$1,485,000
$1,375,000
8.0%For more information regarding the value of a property, please contact us for a free consultation.
2,288 SqFt
SOLD DATE : 07/23/2024
Key Details
Sold Price $1,485,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,288 sqft
Price per Sqft $649
MLS Listing ID ML81960497
Sold Date 07/23/24
HOA Y/N No
Year Built 1957
Annual Tax Amount $5,628
Lot Size 6,163 Sqft
Property Description
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.
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning R4
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Laundry None
Exterior
Garage Carport
Garage Spaces 1.0
Carport Spaces 4
Garage Description 1.0
View Y/N No
Roof Type Tar/Gravel
Accessibility None
Building
Story 2
Sewer Public Sewer
Water Public
Schools
School District Other
Others
Tax ID 040073080
Financing Other
Special Listing Condition Standard
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Bought with Ricardo Giacoman