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1056 Continentals Way
Belmont, CA 94002
24 OVERSIZED Units w/ VIEWS-Belmont-Carlmont · Multifamily Property For Sale · 24 Units

INVESTMENT HIGHLIGHTS

  • First Time on Market in 25 Years. Pride-of-Ownership, Generational, Trophy Asset in Belmont Hills
  • Mostly 2 BR/2 BA Units: (15) 2 BR/2 BA Units: (9 LGE) 2 BR/2 BA - 1,056 SF / (6 XLGE) 2 BR/2 BA - 1,137 SF / (9) 1 BR/1 BA - 742 SF
  • Potential to Add In-Unit Washer & Dryers. Ownership Invested Over $540k+ in Capital Improvements, Little to No Future Cap. Ex. for Future Owner
  • 24 OVERSIZED Units - All Units Offer Unobstructed/Panoramic Views w/ Private Balconies
  • All Units Offer Dishwashers. Many Units Offer Renovated Kitchens & Bathrooms
  • PLEASE DO NOT DISTURB TENANTS. PLEASE CONTACT LISTING AGENT FOR PROPERTY TOURS OR W/ QUESTIONS

PROPERTY FACTS

No. Units 24
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 1.24 AC
Building Size 25,668 SF
Average Occupancy 95%
No. Stories 3
Year Built 1969
Parking Ratio 1.87/1,000 SF
Zoning R4

AMENITIES

UNIT AMENITIES

  • Balcony
  • Kitchen
  • Patio

SITE AMENITIES

  • Laundry Facilities
  • Security System

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 9 $2,450 742
2+2 9 $2,950 1,056
2+2 6 $3,075 1,137

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
045-373-090
Land Assessment
$7,594,920
Improvements Assessment
$5,069,880
Total Assessment
$12,664,800
  • Listing ID: 25796758

  • Date on Market: 5/26/2022

  • Last Updated:

  • Address: 1056 Continentals Way, Belmont, CA 94002

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