177 Poplar Avenue, Redwood City, California 94061, Redwood City, 94061 - 0 bed, 0 bath
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177 Poplar Avenue
Redwood City, California 94061
ACTIVE UNDER CONTRACT
CONDITION: FAIR
0Beds
0Baths
4,530Sq Ft
7,500Lot Size
Property Price
LIST PRICE$1,650,000
EST. MARKET VALUE
$1,842,895
10% BelowMARKET VALUE
SUMMARY
This triplex represents a Strong Value Opportunity, listed at $1,650,000—positioned well below the $1,842,895 Fair Market Value by 10%. This valuation gap offers $192,895 in Instant Equity for the buyer. With a Fair Condition Rating, the property provides a stable foundation for value-add renovations. Featuring private garages and a large yard, this asset is perfectly suited for Buy-and-Hold Investors or Owner-Occupants seeking to leverage rental income in a prime, transit-oriented Redwood City location.
Estimated Market Value
$1,842,895+$192,895 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Redwood City.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 177 Poplar Avenue Subject | $1,650,000* List Price | 0 | 0 | 4,530 | $407 | - |
A 134 Bonita Avenue Sold | $2,060,000 | 0 | 0 | 4,838 | $426 | 0.5 mi |
B 217 Madison Avenue Active | $1,699,000 List Price | 0 | 0 | 3,783 | $449 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1978 (46 years old), the property is dated but appears well-maintained. Kitchens and bathrooms feature older cabinetry and fixtures that have not seen a full renovation in over 20 years. The presence of electric baseboard heaters and older window styles suggests original systems. It meets the 'Fair' criteria as it is functional and move-in ready but requires cosmetic and system updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Investment Potential
The triplex configuration, featuring a large 3-bedroom unit alongside two 2-bedroom units, offers excellent flexibility for owner-occupancy or maximizing rental income in a high-demand area.
- Prime Central Location
Situated within walking distance to downtown Redwood City and Woodside Road, the property provides tenants and owners with exceptional access to shopping, dining, and major transit corridors.
- Superior Tenant Amenities
Unlike many multi-family properties, each unit includes its own private garage, and the generous 7,500 square-foot lot provides rare outdoor yard space that commands premium rent.
CONSRISKS & DEFICIENCIES
- Potential Deferred Maintenance
As the property has been held by the same family for over 30 years, it likely requires significant capital investment for modern upgrades and system renovations to achieve top-of-market rents.
- Moderate School Ratings
The assigned public schools have average ratings (4-6), which may limit the property's appeal to families specifically seeking the elite school districts typically associated with the Peninsula.
About 177 Poplar Avenue
Legacy, living or incredible investing... The choice is yours! Welcome to 177 Poplar Avenue, this spacious triplex with (2) two bedroom, one bath units and (1) three bedroom two bath unit will give you owner occupancy options as well as abundant rent right here in the heart of Redwood City! All three have private garages, one with a large yard and so much more. Built in 1978 upon this 7500 square-foot lot within walking distance to downtown Redwood City and Woodside Road this gives access to freeways, shopping, restaurants, and transportation anytime your heart desires. The property has been held in the same family for over 30 years so if you've been waiting for a rare opportunity to own, it's here today! No matter what your plans hold for the property Put it at the top of your must see list today!
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1978
- Lot Size
- 7,500 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Redwood City Unified Schools
Hawes Elementary School
Grades K-5 • 0.5 mi
4/10
Henry Ford Elementary School
Grades K-5 • 1.4 mi
5/10
John F. Kennedy Middle School
Grades 5-8 • 1.3 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 4,530 | 2,315.8 |
| Lot Size | 7,500 | 7,186.5 |
| Price | $1.65M | $1.70M |
| Price per sq ft | $364 | $707 |
| Built year | 1978 | 1956 |
| HOA | $0 | $0 |
| Days on market | 41 | 61 |
Pricing History
Listed for Sale
Jul 30, 2026
$1,650,000
Initial Listing