$15,570,000
$15,998,000
2.7%For more information regarding the value of a property, please contact us for a free consultation.
1.06 Acres Lot
SOLD DATE : 12/20/2024
Key Details
Sold Price $15,570,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81988875
Sold Date 12/20/24
HOA Y/N No
Year Built 1950
Annual Tax Amount $227,349
Lot Size 1.062 Acres
Property Description
San Mateo Garden Apartments is a stunning 39-unit apartment community located at 22 N San Mateo Dr in the thriving city of San Mateo, California. Situated on a parcel of land totaling 46,252 square feet, the subject property was originally constructed in 1950 and has a gross building area of approximately 23,893 square feet, offering its tenants beautifully designed two-bedroom, one-bedroom, and studio floor plans. San Mateo Garden Apartments offers residents attractive community amenities including a shared grill, a community pool, and a laundry facility. San Mateo Garden Apartments is located in Downtown San Mateo, a popular area featuring a myriad of diverse retail shops, fine dining, and entertainment options. The subject property is also located nearby many major transportation corridors including U.S. Route 101, California State Route 92 and the San Mateo Caltrain Station. These transportation hubs provide tenants close proximity to both San Francisco and the South Bay providing quick access to many of the nation's top employers including Google, Facebook, Apple, Stanford Medicine, Box Inc., Visa, Sony as well as many others.
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning R-1
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Carport Spaces 34
Utilities Available Other
Roof Type Flat
Building
Water Public
Schools
School District Other
Others
Tax ID 032321340
Financing Cash
Special Listing Condition Standard
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Bought with Cole Simpson • Marcus & Millichap
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