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Key Details
Sold Price $10,880,000
Property Type Commercial
Sub Type Five or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 34,307 sqft
Price per Sqft $317
MLS Listing ID ML81865365
Bedrooms 5
Full Baths 9
Year Built 1965
Lot Size 0.535 Acres
Property Description
Large luxury building on a quiet cul de sac in Belmont//All units are extra large with Balconies that span the entire width of the unit//Great Location at the end of a cul de sac//Secure building//Includes an elevator, management workshop, owned laundry machines and change machines//Plenty of upside for the new investor//Two blocks to Belmont's largest community shopping center: Groceries, Pharmacy, Restaurants etc//5 minute drive to Highway 101, 92, or 280 creating easy access to San Francisco, Silicon Valley and the entire bay area//Improvements include New Roof 2021//Pool redone 2021 including cabana with 2 bathrooms//New elevator shaft 2019//New water heater, Bioler//Pressure tank 2018//Parking available for 36 cars, 33 of which are secured by automatic gate under the building//Most units have been remodeled over the past 24 months//Photos above depict #10, a 1 bedroom 1 bath unit, most remodels are done the same.
Location
State CA
County San Mateo
Area Belmont Woods Etc.
Building/Complex Name Imperial Apartments
Zoning R-3
Interior
Heating Forced Air
Cooling None
Flooring Carpet, Vinyl / Linoleum
Exterior
Garage Assigned Spaces, Electric Gate, Off-Street Parking, Underground Parking
Garage Spaces 33.0
Pool Pool - In Ground
Community Features Cabana, Community Pool, Elevator, Trash Chute
Utilities Available Individual Electric Meters, Individual Gas Meters
Roof Type Other
Building
Foundation Concrete Perimeter
Sewer Sewer Connected
Water Public
Others
Special Listing Condition Not Applicable
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Bought with Ray Rodriguez • Compass
Matt Cossell
Top 1% Realtor | License ID: 01382971
Top 1% Realtor License ID: 01382971