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$7,495,000
Est. payment /mo
0.64 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82014995
HOA Y/N No
Year Built 1961
Annual Tax Amount $83,552
Lot Size 0.642 Acres
Property Description
Turnkey 14-Unit Multifamily in Prime Belmont Location Exceptional investment opportunity in the heart of Belmont featuring a well-maintained 14-unit building with a desirable mix of (4) 2BD/1BA and (10) 2BD/2BA units. Most units have been recently renovated with luxury vinyl plank flooring, quartz countertops, stainless steel appliances, modern baths, and in-unit laundry. Each unit includes a private patio or deck. Community amenities include covered and off-street parking, a heated swimming pool, and shared laundry facilities. Recent 2024 electrical upgrades include a new main service and subpanels. Ideally located near Ralston Avenue with easy access to Hwy 101, I-280, and major Peninsula employers. A stabilized asset with strong current income and future upside in a high-demand rental market.
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning R30000
Interior
Heating Forced Air
Fireplace No
Exterior
Carport Spaces 15
Roof Type Bitumen,Shingle
Total Parking Spaces 7
Building
Water Public
Schools
Middle Schools Other
High Schools Carlmont
School District Other
Others
Tax ID 045013170
Special Listing Condition Standard
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Listed by Mark Campana Anchor Realty