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231 Villa Ter
San Mateo, CA 94401
Multifamily Property For Sale
·
9 Units
Investment Highlights
- 45% of floorplans are spacious two bedroom units with large private patios and/or balconies
- Residents can walk and enjoy the countless eating, drinking, and shopping options available to them on Burlingame Ave
- In-place rents are ~26% below market rents offering investors phenomenal upside
Property Facts
| No. Units | 9 | Building Size | 11,260 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1977 |
| Building Class | C | Parking Ratio | 0.8/1,000 SF |
| Lot Size | 0.36 AC | ||
| Zoning | R30000 | ||
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.36 AC |
| Building Size | 11,260 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1977 |
| Parking Ratio | 0.8/1,000 SF |
| Zoning | R30000 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 5 | - | 615 |
| 2+1 | 2 | - | 863 |
| 2+2 | 2 | - | 1,064 |
Property Taxes
| Parcel Number | 032-151-190 | Improvements Assessment | $598,843 |
| Land Assessment | $133,841 | Total Assessment | $732,684 |
Property Taxes
Parcel Number
032-151-190
Land Assessment
$133,841
Improvements Assessment
$598,843
Total Assessment
$732,684
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