314 Poplar Avenue, Redwood City, CA 94061
Single-family home
Sold August 2023
Listing Agent: Shawnna Sullivan (DRE #00856563) · Listing Office: Coldwell Banker Realty · Contact: (650) 325-6161 · Bought with: Hank Farzaneh · Bay Area Real Estate Services · MLS #ML81935623 · Source: CRMLS
About this single-family home
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.
Listing description from the August 2023 sale, as reported to CRMLS.
Sale history