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839 Highland Ave
San Mateo, CA 94401
Multifamily Property For Sale
·
6 Units
Investment Highlights
- 6-Unit Apartment in San Mateo near the San Mateo/Burlingame border less than a ½-mile from the Burlingame Caltrain Station
- Exceptionally well-maintained and currently professionally managed. Five units offer remodeled kitchens and bathrooms
- Recent updates include new siding, double-pane windows, concrete driveway, water heater, and exterior recently painted
- IMPRESSIVE UNIT MIX: 1 x 2 BR/ 2.5BA TH Style, 2 x 2 BR/ 1.5 BA TH Style, 1 x 2 BR/ 2BA unit, 2 x 1 BR/1BA units
- All units offer dishwashers, garbage disposals and forced air heating
- First time on the market since 1970; Owned by the same family since its construction in 1970.
Property Facts
| No. Units | 6 | Building Size | 6,158 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1970 |
| Building Class | C | Parking Ratio | 1.46/1,000 SF |
| Lot Size | 0.22 AC | ||
| Zoning | R-3 - 6 units Multi-Family | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 6,158 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1970 |
| Parking Ratio | 1.46/1,000 SF |
| Zoning | R-3 - 6 units Multi-Family |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Heating
- Ceiling Fans
- Kitchen
- Granite Countertops
- Refrigerator
- Range
- Tub/Shower
- Carpet
- Yard
- Deck
- Double Pane Windows
- Island Kitchen
- Patio
- Vinyl Flooring
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2.5 | 1 | $3,800 | - |
| 2+1.5 | 2 | $3,210 | - |
| 2+2 | 1 | $3,300 | - |
| 1+1 | 2 | $2,443 | - |
Property Taxes
| Parcel Number | 032-113-090 | Improvements Assessment | $1,280,000 |
| Land Assessment | $2,070,000 | Total Assessment | $3,350,000 |
Property Taxes
Parcel Number
032-113-090
Land Assessment
$2,070,000
Improvements Assessment
$1,280,000
Total Assessment
$3,350,000
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