Property Details
About this Property
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.
MLS Listing Information
MLS #
ML81997635
MLS Source
MLSListings, Inc.
Days on Site
17
Interior Features
Cooling
None
Heating
Gas
Exterior Features
Roof
Flat
Foundation
Concrete Perimeter
Parking, School, and Other Information
Garage/Parking
Attached Garage, Carport, Garage: 1 Car(s)
Elementary District
Redwood City Elementary
High School District
Sequoia Union High
Sewer
Public Sewer
Water
Public
Zoning
R3
Contact Information
Listing Agent
Matthew Thomson
Compass
License #: 01471708
Phone: (650) 515-6555
Co-Listing Agent
Steve Zirelli
License #: 01929245
Phone: (650) 224-3118
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 4 | 5 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | – | 2 | 1/0 | $3,050 | $3,200 | 3 |
| 2 | – | 2 | 1/0 | $2,300 | $2,300 | 2 |
School Ratings
Nearby Schools
| Schools | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Hoover Elementary School | public | K-8 | 0.64 mi | |
| Mckinley Institute Of Technology | public | 6-8 | 0.84 mi | |
| North Star Academy | public | 3-8 | 0.84 mi | |
| Orion Alternative School | public | K-5 | 0.96 mi | |
| Sequoia High School | public | 9-12 | 1.04 mi | |
| Sequoia District Adult Education | public | UG | 1.14 mi | N/A |
| Garfield Elementary School | public | K-8 | 1.19 mi | |
| Adelante Selby Spanish Immersion School | public | K-5 | 1.19 mi | |
| Roosevelt Elementary School | public | K-8 | 1.27 mi | |
| John F. Kennedy Middle School | public | 6-8 | 1.34 mi | |
| Henry Ford Elementary School | public | K-5 | 1.38 mi | |
| Taft Elementary School | public | K-5 | 1.60 mi | |
| Redwood High School | public | 9-12 | 1.80 mi | |
| White Oaks Elementary School | public | K-3 | 2.00 mi | |
| Roy Cloud Elementary School | public | K-8 | 2.08 mi | |
| Encinal Elementary School | public | K-5 | 2.18 mi | |
| San Carlos Student Services Preschool | public | UG | 2.24 mi | N/A |
| Woodside High School | public | 9-12 | 2.25 mi | |
| Clifford Elementary School | public | K-8 | 2.25 mi | |
| Las Lomitas Elementary School | public | K-3 | 2.66 mi |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
154 Poplar Ave is a Residential Income in Redwood City, CA 94061. This 5,050 square foot property sits on a 5,500 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,995,000 and was built in 1964. This address can also be written as 154 Poplar Ave, Redwood City, CA 94061.
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This listing information is up-to-date as of March 13, 2025. For the most current information, please contact Matthew Thomson, (650) 515-6555
