101 24th Ave - Apartments FOR SALE


San Mateo, CA 94403- Beresford Park
$5,760,000 USD
650-222-8189
101 24th Ave, San Mateo, CA for Sale
$5,760,000 USD
Apartments - FOR SALE
1/3
null | 4.17% Cap Rate

101 24th Ave
San Mateo, CA 94403
Beresford Park


HIGHLIGHTS

  • Centrally located between San Francisco and Silicon Valley.
  • Proximity to major employers, Caltrain, and Highway?101
  • Desirable unit mix

OVERVIEW

This 12-unit property offers an excellent blend of in-place cash flow and value-add potential. With historically high occupancy and significant demand for housing throughout San Mateo County, investors can benefit from continued rent growth and strong tenant retention. Located in a high-demand area near Hillsdale Shopping Center, Caltrain, and downtown San Mateo amenities. The property benefits from proximity to major tech employers and lifestyle conveniences.

FOR SALE DETAILS

PRICE

$5,760,000 USD

PRICE/SF

$563 USD /SF

# OF UNITS

12

PRICE/UNIT

$480,000

CAP RATE

4.17%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

101 Twenty-Fourth

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1962

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,200 SF

ZONING

-

APN/PARCEL ID

039-174-110

ASK ABOUT THIS PROPERTY

Victor AenlleColdwell Banker Residential BrokerageMore Info
650-222-8189

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Victor AenlleColdwell Banker Residential BrokerageMore Info
650-222-8189

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.