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315 Grand Boulevard, San Mateo
$1,950,000
ML82014445 MLS ⋅ Active Status
Rare turnkey tutor style fourplex situated on a large 7,591 SqFt lot in one of the Bay Area's most coveted submarkets. Opportunity for owner-occupancy with up to 80% LTV conventional financing. Low cost alternative to a single family home. Three studio units and one 2-bed/1-bath unit. Two vacant fully remodeled units - a rear cottage studio and a 2-Bed/1-Bath flat - both with in-unit laundry. Substantial capital improvements completed including new electrical wiring and sub-panels, copper plumbing throughout, roof (2017), fencing, asphalt and concrete, and three units completely remodeled with high-end finishes. Two studios are rented, one of which is fully remodeled. An ADU consultancy's pre-feasibility study indicates that up to 5 ADU units can be added which would drive substantial income and appreciation. There are 2 private 1-car garages and 5 uncovered parking spaces. Monthly rent: $9,965 (scheduled), $10,885 (proforma). The strong rent growth, shortage of housing units, proximity to large Silicon Valley employers, and ADU potential make 315 Grand Boulevard an exceptional investment for both the cash flow and appreciation-minded investor. Offering memorandum, disclosures, walkthrough video, and Matterport tours available.

315 Grand Boulevard, San Mateo
2804 Curtis Avenue, Redwood City
$1,618,000
ML81935467 MLS ⋅ Active Status
2804 Curtis Ave. is a 4 unit property located near Downtown Redwood City. The unit mix consists of (4) one bedroom / one bathroom. The property sits on a 0.11 acre (5,000 SqFt) lot. The property has had many upgrades including exterior paint, new kitchen cabinets, new water heaters and new windows in select units. Among the amenities are ample parking and its location, as it allows for easy access to points of interest in Downtown Redwood City. It is also located two blocks from the Middlefield Road Improvement Project. It has great rents day one with stable long-term tenants and significant upside. This is a tremendous opportunity for an investor to acquire a property with a low price point of entry in the heart of one of the communities that fuels the Silicon Valley.

2804 Curtis Avenue, Redwood City

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.