$5,800,000
$6,500,000
10.8%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
1 Bath
15,958 SqFt
SOLD DATE : 06/21/2024
Key Details
Sold Price $5,800,000
Property Type Commercial
Sub Type Five or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 15,958 sqft
Price per Sqft $363
MLS Listing ID ML81952772
Sold Date 06/21/24
Bedrooms 3
Full Baths 1
Year Built 1961
Lot Size 10,400 Sqft
Property Description
15-unit apartment complex located ~1/2 mile from Downtown & Caltrain w/ Current Cap Rate of 5.7%! ALL unit interiors are renovated (15 out of 15) with open floorplans, new kitchens, new flooring, updated bathrooms & private washer/ dryer in every unit. Marketing Package available upon request.
Location
State CA
County San Mateo
Area High School Acres Etc.
Zoning R40000
Interior
Heating Wall Furnace
Cooling None
Exterior
Garage Carport
Utilities Available Individual Electric Meters, Individual Gas Meters
Roof Type Flat / Low Pitch
Building
Foundation Concrete Slab
Sewer Sewer Connected
Water Water On Site
Others
Restrictions None
Tax ID 053-035-240
Security Features Other
Special Listing Condition Not Applicable
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Bought with Mitchell Zurich • Marcus & Millichap