Redwood City, CA 94061,314 Poplar Avenue
$799,999
$769,000
4.0%
Est.Price: ?

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1 BD
1 BA
610 SqFt

314 Poplar Avenue Redwood City, CA 94061

Est. payment /mo
SOLD DATE : 08/04/2023

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Key Details

Sold Price $799,999

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 610 sqft

Price per Sqft $1,311

MLS Listing ID ML81935623

Sold Date 08/04/23

Bedrooms 1

Full Baths 1

HOA Y/N No

Year Built 1917

Lot Size 5,500 Sqft

Acres 0.1263

Property Description

Attention investors, flippers, builders, developers, and contractors! Are you up to the challenge of transforming this humble shack into a multi-million dollar mansion? A quaint 610 square foot, 1 bedroom, 1 bath bungalow, with "potential, possibilities, and profit" written all over it. A true "fixer upper" property, you can either tear it down to start fresh on a blank canvas with new construction, or expand off the cozy cottage: turning a 1/1 into a more livable 4/2. Or build an entirely new home in front of the existing structure, but preserve the current unit and call it an ADU / granny flat. The 5,500 square foot parcel, with a 60% lot coverage ratio, and 45 foot height limit, means multi-family development is an option. Duplex? Fourplex? or more? This is LITERALLY the only single-family home in all of Redwood City under a million dollars. ARV could be 3x buy price. Offers due Wednesday. Due to condition, cash, hard money / private money, or construction loans are your best bet.

Location

State CA

County San Mateo

Area Listing

Zoning R4

Interior

Heating Other

Cooling None

Fireplace No

Exterior

Garage Spaces 1.0

Private Pool false

Building

Story 1

Foundation Other

Water Public

Level or Stories One Story

New Construction No

Schools

School District Sequoia Union High

Others

Tax ID 053275190

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Bridge MLS
Listed by Shawnna Sullivan • Coldwell Banker Realty
Bought with HankFarzaneh

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Vid Cotarta

Broker Associate | License ID: 01962807

+1(510) 410-3999

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