2241 Vlg Ct Belmont, CA 94002-3436
- Apartment buildings
- 4,412 SF
- 0.13 lot acres
Feb 18, 2020
Current Use by Public Records
- Apartment buildings
Property Details for 2241 Vlg Ct
- Year built
- 1963
- Lot size
- 0.13 lot acres
- Property size
- 4,412 SF
- Property type
- Apartment buildings
- APN
- 045-022-180
- APU
- 45022180
Description
This exceptional investment opportunity presents a five-unit commercial apartment building situated at 2241 Village Court, Belmont, CA. The property encompasses 4,412 square feet on a 0.13-acre lot. The building comprises four one-bedroom, one-bathroom units and one two-bedroom, one-bathroom unit. Currently, three units are occupied, generating immediate rental income, while two units are vacant, offering potential for increased revenue. Each unit boasts attractive wood floors and a fully equipped kitchen, enhancing their appeal to a wide range of tenants. Convenient dedicated parking is provided for each unit, adding to the property's desirability. The building's strong rental history and the potential for further income growth from the vacant units make this an attractive proposition for investors seeking to expand their portfolio or capitalize on the robust rental market in Belmont. The asking price for this well-maintained property is $2,488,888. This presents a compelling opportunity to acquire a stable, income-generating asset in a desirable location.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $540,000
- ML approach
- $505,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Belmont
- County
- San Mateo
- State
- California
- Longitude
- -122.295
- Latitude
- 37.5082
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
