$12,245,000 401 E Poplar Ave San Mateo, CA

MLS: ML81671172   Type: Multi-Family   County: San Mateo   City: San Mateo   Area: Eastern Addition-downtown Area   Zip: 94401  

Mortgage $57,488 /mo



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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. Station 401 @ Poplar is strategically located in one of the healthiest and thriving sub-markets in the Bay Area. San Mateo County is home to several major Fortune 500 companies including Facebook, Oracle & Genentech. Caltrain is within walking distance and highways 101, 92 & 280 are in close proximity. Tours/Open House Schedule: 8/1/17 Tues. 10:00am to 12:00pm, 8/3/17 Thurs. 1:00pm to 3:00pm, 8/8/17 Tues. 10:00am to 12:00pm

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Price History

7/24/2017 Listed $12,245,000

Accessibility None
Age 55
Community Amenities BBQ Area, Playground
Number Of Buildings 1
Zoning Text Multi Family

Interior Features

Cooling None
Heating Wall Furnace

Exterior Features

Foundation Concrete Perimeter
Garage Spaces 0
Meters Separate Electric, Separate Gas
Parking Features Covered Parking
Parking Spaces 4
Pool (Y/N) No
Roof Flat / Low Pitch
Sewer/Septic Sewer - Public
Water Public

Property Schools

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Gallery (18 photos)

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Property vs Zip Code Avg (94401)

Price 12.2M Avg 7.06M

Sqr Feet 23,026 Avg 13,624

Cost / Sqr Ft $532 Avg $519

Acres 0.69 Avg 0.44

Visits 5 Avg 4

Days on Site 25 Avg 70

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Listing Provided Courtesy Of: Steve Zirelli with Cornish & Carey Commercial.

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Location & Address

Barbagelata Real Estate

San Francisco, CA