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Listed by Fred Rubio • Marcus & Millichap, DRE#01984041
$2,030,000
Est. payment /mo
7 Beds
4 Baths
4,292 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,292 sqft
Price per Sqft $472
MLS Listing ID ML82055075
Bedrooms 7
Full Baths 4
Year Built 1971
Lot Size 5,000 Sqft
Property Sub-Type Fourplex
Property Description
2916 Curtis Avenue offers a rare opportunity to acquire a well located four unit apartment building in one of the Peninsulas most consistently strong rental markets with an option to convert the garage into an ADU that could bring $4200 per month in additional income. The property features three 2 bedroom, 1 bath units and one 1 bedroom, 1 bath unit, providing a balanced mix of floor plans that appeal to a wide range of tenants that supports stable occupancy. The property has recently undergone a significant amount of capital improvements including Roof upgrade, sealed with silicone layers | New washer dryer in laundry room with PayRange digital payment system | New 75 gallon, triple braced hot water heater | Fresh paint on building exterior, garage interior | New windows | New electrical panels, moved to hallways from bedroom closets | Raised height of balcony walkway railings to 42 inches, closed off openings, and added handrails | New carpet in units two, three, and four | Crawlspace cleaned out and emptied | As-built existing and proposed four bedroom garage conversion ADU accessory dwellings unit drawings made. These upgrades make the property especially appealing to an investor seeking a low maintenance, easy to manage asset
Location
State CA
County San Mateo
Area Dumbarton Etc.
Zoning R300S5
Interior
Heating Electric
Cooling Ceiling Fan
Exterior
Parking Features Assigned Spaces, Attached Garage
Garage Spaces 4.0
Utilities Available Individual Electric Meters, Individual Gas Meters
Roof Type Flat / Low Pitch
Building
Story 2
Foundation Concrete Perimeter and Slab
Sewer Sewer in Street
Water Individual Water Meter
Level or Stories 2
Others
Tax ID 054-203-080
Security Features Secured Garage / Parking
Horse Property No
Special Listing Condition Not Applicable
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