231 N Ellsworth Ave
San Mateo, CA 94401
Multifamily Property For Sale
·
9 Units
Property Facts
| No. Units | 9 | Lot Size | 0.22 AC |
| Property Type | Multifamily | Building Size | 10,566 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1965 |
| Building Class | C | Parking Ratio | 1.13/1,000 SF |
| Zoning | R4 | ||
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 10,566 SF |
| No. Stories | 2 |
| Year Built | 1965 |
| Parking Ratio | 1.13/1,000 SF |
| Zoning | R4 |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Washer/Dryer
- Heating
- Refrigerator
- Oven
- Range
- Double Pane Windows
- Skylights
Site Amenities
- 24 Hour Access
- Courtyard
- Trash Pickup - Curbside
About 231 N ELLSWORTH AVE , SAN MATEO, CA 94401
This 9 unit well established complex in a highly desirable San Mateo neighborhood is a prime investment ! The subject property offers a unique opportunity in the affluent San Mateo market. With a walkers score of 95/100, the location allows for renters to be situated close by to work, restaurants, public transportation, and exceptional schools and parks. Long term stable tenants and some below market rents provide for significant upside potential. High rents and limited housing options in San Francisco proper and Silicon Valley, have renters and employers shifting their sights to San Mateo/Burlingame area, making this complex a very attractive long term investment opportunity. Financials stated are current actual per owner. Unit mix: 5-2br/1ba, 2-1br/1ba and 2-studios All units are separately metered for gas and electric. There are 12 carports, storage closets and coin-operated washer/dryer onsite.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 2 | - | 532 |
| 1+1 | 2 | - | 684 |
| 2+1 | 5 | - | 805 |
Property Taxes
| Parcel Number | 032-198-110 | Improvements Assessment | $1,186,603 |
| Land Assessment | $2,755,986 | Total Assessment | $3,942,589 |
Property Taxes
