Property Detail

1950 Ivy

San Mateo CA 94403

$2,460,000

Status: Active

Property Details

Description

Solid 6 Unit Offering in PRIME San Mateo Location! Property Benefits from Newly Remodeled Unit Featuring New Kitchen & Bath, Newer Double Pane Windows, Newer Electrical Panels, Individual Carport Parking, Individual Gas & Electric Meters, Newer Sewer Line to Street, and On Site Laundry for Additional Income! IDENTICAL property next door, 1950 Ivy Street, just sold this year/2024 for Sale Price of $2,700,000. Seller is Motivated to Sell to Conduct 1031 Exchange. 1950 Ivy Street consists of (5) 1bed/1bth Units & (1) 2bed/1bth Unit with $154K+ in Current In Place Income with the Ability to Increase rents by up to 9% After Close of Escrow! Must See to Appreciate!

Map Location

Listing provided courtesy of Neel Bhatia of Coldwell Banker Realty. Last updated 2024-11-07 10:13:49.000000. Listing information © 2024 CRMLS.

John Collins

John Collins

DRE# 01948188
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