Search Nearby Homes

65 28th AVE San Mateo, CA 94403

$6,000,000
13,559 sqft
0.25 lot
Est payment $32209.3/mo

1 / 1

Commercial in SAN MATEO

This rare investment opportunity offers a turnkey, updated and well-maintained multifamily complex situated west of El Camino Real on the highly desirable San Francisco Peninsula. Located at the corner of 28th Avenue and Flores Street in San Mateo, California, this fully occupied investment property is only a few blocks from the newly remodeled Hillsdale Shopping Center and Peninsula Caltrain station. In addition, due to the restructuring of the Bay Meadows site, many top employers have moved in and are now within walking distance of subject property, such as Guidewire, SurveyMonkey, and Upstart. This location is hard to beat with countless nearby dining, entertainment and shopping opportunities along with access to public transportation, as well as being only a 15-minute drive to the San Francisco international Airport. This 12-unit apartment complex was built in 1957 and has not been marketed for sale for 30 years.

Courtesy Of Russ Panowicz, Marcus & Millichap

13,559 Sq. Ft.
0.25 Lot

Main Features

Listing Status: Active
Year Built: 1961
County: San Mateo
Zoning: R4
MLS Number:ML81920015

Additional Features

Cooling:
- None
Flooring:
- Hardwood
Garage/Parking:
- Common Parking Area
- Covered Parking
- On Street
Roof:
- Tar and Gravel
Sub Type:
- Five or More Units
Foundation:
- Concrete Perimeter and Slab
Pool:
- N
Carport Spaces:
- 8
Parking Spaces:
- 3
Heating:
- Wall Furnace
Separate Meters:
- Separate Electric
Sewer:
- Sewer - Public
Utilities:
- Individual Electric Meters
- Individual Gas Meters
Security Features:
- Fire Alarm
Accessibility Features:
- None
Restrictions:
- Age - No Restrictions
Amenities:
- Additional Storage
Number of Buildings:
- 1
Water:
- Public
HOA:
- N
Special Conditions:
- Not Applicable
In City Limits:
- Y
Is Incorporated YN:
- Y
Listing Type:
- Exclusive Agency
Square Footage Total:
- 13559
Tax ID:
- 039-384-180
Total Acres:
- 0.2488
Unit 1 Apx Sq Ft:
- 500
Unit 1 Bedrooms:
- 0
Unit 1 Rent:
- 1995
Unit 2 Apx Sq Ft:
- 700
Unit 2 Bedrooms:
- 1
Unit 2 Rent:
- 1650
Unit 3 Apx Sq Ft:
- 1000
Unit 3 Bedrooms:
- 2
Unit 3 Rent:
- 2060

Price
Term
Interest Rate

Estimated Monthly Payment: $38,769.95*

Name
E-mail Address
Phone Number
Address
Address
Message
contact

Search Nearby Homes

65 28th AVE San Mateo, CA 94403

$6,000,000
13,559 sqft
0.25 lot
Est payment $32209.3/mo

Emily Lim

RE/MAX Star Properties

Serving San Francisco, San Mateo, and Santa Clara Counties

65 28th AVE San Mateo, CA 94403

Property & Neighborhood Info

Commercial in SAN MATEO

Main Features

Additional Features

What's My Mortgage?

Let us help you!

65 28th AVE San Mateo, CA 94403

RE/MAX Star Properties