Thank you
Christopher Eckert
KW Advisors
650-627-3700
Attention investors! Here's an exceptional opportunity awaiting your savvy eye: 4-plex unit showcasing a solid history of occupancy, with two units already updated. A potential communal backyard or private outdoor space exclusively for the lower units, elevating the property's desirability and market value to unprecedented heights. Conveniently situated between the esteemed Bay Meadows and Laurie Meadows neighborhoods, this location is an absolute magnet for discerning tenants. With renowned employers in Bay Meadows, verdant parks, and recreational spaces nearby, plus the upscale Hillsdale Shopping Center just a stone's throw away offering an abundance of retail, culinary, and entertainment options, the allure for potential renters is undeniable. Navigating the area is a breeze, as Pacific Boulevard seamlessly transitions into Delaware Street, providing effortless access to all essential destinations without the hassle of traversing El Camino. Furthermore, swift access to major thoroughfares such as Hwy 101 and 92 via this conveniently positioned back road ensures seamless connectivity for both tenants and commuters alike. While the upper deck requires some refurbishment, rest assured, plans for its renovation have already been greenlit/approved by the city.
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Unit No | Unit Key | Total Bath | Total Bed | Full Bath | Half Bath |
---|---|---|---|---|---|
1 | 1065349931 | 0 | 1 | 0 | 0 |
2 | 1065349931 | 0 | 1 | 0 | 0 |
3 | 1065349931 | 0 | 1 | 0 | 0 |
4 | 1065349931 | 0 | 1 | 0 | 0 |
Total Baths: 0
Water Source : Public
Sewer : Public Sewer
Roof : Tar/Gravel
None
Air Conditioning
Wall Furnace
Has Heating
Year Built: 1957
Building Area Total: 2,288
Roof: Tar/Gravel
None
None
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.1415
Lot Size Source: Assessor
Lot Size Square Feet: 6164
Original List Price: 1,375,000
Listing Contract Date: 2024-04-07
Listing Agreement: Exclusive Right To Sell
Parcel Number: 040073080
Annual Tax: 5628
Garage Description: Carport
Lease Term: Negotiable
Source Listing Status: Active Under Contract
Source Neighborhood: 699 - Not Defined
Zoning: R4
Source Property Type: Residential Income
Area: 699 - Not Defined
Property SubType: Quadruplex
Property Age: 67
Structure Type: Quadruplex
Year Built Source: Assessor
Total Square Feet Living: 2288
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
3920 Fernwood Street, San Mateo, CA,94403 | $1,420,000 | 3 | 1 | 1,110 | 7260 Sqft |
67 W 39th Avenue, San Mateo, CA,94403 | $1,449,000 | 2 | 1 | 1,020 | 5280 Sqft |
2001 La Salle Drive, San Mateo, CA,94403 | $1,798,000 | 2 | 1 | 850 | 6400 Sqft |
3045 Los Prados Street .., San Mateo, CA,94403 | $645,000 | 2 | 2 | 956 | 64155 Sqft |
1951 Ofarrell Street #204, San Mateo, CA,94403 | $1,150,000 | 2 | 2 | 1,238 | -- |
3223 Glendora Dr, San Mateo, CA,94403 | $5,400,000 | -- | -- | -- | 11625 Sqft |
3050 Los Prados Street #6, San Mateo, CA,94403 | $589,000 | 1 | 1 | 633 | -- |
22nd Avenue, San Mateo, CA,94403 | $2,195,000 | 4 | -- | 2,792 | 6864 Sqft |
1951 Ofarrell Street #420, San Mateo, CA,94403 | $988,888 | 2 | 1 | 1,084 | 109155 Sqft |
A Day Avenue #A, San Mateo, CA,94403 | $670,000 | 2 | 1 | 1,000 | -- |
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ByOwner last updated this listing 05/07/2024 @ 03:49
MLS: ML81960497
LISTED BY: Christopher Eckert, KW Advisors
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.