The subject property was completely renovated in 2012 and is well located west of the El Camino. It offers a rare opportunity to own a turn-key apartment complex in one of the healthiest rental markets in the Bay Area. Additionally, the property is walking distance to both the Belmont Caltrain Station and Belmont Village Center. Full Marketing Package Available.
Multi-familyProperty Type
1907Year Built
0.67 acresLot Size
$644Price/Sq.Ft.
Listed by Mitchell Zurich•DRE #01870648• Marcus & Millichap
Contact: (650) 391-1824
Bought with Nev. Batliwalla•DRE #01090575• Corcoran Icon Properties
Belmont Gardens is a beautiful 22 unit apartment complex. The current owners have invested approximately $600,000 to completely renovate the building inside and out. Situated on the Westside of El Camino Real, this charming complex features expansive Bay Views. Within walking distance of Downtown Belmont and the Caltrain Station 601 Middle offers a rare opportunity to own the best in class.
Public Records
Aug 23, 2011
Sold
$2,900,000
$275/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$121,573 (+7.0%)
$2,696,949 + $5,619,188
$8,316,137
2024
$113,666 (+1.6%)
$2,644,068 + $5,509,008
$8,153,076
2023
$111,881 (+3.6%)
$2,592,224 + $5,400,989
$7,993,213
2022
$108,010 (+0.4%)
$2,541,397 + $5,295,088
$7,836,485
2021
$107,619 (+6.2%)
$2,491,566 + $5,191,263
$7,682,829
2020
$101,379 (+1.5%)
$2,442,712 + $5,089,474
$7,532,186
2019
$99,918 (+3.1%)
$2,417,665 + $5,037,288
$7,454,953
2018
$96,930 (+1.7%)
$2,370,260 + $4,938,518
$7,308,778
2017
$95,308 (+2.1%)
$2,278,221 + $4,746,750
$7,024,971
2016
$93,366 (+31.5%)
$2,278,221 + $4,746,750
$7,024,971
2015
$70,976 (+4.2%)
$2,233,550 + $4,653,677
$6,887,227
2014
$68,092 (+45.1%)
$2,009,080 + $2,790,612
$4,799,692
2012
$46,927 (+150.8%)
$2,000,000 + $2,778,000
$4,778,000
2011
$18,710 (+28.0%)
$2,000,000 + $900,000
$2,900,000
2010
$14,620 (+4.8%)
$150,025 + $252,601
$402,626
2009
$13,951 (+5.2%)
$148,904 + $250,714
$399,618
2008
$13,258
$149,258 + $251,310
$400,568
Tax history for 601 MIDDLE Rd
Year
Property tax
Land + Additions
Assessment*
2025
$121,573 (+7.0%)
$2,696,949 + $5,619,188
$8,316,137
2024
$113,666 (+1.6%)
$2,644,068 + $5,509,008
$8,153,076
2023
$111,881 (+3.6%)
$2,592,224 + $5,400,989
$7,993,213
2022
$108,010 (+0.4%)
$2,541,397 + $5,295,088
$7,836,485
2021
$107,619 (+6.2%)
$2,491,566 + $5,191,263
$7,682,829
2020
$101,379 (+1.5%)
$2,442,712 + $5,089,474
$7,532,186
2019
$99,918 (+3.1%)
$2,417,665 + $5,037,288
$7,454,953
2018
$96,930 (+1.7%)
$2,370,260 + $4,938,518
$7,308,778
2017
$95,308 (+2.1%)
$2,278,221 + $4,746,750
$7,024,971
2016
$93,366 (+31.5%)
$2,278,221 + $4,746,750
$7,024,971
2015
$70,976 (+4.2%)
$2,233,550 + $4,653,677
$6,887,227
2014
$68,092 (+45.1%)
$2,009,080 + $2,790,612
$4,799,692
2012
$46,927 (+150.8%)
$2,000,000 + $2,778,000
$4,778,000
2011
$18,710 (+28.0%)
$2,000,000 + $900,000
$2,900,000
2010
$14,620 (+4.8%)
$150,025 + $252,601
$402,626
2009
$13,951 (+5.2%)
$148,904 + $250,714
$399,618
2008
$13,258
$149,258 + $251,310
$400,568
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
22
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
0.67 Acres
Year renovated
1953
Sq. Ft.
10,528
Year built
1907
Style
Multi-Family (5+ Unit)
County
San Mateo County
APN
044222200
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 2, 2026.
CMU
Corridor Mixed Use District
The Corridor Mixed Use District applies to parcels along El Camino Real outside of the Belmont Village Specific Plan area and is intended to accommodate community- and visitor-serving retail and services, lodging, office, and high density residential in a mixed use setting. A mix of uses on individual development sites is desired, but not required. A community benefits program allows additional height, and intensity to be granted in exchange for the provision of specified community benefits.
Permitted uses
Include but are not limited to:
Bank
Garden center
General retail
Restaurant
Housing-Multiple units
Infrastructure
Office
Public service
Veterinary clinic
Nov 3, 2016 • Final
Res
Repair a gas line.
Gas
Plumbing
Sep 2, 2015 • Final
Res
Apply new stucco to a building with three units.
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Parking Description: Carport
Interior
Room Information
Kitchen Description: Dishwasher, Varies by Unit, Oven Range, Refrigerator(s)
Interior Features
Laundry: Washer/Dryer (Leased & Coin-Operated), Community Facility