$10,880,000
$11,500,000
5.4%For more information regarding the value of a property, please contact us for a free consultation.
34,307 SqFt
SOLD DATE : 01/10/2022
Key Details
Sold Price $10,880,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 34,307 sqft
Price per Sqft $317
MLS Listing ID ML81865365
Sold Date 01/10/22
HOA Y/N No
Year Built 1965
Annual Tax Amount $126,080
Lot Size 0.535 Acres
Property Description
Large luxury building on a quiet cul de sac in Belmont//All units are extra large with Balconies that span the entire width of the unit//Great Location at the end of a cul de sac//Secure building//Includes an elevator, management workshop, owned laundry machines and change machines//Plenty of upside for the new investor//Two blocks to Belmont's largest community shopping center: Groceries, Pharmacy, Restaurants etc//5 minute drive to Highway 101, 92, or 280 creating easy access to San Francisco, Silicon Valley and the entire bay area//Improvements include New Roof 2021//Pool redone 2021 including cabana with 2 bathrooms//New elevator shaft 2019//New water heater, Bioler//Pressure tank 2018//Parking available for 36 cars, 33 of which are secured by automatic gate under the building//Most units have been remodeled over the past 24 months//Photos above depict #10, a 1 bedroom 1 bath unit, most remodels are done the same.
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning R-3
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Roof Type Other
Total Parking Spaces 3
Building
Water Public
Schools
School District Other
Others
Tax ID 045015190
Financing Conventional
Special Listing Condition Standard
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Bought with Ray Rodriguez • Compass
"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "