Bought with Mitchell Zurich • Marcus & Millichap
$4,885,000
$5,200,000
6.1%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
1 Bath
11,820 SqFt
SOLD DATE : 04/29/2025
Key Details
Sold Price $4,885,000
Property Type Commercial
Sub Type Five or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 11,820 sqft
Price per Sqft $413
MLS Listing ID ML81992628
Sold Date 04/29/25
Bedrooms 2
Full Baths 1
Year Built 1968
Lot Size 0.283 Acres
Property Sub-Type Five or More Units
Property Description
424 Richmond Drive is a rare opportunity with ALL 2-bedroom units (12)! The property boasts an excellent return with income upside, while providing strong appreciation potential in one of the strongest locations in the Bay Area. Marketing Package and DD File available upon request.
Location
State CA
County San Mateo
Area Meadow Glen
Zoning Apartments
Interior
Heating Other
Cooling None
Exterior
Parking Features Covered Parking
Utilities Available Individual Electric Meters
Roof Type Composition,Flat / Low Pitch
Building
Foundation Concrete Perimeter and Slab
Sewer Sewer Connected
Water Water On Site
Others
Restrictions None
Tax ID 021-432-170
Security Features None
Special Listing Condition Not Applicable
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