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Laurelwood Apartments
3235 Glendora Dr., San Mateo, CA 94403
N/A
8
8,985 SF
Multifamily
Garden/Low-Rise
Investment
4.21%
15
100%
2
1968
12,113 SF
041-263-270
-
Last Verified 12/28/2009
Listing ID 16386498
Highlights
Spacious Units: (2) 2bed/2ba & (6) 1bd/1ba
Rents below Market - Realistic Upside in Rental Income
Household income $145,000 within 1 mile radius
Healthy Rental Market in San Mateo Hills
Close to shopping, major freeways , and public transportation
First time marketed in over 30 years
Description
Updated Pricing as of 10/26/2009. 3235 Glendora Drive is an excellent opportunity for an investor to acquire an 8 unit apartment building in one of San Mateo' s most affluent neighborhoods. The property consists of (2) 2bed/2ba & (6) 1bed/1ba units all with large balconies or patios. There are a total of 9 carports and 1 enclosed garage. Owner pays for water & garbage and common area gas/electric. Lease are all M-M.
Offers Subject to inspection.
Off highway 92. Close to College of San Mateo. Cross street is W. Hillsdale blvd.
Map of 3235 Glendora Dr., San Mateo, CA 94403 (San Mateo County)
Created 9/8/2009
Additional Information for 3235 Glendora Drive, San Mateo, CA 94403
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The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-P