For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $3,250,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,456 sqft
Price per Sqft $1,323
MLS Listing ID ML81736065
Sold Date 06/28/19
HOA Y/N No
Year Built 1951
Annual Tax Amount $36,897
Lot Size 7,535 Sqft
Property Description
The 1x1 units have large light filled open floor plans with walk in pantry in kitchen with eating area and a large master bedroom and vanity area off master bathroom. Large walk in storage are on the first floor below the stairwell could be rented as bike locker or storage for additional income. Pitched composite roof and all dual pane windows. Ample parking with 4 carport parking spaces with storage lockers and 2 open parking spaces. The property appears to have all copper plumbing (buyer to verify). All units appear to have hardwood flooring under the carpets throughout the units other than the kitchen and bathroom area (buyer to verify). Rents are well below market. Unit #2 is vacant, financial information assumes market rent. Unit 1 will be vacant by May 31, 2019 and current rent assumes furnished market rent. Market GRM: 17.46 and Market Cap: 4.03%
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning R30000
Interior
Heating Wall Furnace
Cooling None
Flooring Carpet, Tile, Wood
Fireplace No
Exterior
Garage Covered
Carport Spaces 4
Roof Type Composition
Accessibility None
Parking Type Covered
Building
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Schools
School District Other
Others
Tax ID 071302080
Financing Cash
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Michael Johnston • Compass
GET MORE INFORMATION