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Multifamily

238 Poplar Ave

238 Poplar Ave, Redwood City, CA 94061

Listing Price: $3,800,000

Cap Rate
4.03%
GRM
13.92

Investment Overview

Introducing 238 Poplar Ave, this standout investment opportunity is situated near the heart of Redwood City, CA. This well-maintained multifamily property features seven expansive 2-bedroom, 2-bathroom units, each offering an impressive 1,000 square feet of living space. The spacious unit mix is ideal for renters seeking comfort and room to grow, making the property highly appealing in today’s rental market. The property also boasts ample parking, with 11 spaces across three separate parcels, adding convenience for residents and further enhancing its investment value.

Located in the desirable Central Park neighborhood, 238 Poplar Ave is within close proximity to Redwood City’s vibrant downtown, giving tenants easy access to a variety of shops, dining, and entertainment options. Despite its urban access, the property retains a tranquil residential feel, enhanced by a charming central patio area where residents can relax. Additionally, Redwood City’s booming economy and proximity to Silicon Valley’s major employers ensure a strong demand for housing, making this an ideal location for renters drawn to the area’s employment opportunities.

With a meticulous maintenance record, large units, ample parking, and a serene central patio, 238 Poplar Ave is poised for immediate cash flow and long-term appreciation. Set across three parcels, the property provides a rare opportunity for investors to acquire a well-positioned multifamily asset in Redwood City. Investors can take advantage of both the high rental demand and the potential for future market growth, making this a prime chance to build generational wealth in one of Silicon Valley’s most sought-after locations.

Investment Highlights

  • Prime Silicon Valley Location: Centrally located near major tech employers like Google, Apple, and Oracle, ensuring strong rental demand.
  • Thriving Economy: Redwood City's booming economy, with a $1.8M median home price, promises long-term real estate value.
  • Desirable Property: 238 Poplar Ave offers seven large 2BD/2BA units, ample parking, and strong potential for both cash flow and appreciation.
  • Strong Job Market: Proximity to Silicon Valley's top employers ensures steady demand and future rent growth.
  • Close to Downtown: Located near downtown Redwood City and Central Park, providing convenience and appeal for renters.

Exclusively Listed By

Multifamily

238 Poplar Ave

Investment Highlights

  • Prime Silicon Valley Location: Centrally located near major tech employers like Google, Apple, and Oracle, ensuring strong rental demand.
  • Thriving Economy: Redwood City's booming economy, with a $1.8M median home price, promises long-term real estate value.
  • Desirable Property: 238 Poplar Ave offers seven large 2BD/2BA units, ample parking, and strong potential for both cash flow and appreciation.
  • Strong Job Market: Proximity to Silicon Valley's top employers ensures steady demand and future rent growth.
  • Close to Downtown: Located near downtown Redwood City and Central Park, providing convenience and appeal for renters.

Investment Overview

Introducing 238 Poplar Ave, this standout investment opportunity is situated near the heart of Redwood City, CA. This well-maintained multifamily property features seven expansive 2-bedroom, 2-bathroom units, each offering an impressive 1,000 square feet of living space. The spacious unit mix is ideal for renters seeking comfort and room to grow, making the property highly appealing in today’s rental market. The property also boasts ample parking, with 11 spaces across three separate parcels, adding convenience for residents and further enhancing its investment value. Located in the desirable Central Park neighborhood, 238 Poplar Ave is within close proximity to Redwood City’s vibrant downtown, giving tenants easy access to a variety of shops, dining, and entertainment options. Despite its urban access, the property retains a tranquil residential feel, enhanced by a charming central patio area where residents can relax. Additionally, Redwood City’s booming economy and proximity to Silicon Valley’s major employers ensure a strong demand for housing, making this an ideal location for renters drawn to the area’s employment opportunities. With a meticulous maintenance record, large units, ample parking, and a serene central patio, 238 Poplar Ave is poised for immediate cash flow and long-term appreciation. Set across three parcels, the property provides a rare opportunity for investors to acquire a well-positioned multifamily asset in Redwood City. Investors can take advantage of both the high rental demand and the potential for future market growth, making this a prime chance to build generational wealth in one of Silicon Valley’s most sought-after locations.

Exclusively Listed By

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