$6,750,000
$7,495,000
9.9%For more information regarding the value of a property, please contact us for a free consultation.
19,375 SqFt
SOLD DATE : 10/06/2025
Key Details
Sold Price $6,750,000
Property Type Commercial
Sub Type Other
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
HOA Y/N No
Year Built 1961
Lot Size 0.642 Acres
Acres 0.64
Property Sub-Type Other
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
Zoning R300
Interior
Interior Features Updated Baths
Heating Natural Gas
Cooling Ceiling Fan(s)
Flooring Laminate
Fireplace No
Appliance Dishwasher, Refrigerator
Exterior
Handicap Access Other
Building
New Construction No
Others
Tax ID 045013170
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© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Bought with MarkCampana
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "