366 Caprino Way - Apartments FOR SALE


San Carlos, CA 94070
$2,995,000 USD
650-274-5227
366 Caprino Way, San Carlos, CA for Sale
$2,995,000 USD
Apartments - FOR SALE
1/15
null | 4.78% Cap Rate

366 Caprino Way
San Carlos, CA 94070


OVERVIEW

Pride of Ownership 6-Unit Apartment Building in highly desirable San Carlos Hills. Outstanding unit mix: (4) Large 1,050 SF Two-Bedroom / Two Bath Units and (2) Studios. All of the 2+2s have been fully renovated with high-end finishes including washer/dryer combos in each kitchen. The Studio units share an on-site laundry facility with coin-operated laundry machines owned by the Landlord. Tenants enjoy private balconies and patio areas. The electrical system has been updated to circuit breakers on the main and subpanels. Sufficient parking with 5 tuckunder carport spaces, 1 covered spot, and one open space. Significant add-value opportunity by converting parking into ADU (Accessory Dwelling Unit). Excellent location in prestigious San Carlos Hills surrounded by nice apartment buildings, luxury condominiums & single-family homes. Adjacent to Highlands Park and numerous other parks, outdoor activities and hiking-biking trails. Fantastic San Carlos School District feeding into Heather Elementary, Tierra Linda Middle & Carlmont High.

FOR SALE DETAILS

PRICE

$2,995,000 USD

PRICE/SF

$524 USD /SF

# OF UNITS

6

PRICE/UNIT

$499,167

CAP RATE

4.78%

% LEASED

-

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

6

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,013 SF

ZONING

-

APN/PARCEL ID

050-171-390

ASK ABOUT THIS PROPERTY

Bryan DanforthCompass CommercialMore Info
650-274-5227

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Bryan DanforthCompass CommercialMore Info
650-274-5227

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