2200 Village Ct Belmont, CA 94002
23-unit apartment building with potential for additional ADU income.
Property size:
24,785 SFProperty Features for 2200 Village Ct
General Information
- Standard status
- Active
- Size
- 24,785 SF
Building Details
- Year built
- 1965
Source:
Corcoran
Listing Agent: Don Sung
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Carlmont Village Multifamily Investment Opportunity
This 23-unit apartment building is located in Carlmont Village. The property consists of fourteen 1-bedroom/1-bathroom units, ranging from approximately 644 to 736 square feet, and nine 2-bedroom/1-bathroom units, ranging from approximately 875 to 883 square feet. All 23 units include dishwashers, and there is potential to add in-unit washer/dryers. The property provides covered carport parking spaces, tenant storage, and elevator access to all floors. There is an opportunity to convert approximately 2,565 square feet of enclosed carport space with 9-foot ceilings into five 1-bedroom/1-bathroom or studio ADUs. The property has dual-pane windows, a newer roof, copper plumbing, and an 800 AMP Square D panel. The property has a Walk Score of 80, offering walkability to Carlmont Village and quick access to Freeways 280 and 101. The building has a total size of 24,785 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Village Square Apartments
Apartment Building
Location Insight
- Map
- Local Demand
- City
- Belmont
- County
- San Mateo
- State
- California
- Longitude
- -122.2943004
- Latitude
- 37.50833
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 23-unit apartment building with potential for additional ADU income.
Where is this apartment building located?
The property is located at 2200 Village Ct Belmont, CA.
What is the asking price?
The asking price for this property is $10,150,000.
What are key features of this property?
This property features: - High Income Potential: Convert carport space into 5 ADUs for an additional $135,000/year in gross rental income.; - Prime Location: Desirable Carlmont Village location with a Walk Score of 80, offering walkability and quick access to Freeways 280 and 101.; - Stable Cashflow: Coupon-clipper property with excellent tenants and stable cashflow.