San Mateo, CA 94401,655 N Delaware Street
Listed by Gregory Cohn • Coldwell Banker Realty
Bought with Brett Barron • Capital Realty Group

$4,375,000

Est. payment /mo

$4,398,000

0.5%
Est.Price: ?

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655 N Delaware Street San Mateo, CA 94401

11,024 SqFt

SOLD DATE : 02/24/2023

Key Details

Sold Price $4,375,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 11,024 sqft

Price per Sqft $396

MLS Listing ID ML81917355

Sold Date 02/24/23

HOA Y/N No

Year Built 1980

Lot Size 0.372 Acres

Property Sub-Type Other

Source Datashare MLSListings

Property Description

CALL FOR OFFERS BY THURSDAY FEBRUARY 9, 2023 BY 5 PM. This is an add-value opportunity and provides the savvy investor a chance to own this 11-unit apartment building located in the North Central portion of San Mateo near the Burlingame border. The structure consists of a 1980s garden-style two-story, wood-frame building with an exterior combination of stucco and T-11 siding and aluminum frame windows on a concrete foundation, situated on an 16,200 square foot parcel. The unit mix includes 8 one-bedroom, one-bath units, each approximately 850 square feet, and 3 two-bedroom, one-bath units approximately 1,000 square feet each. The property is configured in a U shape structure and embraces beautiful landscaping, easy access staircases, and welcoming guest parking spaces controlled by an electronic Vehicular entry gate. The property offers carport parking for 11 vehicles, plus open parking for 6 additional vehicles.

Location

State CA

County San Mateo

Interior

Heating Natural Gas

Cooling None

Flooring Laminate, Tile

Fireplace No

Appliance Dishwasher, Refrigerator

Laundry Coin Operated

Building

Lot Description Level, Regular

Water Public

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Bay East AOR and Contra Costa AOR
agent

Mike Blumenkrantz

DRE# 02141849 | License ID: DRE# 02141849

+1(925) 550-4193

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