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Renovated 17-Unit Apartment Community
For Sale
Contact for pricing
Pending

1617 6th Ave, Belmont, CA 94002

Recently renovated 17-unit apartment community offering studio, one-bedroom, and two-bedroom units with select in-unit washer/dryer.

Property Size18,244 SF
Lot Size0.41 Acres
Days on Market147

Property Features for 1617 6th Ave

General Information

Standard status Pending
Size 18,244 SF
Lot size 0.41 Acres
Property subtype Multifamily

Additional Details

Multifamily Units 17

Amenities

private two-car tandem parking
storage rooms

Building Details

Year Renovated 2018
Listing Agency: Marcus & Millichap - Palo Alto
Listed By: Robert Johnston · License #CA 01853816
Source: Crexi
Added: Apr 12 Changed: Aug 28 Last Checked: Sep 1 at 4:31AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Palo Alto

Investment Insights

Based on property information with market context.

1617 & 1621 Sixth Avenue is a recently renovated 17-unit apartment community originally constructed in 1960/1962. The property offers 1 studio, 4 one-bedroom, and 12 two-bedroom floor plans. Renovations implemented by current ownership from 2016–2018 include updates to landscaping, parking, balconies, and patios, along with select-unit improvements such as air conditioning, new flooring, lighting, kitchen cabinets, countertops, backsplashes, appliances, ceiling fans, and in-unit washers/dryers. Community amenities include private two-car tandem parking and storage rooms for residents.

The property is located in Belmont, California, on an approximately 18,000 square foot parcel with a gross building area of approximately 18,244 square feet.

For buyers and brokers, the mix of unit types and the documented renovation program support a straightforward residential income offering in a well-established community setting.

Key Highlights

  • Recently renovated 17‑unit apartment community on an 18,000 SF parcel
  • Building built in 1960/1962 with approximately 18,244 SF gross building area
  • Unit mix: (1) studio, (4) one‑bedroom, and (12) two‑bedroom floor plans

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Grocery & Convenience Store Cosmetic Store Mobile Phone Store Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

17
Residential units

Location Intelligence

Trade Area within ½ mile

2,593
Businesses Nearby

Demographics for 94002, CA

28,513
Population
11,307
Households
2.5
Avg Household Size
40
Median Age
69%
College-Educated
96%
High-School Grad
5.6 sq mi
ZIP Area
5,092
Density / Sq Mi
$204,573
Median Household Income
$120,322
Median Earnings
$2,889
Median Rent
$2,000,001
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Recently renovated 17-unit apartment community offering studio, one-bedroom, and two-bedroom units with select in-unit washer/dryer.
Where is this apartment building located?
The property is located at 1617 6th Ave Belmont, CA.
What are key features of this property?
This property features: Recently renovated 17‑unit apartment community on an 18,000 SF parcel; Building built in 1960/1962 with approximately 18,244 SF gross building area; Unit mix: (1) studio, (4) one‑bedroom, and (12) two‑bedroom floor plans
(650) 391-1700 Call to check price and availability
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