231 N Ellsworth Avenue
231 N Ellsworth Avenue San Mateo, California 94401 United States

$5,995,000
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Listing Courtesy of Intero Real Estate Services
$5,995,000
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10,566 Sq Ft.
Interior
9,700 Acres
Exterior
Commercial
Property type
1965
Year Built
ML81884296
Web Id
ML81884296
MLS ID
San Mateo-Foster City Elementary
School District
35
days ago

About 231 N Ellsworth Avenue

HUGE Price Reduction. Excellent long-term cashflow/equity investment building walking distance to Downtown San Mateo. Remodeled 9-unit building w/ excellent mix: five 2bdrms/1bath, two 1bdrm/1bath,and two studios. Each unit has been remodeled w/ permits and expecting Final City Approval within days. Each unit has new kitchen w SS appliances (fridge, oven/range, dishwasher, microwave/hood), new bathroom, new dual-pane windows, washer&dryer inside unit, new flooring, and mini-split AC ((upstairs units have heat & AC, downstair units (studios) have heat no AC)). New 600amp electrical panel for building, 100amp sub panel for each unit. Separate gas/electric meters for each unit. 12 parking spaces and storage closets. New front & back yards landscaped w/ turf and low maintenance plants. Walk to downtown to enjoy restaurants and shopping; central mid-Peninsula location w/ public transportation to San Francisco and Silicon Valley. 7 of 9 units are rented; tracking to >$300K/yr rental income.

Listing Courtesy of Hiep K. Nguyen , Intero Real Estate Services

Amenities

  • Dishwasher

PROPERTY INFORMATION

Appliances
Dishwasher, Refrigerator, ENERGY STAR Qualified Appliances
Cooling
Other, ENERGY STAR Qualified Equipment
Heating
Other
Parking Description
Covered, Assigned
Water
Public

EXTERIOR

Lot Description
Level
Roofing
Tar/Gravel

INTERIOR

Flooring
Other
Listing Courtesy of Intero Real Estate Services
Listing Courtesy of Intero Real Estate Services
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