18
See all 18 photos
$2,400,000
Est. payment /mo
5,667 Sqft Lot
New
1950 Ivy ST San Mateo, CA 94403
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82021454
HOA Y/N No
Year Built 1958
Annual Tax Amount $18,200
Lot Size 5,667 Sqft
Property Description
Prime 6-Unit Investment Opportunity at the Heart of Silicon Valley!!! Discover this income-generating 6-unit apartment building in the heart of San Mateos thriving market! Featuring five 1-bed/1-bath units and one spacious 2-bed/1-bath unit, this property boasts dependable annual rental income from reliable, long-term tenants on month-to-month leases. Three units shine with modern upgrades, including granite countertops, newer appliances, refreshed bathrooms, plush carpets, and fresh paint. Enjoy energy-efficient double-pane windows, convenient carport parking, and an on-site laundry facility for added revenue. Perfectly located near tech hubs and amenities, this gem offers immense potential for savvy investors to transform and maximize returns. Seize this exclusive off-market deal now before its gone!
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning Multi Family Residential
Interior
Heating Wall Furnace
Cooling Gas
Fireplace No
Exterior
Carport Spaces 6
Roof Type Composition
Building
Water Public
Schools
School District Other
Others
Tax ID 035233090
Special Listing Condition Standard
Listed by Regina Zabarte Hello Hello Bay Area
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