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1 Devonshire Blvd
San Carlos, CA 94070
Devonshire · Multifamily Property For Sale
·
15 Units

PROPERTY FACTS
| No. Units | 15 | Lot Size | 0.34 AC |
| Property Type | Multifamily | Building Size | 11,896 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1965/2019 |
| Building Class | C | Parking Ratio | 1.26/1,000 SF |
| Zoning | RM-59 | ||
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 11,896 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1965/2019 |
| Parking Ratio | 1.26/1,000 SF |
| Zoning | RM-59 |
ABOUT 1 DEVONSHIRE BLVD , SAN CARLOS, CA 94070
R&Z Real Estate Advisors of Marcus and Millichap has been selected to exclusively market for sale “One”, a stunning recently renovated 15-Unit Apartment complex located in the prestigious City of San Carlos, California. “One” presents a rare opportunity for an investor to acquire a Trophy asset in one of the most desirable locations in the country. The Subject property is located at 1 Devonshire Blvd on the corner of San Carlos Avenue and Devonshire Blvd. Situated on .34 acres of land this approximately 11,896 square foot building consists of a phenomenal unit mix of (2) Studios, (10) One-Bedroom/One-Baths, and (3) Two-Bedroom/One-Bath units. Various units have recently undergone a full renovation some of which now benefit from in-unit washer/dryers. New interior improvements include but are not limited to new cabinets, quartz countertops, new flooring, and installation of modern appliances as well as light fixtures. “One” is situated less than a mile away from Downtown San Carlos to the South and Downtown Belmont to the North, both offering a wide range of high end shopping, dining and entertainment options. Many of the nations top tech employers are also within close proximity. Tech Giant Oracle is located less than two miles away. Other notable tech companies such as sales force, BOX, Inc., Visa, Sony, Electronic Arts, Inc. (EA), Google and Facebook are all within close proximity
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 10 | $2,475 | - |
| 2+1 | 3 | $3,125 | - |
| Studios | 2 | $1,795 | - |
PROPERTY TAXES
| Parcel Number | 049-331-040 | Improvements Assessment | $1,971,000 |
| Land Assessment | $4,179,000 | Total Assessment | $6,150,000 |
PROPERTY TAXES
Listing ID: 16191474
Date on Market: 5/30/2019
Last Updated:
Address: 1 Devonshire Blvd, San Carlos, CA 94070
The San Carlos Multifamily Property at 1 Devonshire Blvd, San Carlos, CA 94070 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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