Solid 6 Unit Offering in PRIME San Mateo Location! Property Benefits from Newly Remodeled Unit Featuring New Kitchen & Bath, Newer Double Pane Windows, Newer Electrical Panels, Individual Carport Parking, Individual Gas & Electric Meters, Newer Sewer Line to Street, and On Site Laundry for Additional Income! IDENTICAL property next door, 1950 Ivy Street, just sold this year/2024 for Sale Price of $2,700,000. Seller is Motivated to Sell to Conduct 1031 Exchange. 1950 Ivy Street consists of (5) 1bed/1bth Units & (1) 2bed/1bth Unit with $154K+ in Current In Place Income with the Ability to Increase rents by up to 9% After Close of Escrow! Must See to Appreciate!
Great condo in sought after complex with a great location. This END unit faces W 20th street. No neighbors on one side. great natural lighting. refinished hardwood floors. neutral clean carpeting. Large primary suite with walk in closet and fireplace, very cozy. Two patios. The parking is directly below unit with 2 spaces. Walk to El Camino, City hall, The Elks Club, Serra High and more. Very close to shopping and all transportation. Updates to minutes to be in HOA docs shortly.