126 N Ellsworth Ave - Apartments FOR SALE


San Mateo, CA 94401- North Central
$3,300,000 USD
650-771-8821
126 N Ellsworth Ave, San Mateo, CA for Sale
$3,300,000 USD
Apartments - FOR SALE
1/34
null | 4.21% Cap Rate

126 N Ellsworth Ave
San Mateo, CA 94401
North Central


HIGHLIGHTS

  • Brokers Tour / Tuesday May 20, 9:30 to 1:00
  • Corner Lot / A+ Location
  • Property Inspection Buyer Favorable

OVERVIEW

Prime 8,809 Sq Ft Corner Lot | High-Density Development Potential/ Brokers Tour / Tuesday May 20, 9:30 to 1:00 This well-located five-unit multifamily building sits on a large corner lot in one of San Mateo’s most strategic and in-demand locations. Zoned R4, the property supports high-density residential or mixed-use development, presenting significant value-add potential for investors or developers. With a 94 Walk Score, the property is just one block from Caltrain and steps to Downtown San Mateo’s core business district, restaurants, retail, and the Peninsula’s top AI, tech, and biotech employers. ________________________________________

FOR SALE DETAILS

PRICE

$3,300,000 USD

PRICE/SF

$1,179 USD /SF

# OF UNITS

5

PRICE/UNIT

$660,000

CAP RATE

4.21%

% LEASED

96%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Brokers Tour / Tuesday May 20, 9:30 to 1:00

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1912

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,799 SF

ZONING

RM4, San Mateo

APN/PARCEL ID

032-302-010

ASK ABOUT THIS PROPERTY

Scott PhilipBay Area EstatesMore Info
650-771-8821

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Scott PhilipBay Area EstatesMore Info
650-771-8821

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