Address

2830 Flores ST San Mateo, CA

Type

Multi-Family

Price

$ 8,588,000

Property Attributes

MLS#ML81824850
TypeMulti-Family
CountySAN MATEO
CitySan Mateo
AreaPark Western Subdivision-Hillsdale
Zip94403
Style
Price$ 8,588,000
Bedrooms3
Full Bathrooms0
Half Bathrooms0
Sqr Footage15311
Lot Size0.43 Acres

Listing Provided Courtesy Of:

Eric Katz with Katz Inc.

Data Source:

MLS Listings

Property Description

*Contact Listing Agent for Offering Memorandum* 2830 Flores Street is a 17-unit multifamily property in the highly desirable city of San Mateo, CA. Constructed in 1961 and extensively remodeled in 2020, the building consists of (7) two-bedroom/one-bathroom units, (8) one-bedroom/one-bathroom units, and (2) studios with a gross-livable area of 15,311 square feet on a 18,584 square foot lot. 11 of the 17 units are fully renovated with high-end finishes including granite countertops, modern shaker-style cabinetry, stainless steel appliances, hardwood laminate flooring, remodeled bathrooms, dual pane windows and more. The building is composed of a wood-frame construction with a pitched composite roof. The property includes (11) covered parking spots and (5) tuck-under parking spaces. The units are individually metered for electricity & gas and share a common water meter. The investment appeal of this asset is driven by the strong employment fundamentals and low vacancy levels in San Mateo.

Price History
1/7/2021	Listed $8,588,000

General Features

# of Buildings	1
Accessibility	None
Age	60
City	SAN MATEO
Cooling	Ceiling Fan
County	San Mateo
Heating	Forced Air
Listing Agent State License	01900078
MLS Area	Park Western Subdivision/Hillsdale
Parking Features	Covered Parking, On Street
Property SubType	Five or More Units
Property Type	Commercial Multi-Residential (5+ units)
Restrictions	None
Roof	Composition, Flat / Low Pitch
Security Features	None
Special Listing Conditions	Not Applicable
Status	Active
Utilities	Individual Electric Meters, Individual Gas Meters, Public Utilities
Water	Public
Year Built	1961
Zoning Text	R4

Interior Features

Living Sqft	15311
Unit 2 Approx Square Footage	900
Unit 2 Number Of Bedrooms	1
Unit 3 Approx Square Footage	1000

Exterior Features

Building Area Total	15311
Foundation Details	Concrete Perimeter, Post and Pier
Lot Acres	0.4266
Lot Size Area	18584.00
Lot Size Units	Square Feet
Maximum Lot Size	18584.00
Meters	Master Electric, Master Gas, Master Water, Separate Electric, Separate Gas
Sewer/Septic	Sewer - Public

Amenities

Foreclosure
Views
Short Sale
New Construction
Adult 55+
Lease To Own
No HOA Fees
Furnished
Master On Main
Air Conditioning
Seller Finance
Green
Fixer Upper
Horse
Golf
Fireplace
Deck
Garage
Basement
Pool

Property vs Zip Code Average in 94403

Price

AVG $8.59M

$8.59M

Visits

AVG 27

Year Built

AVG 1961

1961

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Last updated: April 15, 2021 5:51 AM UTC Property Information © 2021 MLSListings Inc. All rights reserved. Listing information is deemed reliable but not guaranteed. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc. The viewer acknowledges ownership and validity of its copyright. Information provided is for personal, non-commercial use by a viewer with a bona fide interest in the purchase or sale of real estate of the type being offered via this website or other electronic means. The viewer is prohibited from copying, redistributing or retransmitting any of the data or information provided by MLSListing, Inc. The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS), CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share) Show More...