$ 2,460,000
1950 Ivy Street San Mateo, CA 94403
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Listed by Neel Bhatia • Coldwell Banker Realty
$ 2,460,000
Est. payment /mo
New
1950 Ivy Street San Mateo, CA 94403
4,428 SqFt
UPDATED:
10/23/2024 02:17 PM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,428 sqft
Price per Sqft $555
MLS Listing ID ML81984484
HOA Y/N No
Originating Board Datashare MLSListings
Year Built 1958
Lot Size 5,700 Sqft
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
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Appliance Refrigerator
Exterior
Handicap Access Other
Parking Type Assigned
Building
Water Public
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