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Listed by Cris Lamas Urban Capital SF
$ 2,450,000
Est. payment /mo
New
518 19th AVE San Mateo, CA 94403
4 Beds
2 Baths
5,440 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,440 sqft
Price per Sqft $450
MLS Listing ID 425085735
Bedrooms 4
Full Baths 2
HOA Fees $3,025/ann
HOA Y/N Yes
Year Built 1958
Lot Size 8,008 Sqft
Acres 0.1838
Property Sub-Type Multi Family
Property Description
518 19th Avenue is a seven-unit apartment building located in the heart of San Mateo, just minutes from downtown and Caltrain. Built in 1958, the property consists of four (4) spacious one-bedroom, one-bath units and three (3) studio units. The building spans 5,440 square feet on a 7,841-square-foot lot and includes 1-to-1 covered carport parking, and tenant membership to Fiesta Gardens Club House, Pool, and Recreation. Current rents range from $1,795 to $2,350 per month with market rents between $2,195 and $2,995, presenting a strong opportunity for rent growth. 518 19th Avenue offers stable in-place income with clear upside potential in one of the Peninsula's most desirable rental markets.
Location
State CA
County San Mateo
Area San Mateo
Interior
Fireplace No
Window Features Double Pane Windows
Laundry Coin Operated, Common Area
Exterior
Garage Spaces 7.0
Utilities Available Common Area Meter
Roof Type Tar/Gravel
Total Parking Spaces 7
Building
Lot Description Shape Regular
Foundation Concrete
New Construction Yes
Others
Tax ID 035331080
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
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