65 28th AVE

SAN MATEO, CA, 94403

$6,000,000

$442 per ft²
$6,000,000
$442 per ft²
Active
Active
 - For Sale
carpenters-square
13,559 ft²
property_type
Commercial
calendar
Built 1961
This rare investment opportunity offers a turnkey, updated and well-maintained multifamily complex situated west of El Camino Real on the highly desirable San Francisco Peninsula. Located at the corner of 28th Avenue and Flores Street in San Mateo, California, this fully occupied investment property is only a few blocks from the newly remodeled Hillsdale Shopping Center and Peninsula Caltrain station. In addition, due to the restructuring of the Bay Meadows site, many top employers have moved in and are now within walking distance of subject property, such as Guidewire, SurveyMonkey, and Upstart. This location is hard to beat with countless nearby dining, entertainment and shopping opportunities along with access to public transportation, as well as being only a 15-minute drive to the San Francisco international Airport. This 12-unit apartment complex was built in 1957 and has not been marketed for sale for 30 years.
MLS® ID:
ML81920015
Updated:
3/31/23

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Floor Description
Hardwood
Cooling
None
Heating
Wall Furnace

Exterior/Building Features

Lot Size
10,837 ft² lot
Roof
Tar and Gravel
Sewer
Sewer - Public

Other Property Details

Area Name
426
Association Amenities
Additional Storage
Garage
Yes
Parking
Common Parking Area, Covered Parking, On Street
Parking Total
3.0
View
Y
County
San Mateo
Utilities
Individual Electric Meters, Individual Gas Meters
Water Source
Public
Pool
Yes
Zoning
R4

Courtesy of Marcus & Millichap, Russ Panowicz,
Listing Contact: 650-302-4249 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Sandy Comaroto shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 8:58 AM UTC, 3/31/23

 

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