2660 Flores St - Apartments FOR SALE


San Mateo, CA 94403- Beresford Park
$4,995,000 USD
408-314-3009
2660 Flores St, San Mateo, CA for Sale
$4,995,000 USD
Apartments - FOR SALE
1/19
null | 4.37% Cap Rate

2660 Flores St
San Mateo, CA 94403
Beresford Park


HIGHLIGHTS

  • Premier, Mid Peninsula, 10 Unit Apartment Asset
  • Large Floor Plans (1, 2, 3, Bedroom Units)
  • West Of El Camino Real Location
  • Five Minutes To Downtown San Mateo

OVERVIEW

2660 Flores Street is a prime ten-unit, mid-Peninsula multifamily investment opportunity in San Mateo, CA. The asset was constructed in 1961 and features an array of overly sized one, two and three bed units across a 10,948 square foot building foot print. Each of the units have been well maintained and have been upgraded with hardwood flooring, granite counter tops, stainless steel appliances and upgraded bathrooms and fixtures. All units come with their own reserved tuck under parking as well as access to onsite laundry. The asset is situated in a premier West of El Camino location. Tenants have the luxury of being within walking distance to all the high-end shops and restaurants of Hillsdale Shopping Center as well as the Hillsdale Caltrain Station which provides quick access to all the major employers on The Peninsula, San Francisco and San Jose. In addition, 2660 Flores is just off of El Camion Real and a short five-minute drive to downtown San Mateo’s array of retail, restaurants and night life.

FOR SALE DETAILS

PRICE

$4,995,000 USD

PRICE/SF

$456 USD /SF

# OF UNITS

10

PRICE/UNIT

$499,500

CAP RATE

4.37%

% 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

1961

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,672 SF

ZONING

R3

APN/PARCEL ID

039-372-430

ASK ABOUT THIS PROPERTY

Fred RubioMarcus & MillichapMore Info
408-314-3009

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Fred RubioMarcus & MillichapMore Info
408-314-3009

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