

Lot Size 5,500 Sqft

Property Sub-Type Other

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

Interior

Heating Natural Gas

Cooling None

Fireplace No

Building

Water Public

Bay East AOR and Contra Costa AOR
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

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agent

Kenneth Er

Agent | License ID: 01942269

+1(510) 828-8572

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