655 N Delaware Street, San Mateo, CA 94401

About this commercial property

CALL FOR OFFERS BY THURSDAY FEBRUARY 9, 2023 BY 5 PM. This is an add-value opportunity and provides the savvy investor a chance to own this 11-unit apartment building located in the North Central portion of San Mateo near the Burlingame border. The structure consists of a 1980s garden-style two-story, wood-frame building with an exterior combination of stucco and T-11 siding and aluminum frame windows on a concrete foundation, situated on an ±16,200 square foot parcel. The unit mix includes 8 one-bedroom, one-bath units, each approximately 850 square feet, and 3 two-bedroom, one-bath units approximately 1,000 square feet each. The property is configured in a U shape structure and embraces beautiful landscaping, easy access staircases, and welcoming guest parking spaces controlled by an electronic Vehicular entry gate. The property offers carport parking for 11 vehicles, plus open parking for 6 additional vehicles.

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

Sale history

$4,375,000

Sold February 2023 · listed $4,398,000, on market January 2023 · MLS #ML81917355 · Source: CRMLS

Listing Agent: Gregory Cohn · Listing Office: Coldwell Banker Realty · Contact: (650) 558-4200 · Bought with: Brett Barron · Capital Realty Group

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