314 Poplar AVE, Redwood City, CA 94061

$799,999
1
BD
1
BA
610
SqFt

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Listed by Shawnna Sullivan, 650-716-7303 from Coldwell Banker Realty
(If provided) CoList: from

Sold listing courtesy of Hank Farzaneh from FARZA

Sold Price
$799,999
List Price
$769,000
Closing Date
Aug 04, 2023
MLS#
ML81935623
Status
SOLD
Bedrooms
1
Total Bathrooms
1
Full Bathrooms
1
Sqft. of Residence
610
Lot Size
5,500
Listing Area
Central Park Etc.
Year Built
1917

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.

Additional Information

Acres
0.13
Age
106
Bathroom Features
Other
Cooling System
None
Family Room
No Family Room
Foundation
Other
Garage Parking
Detached Garage, Uncovered Parking
Heating System
Other
Living Area
610
Lot Size
5,500
Neighborhood
Central Park Etc.
Other Utilities
Public Utilities
Roof
Composition
Sewer
Sewer Connected
Unincorporated Yn
Yes
Zoning
R4

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