$3,288,000
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9,478 Sqft Lot
SOLD DATE : 08/23/2024
Key Details
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81973393
Sold Date 08/23/24
HOA Y/N No
Year Built 1970
Annual Tax Amount $39,508
Lot Size 9,478 Sqft
Property Description
First time on the market since 1970! This 6-unit apartment complex, owned by the same family since its construction in 1970, offers investors a chance to acquire a turnkey property in North San Mateo. Situated on a 9,480 SF parcel (0.213 acres), the complex boasts an impressive unit mix: one 2-bedroom, 2.5-bath townhouse style unit, two 2-bedroom, 1.5-bath townhouse style units, one 2-bedroom, 2-bath units and two one-bedroom units with generous floorplans and interior upgrades. Exceptionally well-maintained and professionally managed, the property features five units with remodeled kitchens and bathrooms. All units are equipped with dishwashers, garbage disposals, forced air heating, wood-like luxury vinyl flooring downstairs, carpeting upstairs, and either a yard, private patio, or private deck. Recent updates include new siding, double-pane windows, a concrete driveway, a water heater, and a freshly painted exterior. Located between Silicon Valley & SF close to transportation and shopping & access to highways 101 and 280. Please do not disturb tenants. Matterport walk-through tour link for each unit and a comprehensive marketing brochure is available upon request.
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning R3
Interior
Cooling None
Fireplace No
Exterior
Carport Spaces 6
Utilities Available Natural Gas Available
Roof Type Composition,Tar/Gravel
Total Parking Spaces 3
Building
Water Public
Schools
Elementary Schools Other
Middle Schools Other
High Schools San Mateo
School District Other
Others
Tax ID 032113090
Financing Cash
Special Listing Condition Standard
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