$3,288,000
Pending

230 Grand Boulevard

San Mateo, CA 94401
0.23 acres | #ML81981039
Listing OfficeMarcus & Millichap
Browse 38 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

Description

230 Grand Blvd. represents a rare opportunity to acquire a 6-unit multifamily investment opportunity located in the highly exclusive San Mateo market. Originally built in 1978, the property is situated on a 9,800 square foot parcel of land with a gross building area of 6,290 square feet. The asset features an ideal unit makeup, including three (3) 2-bed/2-bath and three (3) 1-bed/1-bath flats. Tenants enjoy convenient community amenities such as private parking, patios/balconies and on-site laundry. Five of the Six units have been renovated with high-end designer finishes, with two units featuring in-unit washers and dryers. 230 Grand Blvd is approximately equidistant to Downtown San Mateo and Downtown Burlingame, and is within close proximity to one of the most expensive zip codes in the country - Hillsborough, CA.

  • Property Details
      • Acres0.225
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1978
  • Utilities / Energy Details
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountySan Mateo
      • School DistrictOther
  • Financial Details
      • Original List Price$3,288,000
      • Taxes Annual$45,558
  • Other
      • MLS #ML81981039

Location

Cristina Arneson-CabreraReal Estate Group
$
years

Down Payment

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%
10.0%

Interest Rate

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6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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