154 Poplar Avenue, Redwood City, CA 94061 - Berkshire Hathaway HomeServices California Properties

154 Poplar Avenue, Redwood City, CA 94061

$1,995,000 Approx. USD 0 beds, 0 baths

Listing Agent


Matthew Thomson | matt.thomson@compass.com
Lic#: 01471708
Broker: Courtesy of Compass

Co Listing Agent


Steve Zirelli | szirelli@aranewmark.com
Lic#: 01929245
Broker: Courtesy of Cornish & Carey Commercial

Agent Remarks

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.

Listing Details

Property type: (Commercial)
Status: Pending
MLS# ML81997635
Price: $1,995,000
HOA Fee is $0.00
Built in 1964
0.13 acres
Lot size: 0.1263
County: San Mateo
Zoning: R3
Heating/cooling: None
MLS area: 699 - Not Defined

Last Updated: 4/7/2025

 Days On Market (DOM): 23

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This listing belongs to the 699 - Not Defined MLS area

Lat/Long: 37.475214, -122.223324.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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