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901 Granada St
Belmont, CA 94002
Multifamily Property For Sale
·
18 Units
Investment Highlights
- Transit-oriented location being +/- 0.25 miles to Belmont Caltrain Station
- Sturdy inflation hedge
- Moments to retail, restaurant amenities of Ralston Avenue/Downtown Belmont
- Strong NOI growth potential - combination of embedded rent increases/renewals or continuation of unit renovation program
Property Facts
| No. Units | 18 | Building Size | 10,972 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1962 |
| Building Class | C | Parking Ratio | 1.98/1,000 SF |
| Lot Size | 0.43 AC | ||
| Zoning | R4, Belmont | ||
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.43 AC |
| Building Size | 10,972 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 1.98/1,000 SF |
| Zoning | R4, Belmont |
Amenities
Unit Amenities
- Air Conditioning
- Disposal
- Heating
- Oven
- Range
- Double Pane Windows
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 16 | $2,104 | 625 - 675 |
| Studios | 2 | $1,823 | 425 |
Property Taxes
| Parcel Number | 040-312-130 | Improvements Assessment | $1,352,520 |
| Land Assessment | $4,993,920 | Total Assessment | $6,346,440 |
Property Taxes
Parcel Number
040-312-130
Land Assessment
$4,993,920
Improvements Assessment
$1,352,520
Total Assessment
$6,346,440
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