1950 Ivy ST

SAN MATEO, CA 94403
Square Ft.
4,428
$2,400,000
Prime 6-Unit Investment Opportunity at the Heart of Silicon Valley!!! Discover this income-generating 6-unit apartment building in the heart of San Mateos thriving market! Featuring five 1-bed/1-bath units and one spacious 2-bed/1-bath unit, this property boasts dependable annual rental income from reliable, long-term tenants on month-to-month leases. Three units shineRead MoreRead Less
Market LogoCourtesy of Hello Hello Bay Area, Regina Zabarte 408-431-5684
Listing Snapshot
Days Online
3
Last Updated
Property Type
Five Or More Units
Square Ft.
4,428
Lot Size
0.13 Acres
Year Built
1958
MLS Number
ML82021454
30 Days Snapshot Of 94403
$1.79M
-12%
(avg) sold price
23
-25%
homes sold
22
+57%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 5666.00, Max Area Units: Square Feet, Other, Lot is 0.13007346189164 acres
Accessibility Features
Other
Amenities
Misc. amenities: Other
Unit One
Rent: $2,400, 800 approximate square feet, 2 bedrooms
Unit Two
Rent: $2,200, 725 approximate square feet, bedroom 1
Unit Three
Rent: $2,200, 725 approximate square feet, bedroom 1
Unit Four
Rent: $2,200, 725 approximate square feet, 1 bedroom
Building
4,428 structure square feet, Age: 67, Built in 1958, 1 building, Construction type: Wood Frame, 6 minimum units in complex
Cooling
Central Forced Air - Gas
Floors
Hardwood, Laminate, Tile
Foundation
Other
Garage
Carport
Water Features
Public
Heating
Wall Furnace
Kitchen
Countertop - Granite
Laundry
Coin Operated
Tenant Pays
Utilities - Electric, Utilities - Gas, Utilities - Water
Miscellaneous
Total expenses: 81210
Energy Saving
Double Pane Windows
Property
Zoning: Multi Family Residential, View: City, Yard/Grounds: Fenced
Roof
Composition
Security Features
Other
Taxes
Annual tax amount: $18,200
Sewer
Sewer - Public
Utilities
Master Electric, Public Utilities
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Chris Mogensen
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