630 Masonic Way - Apartments FOR SALE


Belmont, CA 94002
$5,000,000 USD
408-603-7772
630 Masonic Way, Belmont, CA for Sale
$5,000,000 USD
Apartments - FOR SALE
1/25
null | Request Cap Rate

630 Masonic Way
Belmont, CA 94002


OVERVIEW

630 Masonic Way (the Property) is a two-story multifamily asset built in 1964 situated on a 0.23 acre lot and comprised of ten (10) beautifully renovated units. The Property boasts 10,048 rentable square feet and features ten (10) one bedroom/ one-bathroom floorplans. Additionally, seven (7) units offer residents their own private patios and balconies. The Property’s premiere location generates premium rents and strong demand from renters backed by high-tech salaries. This Property offers investors the rare opportunity to purchase an investment property in one of the most sought after locations in all of Belmont. Perfectly situated roughly two minutes from Belmont’s Caltrain station, near Interstate 280, Highway 101, Highway 92 and Highway 82, this asset is just moments away from Tech Hubs such as Facebook, Oracle, Electronic Arts, Kaiser, Sales Force, Visa, and Stanford Medical. In addition, the property is less than a half-mile away from Downtown Belmont, featuring luxury shopping, entertainment, and high-end dining options.

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/SF

$704 USD /SF

# OF UNITS

10

PRICE/UNIT

$500,000

CAP RATE

Request Cap Rate

% 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

1964

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

VCS

APN/PARCEL ID

040-312-170

ASK ABOUT THIS PROPERTY

Jon TeelCBREMore Info
408-603-7772

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

Jon TeelCBREMore Info
408-603-7772

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