$2,298,000
For Sale

411 N San Mateo Drive

San Mateo, CA 94401
0.14 acres | #ML81983762
Listing OfficeMarcus & Millichap
Browse 28 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

Description

411 N San Mateo Dr is an exceptional 5-unit multifamily asset located in the thriving city of San Mateo, California. Situated on a 6,050 square foot parcel of land, the subject property was originally constructed in 1954 and has a gross building area of approximately 5,016 square feet, offering tenants beautifully designed two-bedroom and one-bedroom floor plans. Tenants enjoy convenient community amenities such as private garage parking and an on-site laundry facility. Additionally the subject property has undergone major capital improvements including modern renovations of select units and an upgraded electrical system throughout. San Mateo is strategically located between San Francisco and San Jose. The city is well situated and offers an ideal climate in a robust and successful community and region. San Mateo offers a vibrant business and retail environment with several major shopping centers and an active downtown area. Many notable attractions in the city include the numerous street retailers lined along North El Camino Real, the popular Hillsdale Shopping Center, and San Mateo Medical Center.

  • Property Details
      • Acres0.1389
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1954
  • Utilities / Energy Details
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountySan Mateo
      • School DistrictOther
  • Financial Details
      • Original List Price$2,298,000
      • Taxes Annual$31,254
  • Other
      • MLS #ML81983762

Location

SparrowLily Realty, Inc.Real Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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