16 W Bellevue AVE, San Mateo, CA 94402
- $3,850,000
- 3,856
- SqFt
- List Price
- $3,850,000
- MLS#
- ML82055296
- Status
- ACTIVE
- Zoning
- Multifamily: R4
- Sqft. of Residence
- 3,856
- Lot Size
- 6,377
- Listing Area
- San Mateo Park / El Cerrito Park
Property Description
TRUE TROPHY FOURPLEX BORDERING HILLSBOROUGH!! The Hillsborough Apartments is an incredible opportunity to acquire a true pride of ownership property in one of the most sought after locations on the peninsula. With outstanding in-place rents, this trophy asset is a true turnkey apartment building perfect for investors, owner-occupiers, and generational family purchasers alike. Strategically positioned west of the El Camino Real, bordering the prestigious Hillsborough neighborhood, this property is a MUST SEE! Attractive Unit Mix: All four units are 2-bed, 1-bath, approximately 1,000 sf each. The property benefits from numerous recent upgrades and capital improvements. All 4 units updated with granite counters and subway tile wainscoting, crown molding, arched walkways, custom cherry cabinets, Restoration Hardware fixtures, Baldwin door knobs & deadbolts, and Leviton dimmer lights and electric plugs. New roof in 2021, new water heaters, new sewer lateral in 2019 & new sewer line and cleanout. New plumbing valves. Double-Paned windows throughout with custom plantation shutters. Energy Efficient Washer/ Dryer in each unit. Add an ADU by converting the garage parking into an additional unit or two to increase value and cash flow!
Additional Information
- Age
- 79
- Cooling System
- None
- Floor Covering
- Hardwood
- Foundation
- Concrete Perimeter
- Garage Parking
- Attached Garage
- Heating System
- Wall Furnace
- Laundry Facilities
- Washer / Dryer
- Living Area
- 3,856
- Lot Size
- 6,377
- Neighborhood
- San Mateo Park / El Cerrito Park
- Other Utilities
- Individual Electric Meters, Individual Gas Meters
- Roof
- Composition, Shingle
- Sewer
- Sewer - Public
- Special Features
- None
- Total Number Of Units
- 4
- Unincorporated Yn
- Yes
- Zoning
- Multifamily: R4
Mortgage Calculator
Listing courtesy of Bryan Danforth from Compass. 650-274-5227
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