$2,460,000
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1950 Ivy Street San Mateo, CA 94403
General Commercial
Residence
Beds
Baths
4,428
Sq. Ft.
0.13
Acre
Lot
Property Activity
Time on Site
days
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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 Addition...al 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!
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MLS#
ML81984484
Property Type
General Commercial
Status
Year Built
1958
Square Feet
4,428
sq. ft
Lot Size
0.13
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