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314 Poplar Avenue Redwood City, CA 94061
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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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Bought with HankFarzaneh