$5,800,000
$6,500,000
10.8%For more information regarding the value of a property, please contact us for a free consultation.
10,402 Sqft Lot
SOLD DATE : 06/21/2024
Key Details
Sold Price $5,800,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81952772
Sold Date 06/21/24
HOA Y/N No
Year Built 1961
Annual Tax Amount $70,005
Lot Size 10,402 Sqft
Property Description
15-unit apartment complex located ~1/2 mile from Downtown & Caltrain w/ Current Cap Rate of 5.7%! ALL unit interiors are renovated (15 out of 15) with open floorplans, new kitchens, new flooring, updated bathrooms & private washer/ dryer in every unit. Marketing Package available upon request.
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning R40000
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Carport Spaces 16
Roof Type Flat
Total Parking Spaces 3
Schools
School District Other
Others
Tax ID 053035240
Financing Conventional
Special Listing Condition Standard
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Michelle Esquivel
michelle@michellehomesellingteam.comOur team is ready to help you sell your home for the highest possible price ASAP
Bought with Mitchell Zurich • Marcus & Millichap
michelle@michellehomesellingteam.com
515 S Myrtle Ave, Monrovia, CA, 91016, USA