Bought with Mark Campana • Anchor Realty
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Key Details
Sold Price $6,750,000
Property Type Commercial
Sub Type Five or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 19,375 sqft
Price per Sqft $348
MLS Listing ID ML82014995
Sold Date 10/06/25
Bedrooms 4
Full Baths 3
Year Built 1961
Lot Size 0.642 Acres
Property Sub-Type Five or More Units
Property Description
Turnkey 14-Unit Multifamily in Prime Belmont Location Exceptional investment opportunity in the heart of Belmont featuring a well-maintained 14-unit building with a desirable mix of (4) 2BD/1BA and (10) 2BD/2BA units. Most units have been recently renovated with luxury vinyl plank flooring, quartz countertops, stainless steel appliances, modern baths, and in-unit laundry. Each unit includes a private patio or deck. Community amenities include covered and off-street parking, a heated swimming pool, and shared laundry facilities. Recent 2024 electrical upgrades include a new main service and subpanels. Ideally located near Ralston Avenue with easy access to Hwy 101, I-280, and major Peninsula employers. A stabilized asset with strong current income and future upside in a high-demand rental market.
Location
State CA
County San Mateo
Area Belmont Woods Etc.
Zoning R30000
Interior
Heating Forced Air, Gas
Cooling Ceiling Fan
Flooring Carpet, Laminate, Vinyl / Linoleum
Laundry Washer/Dryer - Some Units
Exterior
Parking Features Covered Parking, Off-Street Parking
Pool Pool - Fenced, Pool - Heated
Utilities Available Public Utilities
Roof Type Bitumen,Shingle
Building
Foundation Concrete Perimeter
Sewer Sewer - Public
Water Public
Others
Restrictions None
Tax ID 045-013-170
Security Features Fire Alarm
Special Listing Condition Not Applicable
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