Belmont, CA 94002,1617 Sixth AVE

$4,150,000

$4,100,000

1.2%
Est.Price: ?

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Est. payment /mo

8,346 SqFt


SOLD DATE : 08/10/2022

Key Details

Sold Price $4,150,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 8,346 sqft

Price per Sqft $497

MLS Listing ID ML81894399

Sold Date 08/10/22

HOA Y/N No

Year Built 1960

Annual Tax Amount $55,044

Lot Size 8,999 Sqft

Acres 0.2066

Property Description

1617 Sixth Avenue is a recently renovated 8-unit apartment community in the highly desirable and affluent city of Belmont, California. Situated on a 9,000 square foot parcel of land, the subject property was originally constructed in 1960 and has a gross building area of approximately 8,346 square feet, offering its tenants beautifully designed one-bedroom and two-bedroom floor plans. From 2016-2018, current ownership has implemented an extensive renovation program at the property. The subject property has undergone capital improvements including, updated landscaping, parking, balconies and patios. Select units have been meticulously renovated with air conditioning, new flooring, lighting, kitchen cabinets, countertops, backsplashes, appliances, ceiling fans and in-unit washers/dryers. Tenants and residents also enjoy access to convenient community amenities including private two-car tandem parking and storage rooms.

Location

State CA

County San Mateo

Area 699 - Not Defined

Zoning R30000

Interior

Heating Wall Furnace

Cooling Central Air

Fireplace No

Exterior

Carport Spaces 16

Roof Type Composition

Building

Water Public

Schools

School District Other

Others

Tax ID 045255180

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Adam S. Levin • Marcus & Millichap
Bought with Yolanda Wong • KW Advisors
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3631 Truxel Rd # 1081, Sacramento, CA, 95834, United States

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