Get the App

45 E 40th Avenue, San Mateo, CA 94403

Commercial property

45 E 40th Avenue, San Mateo, CA 94403 Sold August 2023 CRMLS
$1,650,000Sold August 2023

Listing Agent: Wayne Gomes (DRE #00673914) · Listing Office: Coldwell Banker Realty · Contact: (650) 558-4200 · Bought with: John Sayage · Compass · MLS #ML81931687 · Source: CRMLS

4,188
Building Sq Ft
12,225 sqft
Lot Size
1937
Year Built
R-3
Zoning
Commercial property
Type

About this commercial property

Big price reduction! Great value!! 45 East 40th Ave is a 5 unit building that is in close proximity to renowned Hillsdale shopping center which adds to this investment opportunity. Big units and lots of open space for all tenants. Units 1,2,3 have private garages and units 4 & 5 have large carports. Units 4 and 5 have large backyards. Units 1&3 have large patio's and unit 2 has large deck area off entry. All five units have their own electric meters plus house meter. Units separately metered for water as all have their own water meter was well as hot water heaters. 4 Gas meters so 2 units share. Contact your realtor as we have 3 tours dates to view all units.

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

Sale history

$1,650,000
Sold August 2023 · listed $1,839,000, orig. $1,998,000, on market June 2023 · MLS #ML81931687 · Source: CRMLS
Listing Agent: Wayne Gomes · Listing Office: Coldwell Banker Realty · Contact: (650) 558-4200 · Bought with: John Sayage · Compass
See homes for sale in San Mateo Open the Nalren App

Explore San Mateo