231 N Ellsworth AVE

SAN MATEO, CA, 94401

$5,995,000

$567 per ft²
$5,995,000
$567 per ft²
Active
Active
 - For Sale
carpenters-square
10,566 ft²
property_type
Commercial
calendar
Built 1965
Prime location walking distance to downtown San Mateo. Excellent Buy and Hold Cashflow investment. Remodeled 9-unit building w/ excellent mix: five 2bdrms/1bath, two 1bdrm/1bath,and two studios. Fully occupied (all units under 1yr leases), over $313K/yr rental income. Each unit has new kitchen w SS appliances (fridge, oven/range, dishwasher, microwave/hood), new bathroom, new dual-pane windows, washer&dryer inside unit, new flooring, and mini-split AC ((upstairs units have heat & AC, downstair units (studios) have heat no AC)). New 600amp electrical panel for building, 100amp sub panel for each unit. Separate gas/electric meters for each unit. 12 parking spaces and storage closets. New front & back yards landscaped w/ turf and low maintenance plants. Walk to downtown to enjoy restaurants and shopping; central mid-Peninsula location w/ public transportation to San Francisco and Silicon Valley.
MLS® ID:
ML81909408
Updated:
12/5/22

Interior Features

Kitchen Features
Countertop - Synthetic, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Microwave, Oven Range - Electric, Refrigerator
Total Bedrooms
0
Total Bathrooms
0
Laundry Description
Washer / Dryer
Floor Description
Vinyl / Linoleum
Cooling
Other
Heating
Other

Exterior/Building Features

Lot Size
9,700 ft² lot
Roof
Tar and Gravel
Sewer
Sewer - Public, Sewer Connected

Other Property Details

Area Name
417
Garage
Yes
Parking
Assigned Spaces, Carport, Covered Parking
Parking Total
3.0
View
Y
County
San Mateo
Utilities
Individual Electric Meters, Individual Gas Meters, Public Utilities
Water Source
Individual Water Meter
Pool
Yes
Zoning
0

Courtesy of Christie's International Real Estate Sereno, Hiep Nguyen,
Listing Contact: 650-996-3305 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Rebecca Molano shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 12:52 AM UTC, 12/5/22

 

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