San Mateo, CA 94403,1950 Ivy ST
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San Mateo, CA 94403,1950 Ivy ST
San Mateo, CA 94403,1950 Ivy ST
San Mateo, CA 94403,1950 Ivy ST
San Mateo, CA 94403,1950 Ivy ST
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1950 Ivy ST San Mateo, CA 94403

4,428 SqFt


UPDATED:

10/22/2024 05:45 PM

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 4,428 sqft

Price per Sqft $555

MLS Listing ID ML81984484

HOA Y/N No

Year Built 1958

Annual Tax Amount $27,793

Lot Size 5,702 Sqft

Acres 0.1309

Property Description

Solid 6 Unit Offering in PRIME San Mateo Location! Property Benefits from Newly Remodeled Unit Featuring New Kitchen & Bath, Newer Double Pane Windows, Newer Electrical Panels, Individual Carport Parking, Individual Gas & Electric Meters, Newer Sewer Line to Street, and On Site Laundry for Additional Income! IDENTICAL property just sold this year/2024 for Sale Price of $2,700,000. Seller is Motivated to Sell to Conduct 1031 Exchange. 1950 Ivy Street consists of (5) 1bed/1bth Units & (1) 2bed/1bth Unit with $154K+ in Current In Place Income with the Ability to Increase rents by up to 9% After Close of Escrow! Must See to Appreciate!

Location

State CA

County San Mateo

Area 699 - Not Defined

Zoning R3

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Carport Spaces 6

Roof Type Tar/Gravel

Building

Water Public

Schools

School District Other

Others

Tax ID 035233090

Special Listing Condition Standard


California Regional MLS (CRMLS)
Listed by Neel Bhatia • Coldwell Banker Realty

Gregory Jackson

Broker Associate | License ID: 01111634

+1(925) 786-8504

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1950 Ivy ST