2431 Carlmont Dr - Apartments FOR SALE


Belmont, CA 94002
$8,000,000 USD
650-391-1734
2431 Carlmont Dr, Belmont, CA for Sale
$8,000,000 USD
Apartments - FOR SALE
1/20
null | 4% Cap Rate

2431 Carlmont Dr
Belmont, CA 94002


OVERVIEW

Marcus & Millichap is pleased to present 2431 Carlmont Drive in Belmont, CA. The asset was constructed in 1965 and sits on a 0.57 Acre lot, per county assessor. The property offers an exceptional unit mix consisting of four (4) studio units, eight (8) one-bedroom one bathroom units, four (4) two-bedroom one-bathroom units, and four (4) two-bedroom two-bathroom units. 2431 Carlmont Drive is located at the end of a quiet residential neighborhood but within a five-minute drive of Carlmont Shopping Center which offers multiple shopping, eating, and entertainment options.

FOR SALE DETAILS

PRICE

$8,000,000 USD

PRICE/SF

$350 USD /SF

# OF UNITS

20

PRICE/UNIT

$400,000

CAP RATE

4%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Catania Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1965

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.58 AC

LAND SF

25,064 SF

ZONING

-

APN/PARCEL ID

045-030-130

ASK ABOUT THIS PROPERTY

Fred RubioMarcus & MillichapMore Info
650-391-1734

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Fred RubioMarcus & MillichapMore Info
650-391-1734

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