711 9th Ave - Apartments FOR SALE


San Mateo, CA 94402- Downtown San Mateo
$1,875,950 USD
408-218-7055
711 9th Ave, San Mateo, CA for Sale
$1,875,950 USD
Apartments - FOR SALE
1/8
null | Request Cap Rate

711 9th Ave
San Mateo, CA 94402
Downtown San Mateo


HIGHLIGHTS

  • Privacy, and walking distance to Downtown.

OVERVIEW

ESTATE SALE! A quaint & nicely landscaped Duplex, walking distance to Downtown! Both units have their Private Driveway, Single Car Garage, and Laundry Hook-ups. Front Unit is a 1 Bdrm, 1Bath, Fireplace, Tub Shower, and updated Kitchen Vintage 1940. Rear Unit is a 3 Bdrm Townhouse style with Formal LR and DR, Kitchen & Half bath with a walkout to a private patio. Upstairs are 3 Bdrms with a Tiled Tub Shower Bathroom, Vintage1964. Units were Reroofed 2015 and new lateral sewer lines replaced 2024. This Is a great upside opportunity for an Owner Operator or Investor to raise rents to the current market rates, since existing Long-Term Tenants are on a on Month-to-Month tenancy. A Contractors Report and Termite Report are available and interior viewing are subject to inspection with an accepted offer. Broker is a fractional owner.

FOR SALE DETAILS

PRICE

$1,875,950 USD

PRICE/SF

$747 USD /SF

# OF UNITS

1420

PRICE/UNIT

$1,321

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

709-711 9th Ave San Mateo, CA 94401

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1940

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

RM0000

APN/PARCEL ID

033-292-160

ASK ABOUT THIS PROPERTY

Denni GhilarducciJanus CompanyMore Info
408-218-7055

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Denni GhilarducciJanus CompanyMore Info
408-218-7055

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