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317 Elm Street, San Mateo, CA 94401

Commercial property

317 Elm Street, San Mateo, CA 94401 Sold June 2023 CRMLS
$2,750,000Sold June 2023

Listing Agent: Steve Bianchi (DRE #01029773) · Listing Office: Realty World-Bianchi & Associates · Contact: 650-279-1329 · Bought with: Robert Johnston · Marcus & Millichap · MLS #ML81920388 · Source: CRMLS

7,740
Building Sq Ft
7,500 sqft
Lot Size
1963
Year Built
R - 3
Zoning
Commercial property
Type

About this commercial property

Unit Mix consisting:(1)Two Bedroom/Two Baths,(2) Two Bedroom/One Bath,(4) One Bedroom/ One Bath units in an approx 7,740 Sq.Ft. building situated on an approx 7,500 Sq.Ft. parcel of land. This well maintained property has been updated with capital improvements including a new roof, exterior lighting, exterior paint and landscaping. The interior of the units are bright with lots of natural light. There are 5 units that have private balconies off the living rooms. The ground level unit has direct access to a private fenced yard. Upgrades have included some new interior kitchens, bathrooms, lighting and flooring. This Three Story building provides resident parking with (7) carport parking stalls and storage lockers for each apartment unit. For resident convenience there is an onsite laundry room. The property has a separate owner building storage room. The building is 100% occupied. Each apartment unit is separately metered for gas and electricity for lower building operating expenses.

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

Sale history

$2,750,000
Sold June 2023 · listed $2,900,000, orig. $3,295,000, on market March 2023 · MLS #ML81920388 · Source: CRMLS
Listing Agent: Steve Bianchi · Listing Office: Realty World-Bianchi & Associates · Contact: 650-279-1329 · Bought with: Robert Johnston · Marcus & Millichap
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