Excellent long-term cashflow/equity investment building walking distance to Downtown San Mateo. Remodeled 9-unit building w/ excellent mix: five 2bdrms/1bath (~817sf-828sf), two 1bdrm/1bath (~735sf), and two studios (567sf). Each unit has been remodeled w/ permits and expecting Final City Approval within days. Each unit has new kitchen w SS appliances (fridge, oven/range, dishwasher, microwave/hood), new bathroom, new dual-pane windows, washer&dryer inside unit, new flooring, and mini-split AC ((upstairs units have heat & AC, downstair units (studios) have heat no AC)). New 600amp electrical panel for building, 100amp sub panel for each unit. Separate gas/electric meters for each unit. 12 parking spaces and storage closets. New front & back yards landscaped w/ turf and low maintenance plants. Walk to downtown to enjoy restaurants and shopping; central mid-Peninsula location w/ public transportation to San Francisco and Silicon Valley.
Off market
$4,125,500
231 N Ellsworth Ave, San Mateo, CA 94401
--beds
0baths
10,566sqft
MultiFamily
Built in 1965
-- sqft lot
$4,125,500 Zestimate®
$390/sqft
$4,058 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Other, Electric, Gas
Cooling
- Other
Appliances
- Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
- Laundry: Washer / Dryer
Features
- Flooring: Other
Interior area
- Total interior livable area: 10,566 sqft
Property
Parking
- Parking features: Carport
Lot
- Size: 9,700 sqft
Details
- Parcel number: 032198110
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1965
Utilities & green energy
- Utilities for property: Individual Electric Meters, Individual Gas Meters
Community & neighborhood
Location
- Region: San Mateo
Other
Other facts
- Listing Class: Commercial Multi-Residential (5+ units)
- Listing Status: Active
- Listing Type: Exclusive Right to Sell
- Lot Size Area Maximum Units: Square Feet
- Lot Size Area Minimum Units: Square Feet
- Sewer Septic: Sewer Connected, Sewer - Public
- Structure SqFt Source: Assessor
- Subclass: Five or More Units
- Water: Public
- Garage Parking Features: Carport, Assigned Spaces, Covered Parking
- Kitchen: Dishwasher, Garbage Disposal, Microwave, Hood Over Range, Oven Range - Electric, Exhaust Fan, Countertop - Synthetic, Refrigerator
- Lot Description: Grade - Level
- Meters: Master Water, Master Electric, Master Gas
- Foundation: Other
- Roof: Tar and Gravel
- Energy Features: Energy Star Appliances, Double Pane Windows, Energy Star HVAC, Thermostat Controller, Skylight
- Utilities: Individual Electric Meters, Individual Gas Meters
- Cooling: Other
- Heating: Other
- Flooring: Other
- Additional Listing Info: Not Applicable
- Laundry: Washer / Dryer
Services availability
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Estimated market value
$4,125,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$4,125,500