$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
Property Sub-Type Other
Source Datashare MLSListings
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
Interior
Heating Natural Gas
Cooling Ceiling Fan(s)
Flooring Laminate
Fireplace No
Appliance Dishwasher, Refrigerator
Exterior
Handicap Access Other
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