$4,305,000
$4,799,000
10.3%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
7 Baths
16,175 SqFt
SOLD DATE : 11/19/2024
Key Details
Sold Price $4,305,000
Property Type Commercial
Sub Type Five or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 16,175 sqft
Price per Sqft $266
MLS Listing ID ML81967000
Sold Date 11/19/24
Bedrooms 6
Full Baths 6
Half Baths 2
Year Built 2018
Lot Size 7,560 Sqft
Property Description
Brand New (2019) Six Unit Building Consists of (4) 2 Bedroom 2.5 Baths and (1) Penthouse 4 Bedroom and 3.5 Bathroom, and (1) additional studio with full bath, which is currently rented out and used as an office for the owner. All units have washer & dryer as well as balconies for every single bedroom and living room and an additional large wrap-around balcony on the 2nd floor. The units also have electric fireplaces and electric tankless water heaters. There is an Elevator in the Entrance Lobby. The property also consists of 10 grade-level secured parking spaces with additional storage in the garage for each unit Parking Spaces. Only 1 Mile to Genetec and only minutes to SF and SFO Airport. There are endless opportunities for this amazing property. The current operations of the property consist of AirBnB rentals for each unit. The building could also be rented to long-term market-rate renters or even converted to condos and sold individually. Lastly, because of its close proximity to Oyster Point and the Bio-Tech hub of the Bay Area, there could be a great opportunity to implement corporate rentals and/or furnished living, the possibilities are endless. This is a pride of ownership generational asset that rarely comes available.
Location
State CA
County San Mateo
Area Old South Sf / Rocca
Zoning Z
Interior
Heating Central Forced Air
Cooling Ceiling Fan, Central AC, Other
Exterior
Parking Features Attached Garage
Garage Spaces 10.0
Utilities Available Individual Electric Meters
Roof Type Flat / Low Pitch,Rolled Composition
Building
Foundation Concrete Slab
Sewer Sewer - Private
Water Private / Mutual
Others
Restrictions Other
Tax ID 012-143-500
Security Features Controlled / Secured Access,Secured Garage / Parking,Other
Special Listing Condition Not Applicable
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Bought with Mouna Kayed • Compass
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
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