1946 Ivy Street $2,998,000


    1946 Ivy Street San Mateo, CA 94403



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    • 4,428 sq. ft.
    • 0.13 Acres
    • Commercial Lease
    • MLS# 52354739
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    Views: 9 Days On Site: 90

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    Property Details

    SELLER FINANCED SALE in Prime San Mateo Location! Incredible, Below Market Loan of $2,000,000 fixed at 4.25% Interest Only Until June of 2027 allows for an Investor to Acquire a Well Taken Care of Six Unit Property with only 33% Down! Property is Currently Generating $153,244 in Annual Income. Building is a total of 6 Units, with Many Significant Upgrades Ranging from Remodeled Kitchens, & Bathrooms, New Commercial Water Heater, Strong Tenant Profile . Interest Only Loan Allows for Excellent Write Off & Positive Day 1 Cash Flow!

    • General Features
      • County Or Parish San Mateo
      • Mlsarea Major Fiesta Gardens Etc
      • Property Sub Type Other
    • Building Features
      • Building Area Total 4428
      • Attached Garage Y/N false
      • Accessibility Features Other
      • Cooling None
      • Carport Y/N false
      • Building Area Units Square Feet
      • Year Built 1958
      • Heating Y/N true
      • Heating Wall Furnace
      • Garage Y/N false
      • Living Area 4,428
      • Living Area Units Square Feet
      • Property Type COMM RI MULTI-UNITS 5+
    • Property Features
      • Lot Size Acres 0.13
      • Parking Features Covered
      • Water Source Public
      • Lot Size Area 0.13
      • Lot Size Square Feet 5700
      • Lot Size Units Acres



    94403 (San Mateo) Demographics

    38 Median Age
    7,650 Population Density (per sq. mile)
    66% College Educated
    $139,631 Estimated Median Income
    8,620 Estimated Total Home Owners
    7,886 Estimated Total Renters
    52% / 48% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    44,361 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $1,745,500 Median Sales Price
    20 Homes Sold
    57 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $2,998,000
        5/10/2023 5:08:10 PM Status Changed Source: Multiple Listing Service New Value: Pending
        2/28/2023 4:49:00 PM New in Database Source: Multiple Listing Service New Value: $2,998,000

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        MLS Logo Bay East ©2023. CCAR ©2023. bridgeMLS ©2023. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 5/28/2023 10:47:26 PM PST .

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.