2830 Flores St | San Mateo, CA 94403
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- LoopNet Team
2830 Flores St
San Mateo, CA 94403
Multifamily Property For Sale
·
17 Units
INVESTMENT HIGHLIGHTS
- Turnkey Investment: 15 of 17 units have been fully remodeled with high-end finishes
- Prime San Mateo Location: Walking distance to Hillsdale Shopping Center and Caltrain, with easy access to major highways
- Desirable Unit Mix: large units — (7) 2BD/1BA, (8) 1BD/1BA, and (2) studios
- Immediate Income Growth: 8.8% upside in rents and 22% total upside, offers investors a clear path to increased cash flow
PROPERTY FACTS
| No. Units | 17 | Building Size | 15,311 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1961/2020 |
| Building Class | C | Parking Ratio | 1.05/1,000 SF |
| Lot Size | 0.42 AC | ||
| Zoning | R4 - 105S - Five Or More Units | ||
| No. Units | 17 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.42 AC |
| Building Size | 15,311 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1961/2020 |
| Parking Ratio | 1.05/1,000 SF |
| Zoning | R4 - 105S - Five Or More Units |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Oven
- Range
- Garden
- Lawn
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Courtyard
- Laundry Facilities
- Tenant Controlled HVAC
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 2 | - | - |
| 1+1 | 8 | - | - |
| 2+1 | 7 | - | - |
PROPERTY TAXES
| Parcel Number | 039-385-020 | Improvements Assessment | $2,296,655 |
| Land Assessment | $5,380,736 | Total Assessment | $7,677,391 |
PROPERTY TAXES
Parcel Number
039-385-020
Land Assessment
$5,380,736
Improvements Assessment
$2,296,655
Total Assessment
$7,677,391
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