1621 6th Ave Belmont, CA 94002; Multifamily Properties For Sale; A-1 in San Mateo County

1621 6th Ave Belmont, CA 94002; Multifamily Properties For Sale; A-1 in San Mateo County


1621 6th Ave Belmont, CA 94002; Multifamily Properties For Sale; A-1 in San Mateo County

 

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Price:  $6,000,000
No. Units:  17
Building Size:  18,244 SF
Property Type:  Multifamily
Property Sub-type:  Garden/Low-Rise
Status:  Active

 

Property Description

The subject property, 1617 & 1621 Sixth Avenue offers an investor the unique opportunity to own and operate a well located investment property in one of the most desirable submarkets in the San Francisco Bay Area. This pride-of-ownership 17-unit investment property is located in an excellent Westside Belmont location with stunning Bay views. There are two buildings on two separate parcels. There is a nine-plex on one parcel and an eight-plex on the other. The unit mix consists of one-studio, four one-bedroom/one-bathroom units and twelve two-bedroom/one-bathroom units. An on-site manager may not needed for these properties because the buildings are located on two separate parcels. All of the units have been updated, complete with new dishwashers, disposals and some granite slab countertops.

Location Description

The property is located two blocks West of El Camino Real, on 6th Avenue in Belmont, between E and F Streets. The property is located between Holly and Ralston exits off of Highway 101 in a pride of ownership neighborhood. 1617 & 1621 Sixth Avenue has easy access to a number of transportation options.

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