Get the App

1946 Ivy Street, San Mateo, CA 94403

Commercial property

1946 Ivy Street, San Mateo, CA 94403 Sold January 2024 CRMLS
$2,700,000Sold January 2024

Listing Agent: Neel Bhatia (DRE #01464424) · Listing Office: Coldwell Banker Realty · Contact: (925) 935-7100 · Bought with: Neel Bhatia · Coldwell Banker Realty · MLS #ML81947226 · Source: CRMLS

4,428
Building Sq Ft
5,700 sqft
Lot Size
1958
Year Built
R3
Zoning
Commercial property
Type

About this commercial property

SELLER FINANCED SALE! Ride Out the Current High Interest Rate Environment for the next Four Years and Assume a 4.25% INTEREST ONLY note with only 28% Percent Down Needed! Loan of $2,000,000 Must be Assumed and is Due on October of 2027. Strong In Place income of over $160K! Many Remodeled Units! New Commercial Water Heater, Great Tenants, 100% Occupied. 1946 Ivy Street is Located in a Prime San Mateo/Mid Peninsula Location on a Quiet Tree Lined Street Just South of Downtown. Must See to Appreciate! Seller Open to Wait for Buyer to Conduct 1031 Exchange.

Listing description from the January 2024 sale, as reported to CRMLS.

Sale history

$2,700,000
Sold January 2024 · listed $2,798,000, on market November 2023 · MLS #ML81947226 · Source: CRMLS
Listing Agent: Neel Bhatia · Listing Office: Coldwell Banker Realty · Contact: (925) 935-7100 · Bought with: Neel Bhatia · Coldwell Banker Realty
See homes for sale in San Mateo Open the Nalren App

Explore San Mateo