$3,850,000

Quadruplex In San Mateo

  • 8 Beds
  • 3,856 Sqft
  • 6,377 Sqft lot
  • Updated: July 24
  • Source:
    bridgeMLS  MLS#ML82055296

About the Property

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 positio
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!
  • Property type

    Other

  • Year built

    1947

  • Price/sqft

    $998

Features

  • Garage
  • Washer Dryer
  • Parking

Explore the Area

16 W Bellevue Avenue, San Mateo, California, United States View on Google Maps
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Compass

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Compass
California, United States
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18
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2025
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Compass
California, United States
View agency profile
Last updated
July 24
First listed
Jul 24
Listing reference
ML82055296
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