For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

1950 Ivy St San Mateo, CA 94403

Loading data...
Loading data...
Loading data...
For Sale
$2,049,000

Turnkey 6-unit apartment building in prime San Mateo location.

Lot size:
0.13 Acres

Property Features for 1950 Ivy St

General Information

Lot size
0.13 Acres

Building Details

Year built
1958

Source: Hello Hello Bay Area Agent Regina Zabarte

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

San Mateo Multifamily Investment Opportunity

This multifamily property at 1950 Ivy St, San Mateo, presents an investment opportunity. The property features six units and is located in close proximity to tech hubs, schools, parks, and transit options. Unit 6 has been upgraded, and Unit 5 is currently vacant and ready for remodeling. The property offers potential for passive income and appreciation, with tenants contributing to loan repayment. The property is intended for use as a residential income property.
Insight Report Location Intelligence

Current Use by Public Records

LN Painting Painting

Suggested Use

Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
San Mateo
County
San Mateo
State
California
Longitude
-122.309759
Latitude
37.549015

FAQs

What type of property is this?
Apartment building - Turnkey 6-unit apartment building in prime San Mateo location.
Where is this apartment building located?
The property is located at 1950 Ivy St San Mateo, CA.
What is the asking price?
The asking price for this property is $2,049,000.
What are key features of this property?
This property features: - Turnkey 6-unit cash-flowing property in prime San Mateo location.; - Significant built-in equity of $650K based on a comparable sale.; - Potential for $500K+ net profit over 5 years through passive income.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message