Marcus & Millichap has been selected to exclusively market for sale 1665 Sixth Avenue, a beautiful, well located, 10-unit apartment community situated in an excellent westside Belmont location with stunning hilltop views of the peninsula.
1665 Sixth Avenue presents the opportunity for an investor to acquire a trophy mid-peninsula asset with an excellent unit mix in one of the best locations in the country. This subject property is situated on 0.24 acres of land and has approximately 11,595-SqFt of livable space. The property has of ten rental units with a desirable mix consisting of eight (8) one-bedroom/ one-bathroom units and two (2) two-bedroom/one-bathroom units.
Belmont, California is an affluent city in San Mateo County, centrally located halfway between San Francisco and San Jose. 1665 Sixth Avenue is situated less a a mile away from downtown San Carlos to the south and downtown Belmont to the north, both offering 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 2 miles away. Other notable tech companies such as Salesforce, BOX, Inc., Visa, Sony, Electronic Arts, Inc.(EA), Google and Facebook are also within close proximity.
The City of Belmont has been continuing to grow and has many notable construction projects underway. Additional information on Belmont development projects can be found on the following pages title “Belmont Developments”.
The investment appeal of this asset is driven by Belmont’s strong employment fundamentals and low vacancy levels. With a world-class location in the heart of Silicon Valley, 1665 Sixth Avenue presents an attractive choice for Peninsula renters due to the close proximity to major employers, transportation corridors, shopping, dining and entertainment options.
