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Eric Boyenga

e@boyenga.com +1(408) 506-3942

Listed by Bryan Danforth, DRE #01789680 • Compass

$ 3,850,000

Est. payment | -/mo

8 Beds

4 Baths

3,856 SqFt

Save

$ 3,850,000

Est. payment | -/mo

Save

8 Beds

4 Baths

3,856 SqFt

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,856 sqft

Price per Sqft $998

MLS Listing ID ML82055296

Bedrooms 8

Full Baths 4

Year Built 1947

Lot Size 6,377 Sqft

Property Sub-Type Fourplex

Source MLSListings, Inc.

Property Description

TRUE TROPHY FOURPLEX BORDERING HILLSBOROUGH!! The Hillsborough Apartments is an incredible opportunity to acquire a true pride of ownership property in one of the most sought after locations on the peninsula. With outstanding in-place rents, this trophy asset is a true turnkey apartment building perfect for investors, owner-occupiers, and generational family purchasers alike. Strategically positioned west of the El Camino Real, bordering the prestigious Hillsborough neighborhood, this property is a MUST SEE! Attractive Unit Mix: All four units are 2-bed, 1-bath, approximately 1,000 sf each. The property benefits from numerous recent upgrades and capital improvements. All 4 units updated with granite counters and subway tile wainscoting, crown molding, arched walkways, custom cherry cabinets, Restoration Hardware fixtures, Baldwin door knobs & deadbolts, and Leviton dimmer lights and electric plugs. New roof in 2021, new water heaters, new sewer lateral in 2019 & new sewer line and cleanout. New plumbing valves. Double-Paned windows throughout with custom plantation shutters. Energy Efficient Washer/ Dryer in each unit. Add an ADU by converting the garage parking into an additional unit or two to increase value and cash flow!

Location

State CA

County San Mateo

Area San Mateo Park / El Cerrito Park

Zoning Multifamily: R4

Rooms

Kitchen Countertop - Granite, Dishwasher, Microwave, Refrigerator

Interior

Heating Wall Furnace

Cooling None

Flooring Hardwood

Laundry Washer / Dryer

Exterior

Parking Features Attached Garage

Utilities Available Individual Electric Meters, Individual Gas Meters

Roof Type Composition,Shingle

Building

Foundation Concrete Perimeter

Sewer Sewer - Public

Water Individual Water Meter

Others

Tax ID 032-071-050

Special Listing Condition Not Applicable

NEARBY SCHOOL & BUSINESS

+1(408) 506-3942

e@boyenga.com

167 S. San Antonio Road, Altos, CA

16 W Bellevue AVE San Mateo, CA 94402