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1746 S Grant Street, San Mateo, CA 94402

Commercial property

1746 S Grant Street, San Mateo, CA 94402 Sold November 2023 CRMLS
$1,710,000Sold November 2023

Listing Agent: Jimmy Castellanos (DRE #02024152) · Listing Office: Marcus & Millichap · Contact: (650) 391-1700 · Bought with: Jimmy Castellanos · Marcus & Millichap · MLS #ML81946536 · Source: CRMLS

4,310
Building Sq Ft
5,200 sqft
Lot Size
1958
Year Built
R40000
Zoning
Commercial property
Type

About this commercial property

Potential seller financing is available! 1746 South Grant Street is in the Hayward Park Neighborhood of San Mateo. The subject property presents a rare opportunity for an investor to acquire a low-priced 5-plex, with significant rental upside and the potential for seller financing. The rents are currently 35% below market. San Mateo has no city rent control ordinance, allowing a new investor flexibility with raising rents.

Listing description from the November 2023 sale, as reported to CRMLS.

Sale history

$1,710,000
Sold November 2023 · listed $1,800,000, on market October 2023 · MLS #ML81946536 · Source: CRMLS
Listing Agent: Jimmy Castellanos · Listing Office: Marcus & Millichap · Contact: (650) 391-1700 · Bought with: Jimmy Castellanos · Marcus & Millichap
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