16 W Bellevue Avenue,San Mateo, CA 94402
San Mateo, CA 94402
Description
TRUE TROPHY FOURPLEX BORDERING HILLSBOROUGH!! The Hillsborough Apartments is an incredible opportunity to acquire a true pride of ownership property in one of the most sought after locations on the peninsula. With outstanding in-place rents, this trophy asset is a true turnkey apartment building perfect for investors, owner-occupiers, and generational family purchasers alike. Strategically positioned west of the El Camino Real, bordering the prestigious Hillsborough neighborhood, this property is a MUST SEE! Attractive Unit Mix: All four units are 2-bed, 1-bath, approximately 1,000 sf each. The property benefits from numerous recent upgrades and capital improvements. All 4 units updated with granite counters and subway tile wainscoting, crown molding, arched walkways, custom cherry cabinets, Restoration Hardware fixtures, Baldwin door knobs & deadbolts, and Leviton dimmer lights and electric plugs. New roof in 2021, new water heaters, new sewer lateral in 2019 & new sewer line and cleanout. New plumbing valves. Double-Paned windows throughout with custom plantation shutters. Energy Efficient Washer/ Dryer in each unit. Add an ADU by converting the garage parking into an additional unit or two to increase value and cash flow!
Details
| MLS # | ML82055296 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1947 |
| Days On Site | 50 |
| Listing Provided By | Compass | Bryan Danforth |
Features
| SQ Feet | 3,856 |
|---|---|
| Garage | 4 |
| Story(s) | 2 |
| Building(s) | 1 |
| Zoning | Multifamily: R4 |
| Acreage | 0.15 |
Interior
| Cooling | None |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Appliances | Dishwasher, Microwave, Refrigerator |
Exterior
| Roof | Composition, Shingle |
|---|---|
| Security Features | Security Lights |
| Foundation Details | Concrete Perimeter |
Parking
| Garage Yes / No | Yes |
|---|
Utilities
| Sewer | Public Sewer |
|---|
Taxes
| Property | 49275 |
|---|
Area Information
| State | CA |
|---|---|
| County | San Mateo |
| City | San Mateo |
| Zip Code | 94402 |
| Area | 699 Not Defined |
| Listing VS Median (in 94402) | |
Price: $3,850,000 low | high Med: $2,497,500 sqft: 3,856 low | high Med: 5,861 $ / sqft: $998 low | high Med: $427 On site: 50 low | high Med: 61.5 | |
Market Activity 94402
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Learn More About This Property
| State | CA |
|---|---|
| County | San Mateo |
| City | San Mateo |
| Zip Code | 94402 |
| Area | 699 Not Defined |
| Listing VS Median (in 94402) | |
Price: $3,850,000 low | high Med: $2,497,500 sqft: 3,856 low | high Med: 5,861 $ / sqft: $998 low | high Med: $427 On site: 50 low | high Med: 61.5 | |
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