NOT LISTED FOR SALE
6 Beds
1 Bath
2,910 Sq Ft
7,405 Sq Ft Lot

Last Sold January 13, 2014

Last sale price $950,000 $326 Per Sq Ft

Highlights

  • Balcony
  • Laundry Facilities
  • Vinyl Flooring
  • San Mateo High School Rated A+
  • Level Lot

About This Home

As of January 2014

4-plex apartment building near downtown San Mateo. Huge lot with 6 carports and storage shed on site. Building is in good condition.

Last Agent to Sell the Property

Vincent C. Scherba

Elite Properties License #01271894 Listed on: 01/12/2014

Last Buyer's Agent

Andy Gan

Prudential California Realty License #01868784

Prudential California Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1959

Lot Details

  • 7,405

Parking

  • Carport

Home Design

  • Quadruplex
  • Tar and Gravel Roof

Interior Spaces

  • 2,910 Sq Ft Home
  • 2-Story Property
  • Vinyl Flooring

Additional Features

  • Balcony
  • Level Lot
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $64,800
  • The owner pays for garbage, hot water, water

Community Details

Building Details

  • Gardener Expense $2,400
  • Insurance Expense $1,800
  • Maintenance Expense $2,400
  • Other Expense $1,200
  • Trash Expense $1,800
  • Operating Expense $17,323
  • Gross Income $66,480

Additional Features

  • 2,910 Sq Ft Building
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

1959

Lot Details

0

Listing Details

  • Zoning: R2
  • Subclass: Fourplex
  • Age: 55
  • Inspections Reports: Fault Zone, Pest Control, Property Inspection, Flood Zone
  • Sale Price Per Sq Ft: 326.46
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 2910
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1959

Interior Features

  • Kitchen: Refrigerator
  • Living Sq Ft: 2910
  • Stories: 2
  • Laundry: Washer/Dryer - Owned Coin-Op, Community Facility
  • Flooring: Carpet - Wall To Wall, Vinyl / Linoleum

Exterior Features

  • Roof: Tar And Gravel
  • View: Local/Neighborhood
  • Yard/Grounds: Balcony / Patio

Garage/Parking

  • Garage Parking Features: Spaces Per Unit - 1, Carport

Utilities

  • Heating System: Electric
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: San Mateo Union High

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8400.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 8400.00
  • Lot Size Area Min Search: 8400.00
  • Maximum Lot Size: 8400.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 14.97

Multi Family

  • Expense Insurance: 1800
  • Expense Landscape: 2400
  • Expense Maintenance: 2400
  • Expenses Other: 1200
  • Expenses Total: 17323
  • Expense Trash: 1800
  • Expense Water Sewer: 600
  • Income Annual Gross: 66480.00
  • Income Annual Rental: 64800
  • Income Gross Scheduled: 66480
  • Income Includes: Lease
  • Income Laundry: 480
  • Income Other: 1200
  • Maximum Building Height: 2
  • Meters: Separate Electric
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Utilities - Hot Water, Utilities - Water, Services - Gardener, Insurance, Maintenance - Repair
  • Owner Pays: Garbage, Hot Water, Water
  • Tenant Expenses: Utilities - Electric

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2014 01/13/14 Sold $950,000 -4.5% $326 / Sq Ft
01/12/2014 01/12/14 Pending -- -- --
01/12/2014 01/12/14 For Sale $995,000 -- $342 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81400928

MLSListings