1950 Ivy Street Active Save Request In-Person Tour Request Virtual Tour
San Mateo,CA 94403
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
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 next door, 1950 Ivy Street, 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
Building
Water Public