180 Irene Ct - Apartments FOR SALE


Belmont, CA 94002
$6,688,000 USD
650-740-7526
180 Irene Ct, Belmont, CA for Sale
$6,688,000 USD
Apartments - FOR SALE
1/8
null | 3.6% Cap Rate

180 Irene Ct
Belmont, CA 94002


HIGHLIGHTS

  • Great location in the Bay Area
  • Offers tenants easy access to transportation which includes the Belmont Caltrain Station, Interstate 280, California State Route 92 and U.S. Route 101
  • Offers close proximity to many of the nation’s top tech employers including Oracle, Facebook, Google, Visa, Sony., as well as many others

OVERVIEW

180 Irene Ct is a beautiful 16-unit apartment building located in Belmont, California consisting of (2) studios, (12) one-bedroom units and (2) two bedroom units. 15 Units were remodeled in 2023. Interior doors of the units have been replaced. All windows were replaced with double pane windows including the sliding glass doors to the balcony. Water heater was also replaced. Garage, plumbing, and electrical main panel has been updated. The property was originally constructed in 1960 on a 16,596 square foot parcel of land with the gross building approximately 18,096 square feet.

FOR SALE DETAILS

PRICE

$6,688,000 USD

PRICE/SF

$370 USD /SF

# OF UNITS

16

PRICE/UNIT

$418,000

CAP RATE

3.6%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,553 SF

ZONING

R40000

APN/PARCEL ID

044-101-040

ASK ABOUT THIS PROPERTY

Constantinos VorrisesCentury 21 Real Estate AllianceMore Info
650-740-7526

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Constantinos VorrisesCentury 21 Real Estate AllianceMore Info
650-740-7526

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.