401 E Poplar Ave

    San Mateo, CA 94401
    • $11,395,000
    • STATUS: Active
    • ON SITE: 60 days
    • ID#: ML81747451
    UPDATED: 61 min ago
    $11,395,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 23,026
      SQFT
    • $495
      $/SQFT
    Type:
    Multi-Family
    Built:
    1962
    County:

    School Ratings & Info

    Description

    SIGNIFICANT PRICE REDUCTION! 401 Poplar sits on an oversized 30,100 SF lot with 23,026 SF of rentable space. The building consists of (16) one bedroom/ one bath units and (15) studios. Five units have private backyards or patios. All units benefit from significant interior upgrades including new paint scheme, renovated kitchens & baths, new LVT flooring, recessed lighting & new wall heaters. Tenants enjoy a brand new spacious community BBQ and playground area, new upscale secure entrance & signage, private gated complex, new paint, doors & double pane windows, and an on-site laundry facility. The current owners have meticulously maintained the property allowing a new landlord to acquire a true turnkey investment. All numbers based on CURRENT rent roll.

    Monthly Payment Calculator



    © 2019 MLSListings Inc. Based on information from MLSListings MLS as of 2019-06-17T08:48:06.54. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Strock Real Estate.

    Licensed in the State of California.
    www.strockrealestate.com/homes/93789988

    401 E Poplar Ave San Mateo, CA 94401

    • Price: $11,395,000
    • Status: Active
    • Updated: 61 min ago
    • ID#: ML81747451
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    23,026
    SQFT
    $495
    $/SQFT
    1962
    Built
    Neighborhood:
    Eastern Addition/Downtown Area
    County:
    San Mateo
    Area:
    Eastern Addition/Downtown Area
    Property Description
    SIGNIFICANT PRICE REDUCTION! 401 Poplar sits on an oversized 30,100 SF lot with 23,026 SF of rentable space. The building consists of (16) one bedroom/ one bath units and (15) studios. Five units have private backyards or patios. All units benefit from significant interior upgrades including new paint scheme, renovated kitchens & baths, new LVT flooring, recessed lighting & new wall heaters. Tenants enjoy a brand new spacious community BBQ and playground area, new upscale secure entrance & signage, private gated complex, new paint, doors & double pane windows, and an on-site laundry facility. The current owners have meticulously maintained the property allowing a new landlord to acquire a true turnkey investment. All numbers based on CURRENT rent roll.
    Exterior Features

    Foundation Concrete Slab Garage Parking CarportCovered Parking Number Of Buildings 1 Pool YN No Roof Flat / Low Pitch Units In Complex Min 31

    Interior Features

    Beds Unit1 1 Cooling None Heating GasWall Furnace Structure Sq Ft 23026

    Property Features

    Accessibility Features Parking Additional Listing Info Not Applicable City Name San Mateo Community Name Station 401 @ Poplar Hoa Amenities Bbq AreaCommunity Security Gate Hoa YN No Lot Size Area Maximum 30100.00 Meters Master WaterSeparate ElectricSeparate Gas Rent Unit1 1995 Rent Unit2 1900 Restrictions None Security Features Security Fence Sewer Septic Sewer Connected Sq Ft Source Assessor Utilities Individual Electric MetersIndividual Gas Meters Water Public Zoning Multi Family

    © 2019 MLSListings Inc. All rights reserved. Listing provided courtesy of Matthew Thomson of Newmark Cornish & Carey.


    © 2019 MLSListings Inc. Based on information from MLSListings MLS as of 2019-06-17T08:48:06.54. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Strock Real Estate.

    Licensed in the State of California.
     
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