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2660 Flores St
San Mateo, CA 94403
Multifamily Property For Sale
·
10 Units
PROPERTY FACTS
| No. Units | 10 | Building Size | 10,948 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1961 |
| Building Class | C | Parking Ratio | 1.1/1,000 SF |
| Lot Size | 0.24 AC | ||
| Zoning | R3 | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 10,948 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1961 |
| Parking Ratio | 1.1/1,000 SF |
| Zoning | R3 |
AMENITIES
UNIT AMENITIES
- Balcony
- Storage Space
- Kitchen
- Granite Countertops
- Hardwood Floors
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Patio
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Recycling
- Smoke Free
- Walking/Biking Trails
- Storage Space
- Public Transportation
ABOUT 2660 FLORES ST , SAN MATEO, CA 94403
Marcus & Millichap has been selected to exclusively market for sale 2660 Flores Street, a trophy asset located in San Mateo, California. The subject property is situated on a 10,672 square foot (per county assessor) lot with approximately 10,948 square feet (per county assessor) of gross living space. The apartment building consists of ten (10) exceptionally large units. The unit mix consists of seven (7) one-bedroom/ one- bathroom units (726 square feet), two (2) two-bedroom/ one and a half-bathroom unit (968 square feet), and one (1) three-bedroom/ two-bathroom and a half-bath unit (1,225 square feet). The property also provides three (3) private patios for some of the units, (10+) on-site parking spaces, a laundry room with one (1) coin operated washer and dryer, and ten (10) storage units. San Mateo is among the most affluent and prosperous counties in the nation with the median home price exceeding $1,474,800, placing home ownership out of reach for most residents. 2660 Flores Street is centrally located just over two miles from downtown San Mateo and half a mile from Hillsdale Shopping Center. Downtown San Mateo boasts more than 150 restaurants and bars, nearly 100 shops, a dozen specialty grocers, a movie theater, and the San Mateo Caltrain Station. The downtown area is a cultural, entertainment and economic hub on the Peninsula, offering a vibrant setting for locals and visitors alike to enjoy the weekend farmers markets, destination restaurants, and exciting entertainment. The investment appeal of this asset is driven by San Mateo’s strong employment fundamentals and low vacancy levels. With a world-class location in the heart of Silicon Valley, 2660 Flores is a highly coveted place to call home for Peninsula renters due to the close proximity to major employers, transportation corridors, shopping, dining and entertainment options.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 7 | - | - |
| 2+2 | 2 | - | - |
| 3+2 | 1 | - | - |
PROPERTY TAXES
| Parcel Number | 039-372-430 | Improvements Assessment | $2,164,864 |
| Land Assessment | $3,463,782 | Total Assessment | $5,628,646 |
PROPERTY TAXES
