CA > San Mateo
San Mateo, CA 94403,94 E 39th AVE
San Mateo, CA 94403,94 E 39th AVE
San Mateo, CA 94403,94 E 39th AVE
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$2,048,000
Est. payment /mo
2,520 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,520 sqft

Price per Sqft $812

MLS Listing ID ML82017012

HOA Y/N No

Year Built 1954

Annual Tax Amount $23,067

Lot Size 6,102 Sqft

Property Sub-Type Quadruplex

Property Description

94 East 39th Avenue is beautifully updated four (4) unit multifamily asset in a prime San Mateo location, ideal for investors or owner-users. Located in the quiet San Mateo Village neighborhood just five (5) blocks from Hillsdale Shopping Center, the property features four spacious 1-Bedroom/1-Bath units (~630 sqft), all tastefully renovated with quartz countertops, updated appliances, modern flooring, and upgraded electrical. His-and-hers closets and individual water heaters add comfort, ample hot water and convenience for the tenants. --- Situated on a 6,101 square foot lot, the building includes four (4) covered carport, a bonus side yard with potential for added parking or storage, and an on-site laundry room with owned washer/dryer machines for additional income. --- Tenants enjoy proximity to Hillsdale Mall, Trader Joes, Whole Foods, and multiple public parks. The property provides easy access and is a short walk to El Camino Real, Hwy 92, Hwy 101, and Caltrain. Current annual income exceeds $113,000/year with an in place 3.41% cap rate and 18.12 GRM. A strong rental location with upside potential in a desirable mid-Peninsula submarket.

Location

State CA

County San Mateo

Area 699 - Not Defined

Zoning Multifamily Residential

Interior

Heating Wall Furnace

Flooring Carpet, Laminate

Fireplace No

Appliance Gas Cooktop, Refrigerator

Exterior

Parking Features Carport

Carport Spaces 4

View Y/N No

Roof Type Composition,Fiberglass,Shingle

Accessibility None

Total Parking Spaces 2

Building

Story 2

Sewer Public Sewer

Water Public

Schools

Elementary Schools Other

Middle Schools Other

High Schools Hillsdale

School District Other

Others

Tax ID 040072010

Special Listing Condition Standard

Read Less Info
CRMLS – RECore
Listed by Nate Gustavson Compass

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