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    Belmont, CA
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    Belmont, CA Multifamily Properties for Sale

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    Belmont Multifamily Property for Sale
    Updated: Feb 20
    Belmont Multifamily Property for Sale

    2311 Carlmont Dr, Belmont, CA 94002

    $8,500,000
    23,629 sqft
    Excellent Belmont Location
    Excellent Unit Mix: Diverse unit sizes including 2 and 3 bedroom options
    Below Market Rents offering potential for increased revenue
    Tuck under covered parking with 22 total spaces
    Swimming Pool amenity
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    This listing looks promising.

    Here's a quick look at some key insights for

    2311 Carlmont Dr, Belmont, CA 94002

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    • Est. Cap Rate

      7.6%
      Above avg (5.9%)

    • Est. NOI

      $643K
      Annual

    • Mortgage

      $2.5M
      Nov 2016

    • Property Type

      Apartment House
      Built 1961
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    Seven-Unit Apartment Building
    Updated: Mar 17
    Seven-Unit Apartment Building

    1220 Sixth Avenue, Belmont, CA 94002

    $2,798,950
    2,916 sqft
    Seven‑unit apartment building built in 1949
    Unit mix includes studios, one‑bedroom, and two‑bedroom apartments
    Approved for a 50‑foot high unit apartment
    Two‑car carport plus ample open parking for other units
    Ground‑floor units with on‑site parking and visibility
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    23-Unit Apartment Building in Belmont
    23-Unit Apartment Building in Belmont

    2200 Village Court, Belmont, CA 94002

    $10,150,000
    24,785 sqft

    High-end apartment building with 23 units in Carlmont Village.

    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 3 Active listings in Belmont, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Well-Maintained Multifamily Property
    Well-Maintained Multifamily Property

    1122 Bush Street, San Carlos, CA 94070

    $2,225,000
    4,390 sqft

    Updated apartments with hardwood floors, double-pane vinyl windows, and coin-operated laundry facilities in San Carlos.

    View details
    San Mateo Multifamily Investment Opportunity
    San Mateo Multifamily Investment Opportunity

    19 41st Place, San Mateo, CA 94403

    $1,899,000
    2,447 sqft · 0.18 AC lot

    Six-unit multifamily property in San Mateo with upgraded interiors.

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    San Mateo 5-Unit Apartment Building
    San Mateo 5-Unit Apartment Building

    Pacific Boulevard, San Mateo, CA 94403

    $2,150,000
    5,016 sqft · 0.14 AC lot

    Spacious 5-unit apartment building near downtown San Mateo.

    View details
    San Carlos 7-Unit Multifamily Property
    San Carlos 7-Unit Multifamily Property

    552 Walnut Street, San Carlos, CA 94070

    $2,750,000
    7,877 sqft

    7-unit building in vibrant San Carlos, great location.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Ready-to-Build Land in Boulder Creek
    Ready-to-Build Land in Boulder Creek

    830 Kings HWY, Boulder Creek, CA 95006

    $395,000
    4.32 AC lot

    Private 4+ acre property with approved plans and utilities.

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    Clearlake Land/Lot Opportunity
    Clearlake Land/Lot Opportunity

    3519 Covelo Street, Clearlake, CA 95422

    Contact for pricing
    0.13 AC lot

    Three adjoining lots near Pomo school, ideal for manufactured home.

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    Mountain View Acreage in Berry Creek
    Mountain View Acreage in Berry Creek

    374 Jatko, Berry Creek, CA 95916

    $125,000
    6.79 AC lot

    6.79 acres of terraced land with mountain views.

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    Land with Private Well
    Land with Private Well

    7114 Horseshoe, Corning, CA 96021

    $34,900
    1.28 AC lot

    Over an acre of land with a private well.

    View details

    Off-Market Properties in Belmont, CA

    Consider similar Off-Market properties in Belmont, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    620 Masonic Way
    APARTMENT HOUSE (5+ UNITS)

    620 Masonic Way, Belmont, CA 94002-2776

    $3,860,000
    Estimated value
    9,233 sqft · 0.23 AC lot
    View details
    2251 Vlg Ct
    APARTMENT HOUSE (5+ UNITS)

    2251 Vlg Ct, Belmont, CA 94002-3474

    $2,310,000
    Estimated value
    13,137 sqft · 0.42 AC lot
    View details
    2186 Carlmont Dr
    APARTMENT HOUSE (5+ UNITS)

    2186 Carlmont Dr, Belmont, CA 94002-3469

    $4,225,000
    Estimated value
    9,688 sqft · 0.23 AC lot
    View details
    2302 Carlmont Dr
    APARTMENT HOUSE (5+ UNITS)

    2302 Carlmont Dr, Belmont, CA 94002-3365

    $6,950,000
    Estimated value
    19,375 sqft · 0.64 AC lot
    View details
    2401 Carlmont Dr
    APARTMENT HOUSE (5+ UNITS)

    2401 Carlmont Dr, Belmont, CA 94002-3268

    $4,435,000
    Estimated value
    17,478 sqft · 0.49 AC lot
    View details
    180 Irene Ct
    APARTMENT HOUSE (5+ UNITS)

    180 Irene Ct, Belmont, CA 94002-2061

    $5,710,000
    Estimated value
    18,096 sqft · 0.37 AC lot
    View details
    10 Gdn Ct
    APARTMENT HOUSE (5+ UNITS)

    10 Gdn Ct, Belmont, CA 94002-3565

    $1,195,000
    Estimated value
    7,282 sqft · 0.37 AC lot
    View details
    1665 6th Ave
    APARTMENT HOUSE (5+ UNITS)

    1665 6th Ave, Belmont, CA 94002-3861

    $3,950,000
    Estimated value
    11,595 sqft · 0.24 AC lot
    View details
    1160 Elmer St
    APARTMENT HOUSE (5+ UNITS)

    1160 Elmer St, Belmont, CA 94002-2852

    $4,400,000
    Estimated value
    4,800 sqft · 0.20 AC lot
    View details
    840 El Camino Real
    APARTMENT HOUSE (5+ UNITS)

    840 El Camino Real, Belmont, CA 94002-2333

    $5,580,000
    Estimated value
    13,358 sqft · 0.32 AC lot
    View details
    1621 6th Ave
    APARTMENT HOUSE (5+ UNITS)

    1621 6th Ave, Belmont, CA 94002-3874

    $4,170,000
    Estimated value
    9,898 sqft · 0.21 AC lot
    View details
    1000 Continentals Way
    APARTMENT HOUSE (5+ UNITS)

    1000 Continentals Way, Belmont, CA 94002-3121

    $28,000,000
    Estimated value
    74,953 sqft · 2.42 AC lot
    View details
    10 Mulberry Ct
    APARTMENT HOUSE (5+ UNITS)

    10 Mulberry Ct, Belmont, CA 94002-3376

    Value Estimation by Request
    45,905 sqft · 0.71 AC lot
    View details
    924 Academy Ave
    APARTMENT HOUSE (5+ UNITS)

    924 Academy Ave, Belmont, CA 94002-1761

    $2,000,000
    Estimated value
    4,720 sqft · 0.11 AC lot
    View details
    1133 Vlg Dr
    APARTMENT HOUSE (5+ UNITS)

    1133 Vlg Dr, Belmont, CA 94002-3472

    $2,145,000
    Estimated value
    13,416 sqft · 0.24 AC lot
    View details
    1056 Continentals Way
    APARTMENT HOUSE (5+ UNITS)

    1056 Continentals Way, Belmont, CA 94002-3164

    $12,035,000
    Estimated value
    27,735 sqft · 1.26 AC lot
    View details
    2200 Lk Rd
    APARTMENT HOUSE (5+ UNITS)

    2200 Lk Rd, Belmont, CA 94002-3280

    $9,960,000
    Estimated value
    53,370 sqft · 0.82 AC lot
    View details
    1612 5th Ave
    APARTMENT HOUSE (5+ UNITS)

    1612 5th Ave, Belmont, CA 94002-3879

    $1,915,000
    Estimated value
    8,956 sqft · 0.24 AC lot
    View details
    364 Malcolm Ave
    APARTMENT HOUSE (5+ UNITS)

    364 Malcolm Ave, Belmont, CA 94002-2038

    $1,015,000
    Estimated value
    11,961 sqft · 0.32 AC lot
    View details
    901 Granada St
    APARTMENT HOUSE (5+ UNITS)

    901 Granada St, Belmont, CA 94002-2754

    $6,300,000
    Estimated value
    12,924 sqft · 0.42 AC lot
    View details
    1048 Continentals Way
    APARTMENT HOUSE (5+ UNITS)

    1048 Continentals Way, Belmont, CA 94002-3163

    $4,830,000
    Estimated value
    30,548 sqft · 1.68 AC lot
    View details

    Belmont, CA Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Belmont, CA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 54,246 square feet of properties for sale, with an estimated market value of $24,444,900.

    Sale prices for multifamily properties in Belmont, CA start at $2,798,950, averaging $6,111,225, and reaching up to $10,150,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 3

    Demographics Overview

    Population 28K
    Population Growth (5Y) +1.9%
    Median Household Income $204,573

    High-Yield Neighborhoods for Investment

    Identify Belmont submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    94002 $6.1M

    Taxes & Financing

    Tax Rate (average for all types) 1.41%
    Property Tax per SF $8.11 per SF
    Tax Rate vs County Average 0.23 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in San Mateo County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in San Mateo County

    Retail

    Residential Income

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