2421 Carlmont Dr - Apartments FOR SALE


Belmont, CA 94002
$8,200,000 USD
650-269-5637
2421 Carlmont Dr, Belmont, CA for Sale
$8,200,000 USD
Apartments - FOR SALE
1/22
null | 4.01% Cap Rate

2421 Carlmont Dr
Belmont, CA 94002


HIGHLIGHTS

  • Excellent Unit-Mix with a diverse layout and interior walkways
  • Supply Constraints and regulatory barriers protecting long-term rental stability
  • Central Peninsula Location - convenient to both San Francisco and Silicon Valley job markets

OVERVIEW

Kidder Mathews is pleased to present “The Dolphin” located at 2421 Carlmont Drive in Belmont California. The Dolphin is an exceptional 18-unit apartment building located on Carlmont drive in a peaceful residential neighborhood block, minutes from downtown Belmont. This 18-unit apartment community is strategically positioned in Belmont, one of the most desirable submarkets in the San Francisco Bay Area. Located midway between San Francisco and Silicon Valley, Belmont neighbors San Carlos and San Mateo and offers residents unmatched access to major employment centers, top-tier schools, and abundant lifestyle amenities. The property benefits from close proximity to Highway 92, Ralston Avenue, Highway 101, Interstate 280, and Caltrain, providing excellent connectivity throughout the Peninsula and beyond.

FOR SALE DETAILS

PRICE

$8,200,000 USD

PRICE/SF

$137 USD /SF

# OF UNITS

18

PRICE/UNIT

$455,556

CAP RATE

4.01%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1965

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,482 SF

ZONING

-

APN/PARCEL ID

045-030-120

ASK ABOUT THIS PROPERTY

David CutlerKidder MathewsMore Info
650-269-5637

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David CutlerKidder MathewsMore Info
650-269-5637

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