---
listing_id: ML81997635
status: Closed
price: 1945000
beds: 0
baths_full: 0
baths_half: 0
sqft_living: 5050
sqft_lot: 5500
lot_acres: 
year_built: 1964
property_type: Residential Income
property_subtype: 
address: "154 Poplar Ave"
city: Redwood City
state: CA
zip: 94061
county: "San Mateo County"
lat: 37.475213
lng: -122.223323
days_on_market: 384
hoa_fee: 
hoa_frequency: 
garage_spaces: 1
list_agent: "Matthew Thomson"
list_office: "Compass"
list_agent_phone: "(650) 515-6555"
list_agent_license: 01471708
mls_source: MLSL
modified: 2026-01-30
transaction_type: recentlySold
---

Home | San Mateo County | Redwood City | 94061 | 154 Poplar Ave

154 Poplar Ave, Redwood City, CA 94061

MLS: ML81997635 | Status: | Price: $1,945,000
Beds/Baths: – / –
Property Type: Residential Income

Quick Facts

Beds Baths Sq Ft Sq Ft Lot Yr Built
5,050 5,500 1964

Remarks

Prime 5-unit apartment building. Excellent unit mix: (3) 2+1, (2) 1+1. 5.78% DAY ONE CAP RATE. 11.97 DAY ONE GRM. Outstanding cash flow and strong in-place RUBS & laundry income. Ideally located west of the El Camino Real in close proximity to all the dining, shopping & entertainment amenities of downtown Redwood City. Strategically positioned between San Francisco and San Jose, Redwood City continues to be one of the most dynamic and rapidly growing cities on the mid-Peninsula. The area has experienced significant expansion, with an influx of major technology companies and a thriving downtown core. In recent years, downtown Redwood City has undergone a significant transformation, solidifying its status as a premier destination for businesses, residents, and visitors. This is part of a 29 unit portfolio sale consisting of 5 buildings, available as a portfolio or separately in any combination: 3786 Rolison Road, Redwood City - 12 Units, 154 Poplar Avenue, Redwood City - 5 Units, 505 Pierce Road, Menlo Park: 5 Units, 513 Pierce Road, Menlo Park - 5 Units, 501 Pierce Road, Menlo Park - Duplex. All properties on MLS.

MLS Listing Information

Field Value
MLS # ML81997635
MLS Source MLSListings, Inc.

Features

Interior Features

Feature Details
Cooling None
Heating Gas

Exterior Features

Feature Details
Roof Flat
Foundation Concrete Perimeter

Parking, School, and Other Information

Feature Details
Garage/Parking Attached Garage, Carport, Garage: 1 Car(s)
Elementary District Redwood City Elementary
High School District Sequoia Union High
Sewer Public Sewer
Water Public
Zoning R3

Contact Information

Listing Agent Co-Listing Agent
Matthew Thomson Steve Zirelli
Compass
License #: 01471708 License #: 01929245
Phone: (650) 515-6555 Phone: (650) 224-3118

Property Units

# Buildings # Leased Units # Total Units
1 4 5

Unit Details

Type Sq Ft Beds Baths Min Rent Max Rent Units Like This
1 2 1/0 $3,050 $3,200 3
2 2 1/0 $2,300 $2,300 2

School Ratings

School data provided by GreatSchools.org

Nearby Schools

School Type Grades Distance Rating
Hoover Elementary School public K-8 0.64 mi 5
McKinley Institute Of Technology public 6-8 0.80 mi 6
North Star Academy public 3-8 0.84 mi 9
Orion Alternative School public K-5 0.96 mi 8
Sequoia High School public 9-12 1.04 mi 7
Sequoia District Adult Education public UG 1.14 mi N/A
Garfield Elementary School public K-8 1.19 mi 6
Adelante Selby Spanish Immersion School public K-5 1.19 mi 5
Roosevelt Elementary School public K-8 1.27 mi 4
John F. Kennedy Middle School public 6-8 1.34 mi 7
Henry Ford Elementary School public K-5 1.38 mi 3
Taft Elementary School public K-5 1.60 mi 4
Redwood High School public 9-12 1.80 mi 2
White Oaks Elementary School public K-3 2.00 mi 10
Roy Cloud Elementary School public K-8 2.08 mi 9
Encinal Elementary School public K-5 2.18 mi 9
San Carlos Student Services Preschool public UG 2.24 mi N/A
Woodside High School public 9-12 2.25 mi 8
Clifford Elementary School public K-8 2.25 mi 6
Las Lomitas Elementary School public K-3 2.66 mi 10

Disclosures

©2026 MLSListings Inc. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.

Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.

This listing information is up-to-date as of January 30, 2026. For the most current information, please contact Matthew Thomson, (650) 515-6555.