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.
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Listing Snapshot
Price
$7,495,000
Days On Site
2 Days
Bedrooms
N/A
Inside Area (SqFt)
19,375 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.6421 Acres
Year Built
1961
MLS® Number
ML82014995
Status
Active
Property Tax
$83,552
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
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Recent Activity
yesterday
Listing updated with changes from the MLS®
2 days ago
Listing first seen on site
General Features
Acres
0.6421
Carport
15
Parking Spaces
7
Special Circumstances
Standard
SqFt Total
19375
Water Source
Public
Zoning
R30000
Interior Features
Cooling
Heating
Forced Air
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Exterior Features
Roof
Shingle
Community Features
MLS Area
699 - Not Defined
School District
Other
Schools
School District
Other
Elementary School
Unknown
Middle School
Other
High School
Carlmont
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.