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Listed by Bryan Danforth • Compass
$3,850,000
Est. payment /mo
3,856 SqFt
Open Wed 11AM-1PM
16 W Bellevue Avenue San Mateo, CA 94402
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Open House
Wed Jul 29, 11:00am - 1:00pm
Wed Aug 05, 12:00pm - 1:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,856 sqft
Price per Sqft $998
MLS Listing ID ML82055296
HOA Y/N No
Year Built 1947
Lot Size 6,377 Sqft
Property Sub-Type Quadruplex
Source Datashare MLSListings
Property Description
TRUE TROPHY FOURPLEX BORDERING HILLSBOROUGH!! The Hillsborough Apartments is an incredible opportunity to acquire a true pride of ownership property in one of the most sought after locations on the peninsula. With outstanding in-place rents, this trophy asset is a true turnkey apartment building perfect for investors, owner-occupiers, and generational family purchasers alike. Strategically positioned west of the El Camino Real, bordering the prestigious Hillsborough neighborhood, this property is a MUST SEE! Attractive Unit Mix: All four units are 2-bed, 1-bath, approximately 1,000 sf each. The property benefits from numerous recent upgrades and capital improvements. All 4 units updated with granite counters and subway tile wainscoting, crown molding, arched walkways, custom cherry cabinets, Restoration Hardware fixtures, Baldwin door knobs & deadbolts, and Leviton dimmer lights and electric plugs. New roof in 2021, new water heaters, new sewer lateral in 2019 & new sewer line and cleanout. New plumbing valves. Double-Paned windows throughout with custom plantation shutters. Energy Efficient Washer/ Dryer in each unit. Add an ADU by converting the garage parking into an additional unit or two to increase value and cash flow!
Location
State CA
County San Mateo
Interior
Heating Wall Furnace
Cooling No Air Conditioning
Flooring Hardwood
Fireplace No
Schools
School District San Mateo Union High, San Mateo-Foster City Elementary
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