UA-138051460-1
Address
2830 Flores ST San Mateo, CA
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 30
59
Year Built
AVG 1961
1961

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