Great investment and 1031 exchange opportunity. Priced to sell. Higher than typical cap rate. Expenses are stabilized and reflect the market. Upside potential on rents (2 units are currently vacant. Laundry is also used by tenants at 36 E. 40th Ave. Laundry lease with Webcor. Great San Mateo Village location.<br/><br/>Brokered And Advertised By: Prudential California Realty<br/>Listing Agent: Bruce Schlesinger
Off market
Street View
$1,160,461
40 E 40th Ave, San Mateo, CA 94403
6beds
6baths
5,575sqft
Apartment
Built in 1956
-- sqft lot
$-- Zestimate®
$208/sqft
$3,963 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
Interior area
- Total interior livable area: 5,575 sqft
Property
Parking
- Parking features: Carport, Garage - Attached
Lot
- Size: 6,098 sqft
Details
- Parcel number: 040073200
Construction
Type & style
- Home type: Apartment
Condition
- Year built: 1956
Community & neighborhood
Location
- Region: San Mateo
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $30 monthly