Description
This completely renovated 11-unit apartment building offers the seasoned investor an opportunity to create the perfect tenancy in a low-maintenance newly renovated property. the building is offered vacant & ready for occupancy. due to a 2020 electrical fire, the building was completely renovated, and most exterior & interior building components have been replaced including a new roof, stucco exterior, sheetrock, sprinklers, windows & doors, electrical systems, hot water heater & plumbing throughout. lower walkways have fresh cement, upper walkways were refinished and sealed with waterproof coatings. the driveway has a fresh slurry seal, and the parking area has been re-striped. the apartments are all 2-bedroom, 1 bath units, ±850sf each and situated on a ±11,031sf, parcel zoned r-3. the building offers 11 carports + 6 guest parking spaces, an on-site laundry room & 12 storage closets. mls income/expenses are estimated based on nov 2022 appraisal.
Property Type
Residential IncomeCounty
San MateoStyle
Residential IncomeAD ID
42935035
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Property Details
-
Interior Features
Bathroom Information
- Total Baths: 0
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Roof : Composition,Shingle
- Property Appliances: Dishwasher,Electric Oven,Disposal,Range Hood,Vented Exhaust Fan
- Flooring: Laminate
Cooling Features
- None
- Air Conditioning
Heating Source
- Electric
- Has Heating
-
Exterior Features
Building Information
- Year Built: 1985
- Building Area Total: 9,350
- Roof: Composition,Shingle
Foundation
- Slab
Accessibility Features
- None
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.2532
- Lot Size Source: Assessor
- Lot Size Square Feet: 11031
-
Listing Information
Listing Price Information
- Original List Price: 5,478,000
- Listing Contract Date: 2023-01-19
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 021311280
- Annual Tax: 63545
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Covered
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 699 - Not Defined
- Directions: El Camino Real, East on Mateo Avenue and left on Hemlock Avenue Cross Street: Mateo Avenue
- Zoning: R30000
- Source Property Type: Residential Income
- Area: 699 - Not Defined
- Property SubType: Mixed Use
Building and Construction
- Property Age: 39
- Structure Type: Mixed Use
- Year Built Source: Other
- Total Square Feet Living: 9350
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BuyOwner last updated this listing 12/18/2024 @ 19:40
- MLS: ML81916660
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 9,350 sqft, 11,031 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Millbrae , in zip code 94030, this San Mateo County Home are nearby neighborhoods.