Connectez-vous/S’inscrire
Votre e-mail a été envoyé.
Turnkey 7-Unit Apartment – Downtown San Mateo 518 19th Ave Immeuble residentiel 7 lots 2 066 574 € (295 225 €/Lot) Taux de capitalisation 4,12 % San Mateo, CA 94403
Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- Renovated 7-unit apartment building in San Mateo
- Dual-pane windows and energy efficiency upgrades
- Membership to Fiesta Gardens Clubhouse and pool
- Strong in-place income with market rent upside
- 1:1 covered parking for all units + laundry income
- Prime location near Caltrain and Downtown San Mateo with Easy access to Hwy 101, 280 & Hillsdale Shopping Center
Résumé analytique
Fully renovated 7-unit multifamily in prime San Mateo location near Downtown & Caltrain. Strong in-place income, covered parking, and clear rent growth upside. Offered at $2.45 M | 4.27% Cap.
518 19th Avenue is a turnkey 7-unit apartment building in the heart of San Mateo, just minutes from Downtown and Caltrain. Built in 1958 and situated on a 7,841 SF lot, the 5,440 SF property features (4) spacious 1-bed/1-bath units and (3) large studio apartments, each with covered carport parking. Six of seven units have been fully renovated with modern finishes, dual-pane windows, and updated interiors that attract long-term tenants.
Current rents range from $1,795 – $2,350 with market potential to $2,995, providing a compelling rent-growth story and stable cash flow. At a 4.27% cap rate and $450 per SF, this asset delivers immediate returns with long-term value in one of the Peninsula’s strongest rental corridors.
• Quiet residential pocket south of Downtown San Mateo
• Near El Camino Real, Caltrain, and Hwy 101 / 280 / 92
• Close to Hillsdale Shopping Center & Bay Meadows employers
• Six of seven units renovated (turnkey condition)
• 1:1 covered parking for all units + laundry income
• Energy-efficient dual-pane windows and low-maintenance systems
• Membership to Fiesta Gardens Clubhouse and pool
518 19th Avenue is a turnkey 7-unit apartment building in the heart of San Mateo, just minutes from Downtown and Caltrain. Built in 1958 and situated on a 7,841 SF lot, the 5,440 SF property features (4) spacious 1-bed/1-bath units and (3) large studio apartments, each with covered carport parking. Six of seven units have been fully renovated with modern finishes, dual-pane windows, and updated interiors that attract long-term tenants.
Current rents range from $1,795 – $2,350 with market potential to $2,995, providing a compelling rent-growth story and stable cash flow. At a 4.27% cap rate and $450 per SF, this asset delivers immediate returns with long-term value in one of the Peninsula’s strongest rental corridors.
• Quiet residential pocket south of Downtown San Mateo
• Near El Camino Real, Caltrain, and Hwy 101 / 280 / 92
• Close to Hillsdale Shopping Center & Bay Meadows employers
• Six of seven units renovated (turnkey condition)
• 1:1 covered parking for all units + laundry income
• Energy-efficient dual-pane windows and low-maintenance systems
• Membership to Fiesta Gardens Clubhouse and pool
Informations sur l’immeuble
| Prix | 2 066 574 € | Style d’appartement | De faible hauteur |
| Prix par lot | 295 225 € | Classe d’immeuble | C |
| Type de vente | Investissement | Surface du lot | 0,07 ha |
| Taux de capitalisation | 4,12 % | Surface de l’immeuble | 505 m² |
| Condition de vente | 1031 Exchange | Occupation moyenne | 100% |
| Nb de lots | 7 | Nb d’étages | 2 |
| Type de bien | Immeuble residentiel | Année de construction | 1958 |
| Sous-type de bien | Appartement | Ratio de stationnement | 0,12/1 000 m² |
| Zonage | R-3 | ||
| Prix | 2 066 574 € |
| Prix par lot | 295 225 € |
| Type de vente | Investissement |
| Taux de capitalisation | 4,12 % |
| Condition de vente | 1031 Exchange |
| Nb de lots | 7 |
| Type de bien | Immeuble residentiel |
| Sous-type de bien | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Surface du lot | 0,07 ha |
| Surface de l’immeuble | 505 m² |
| Occupation moyenne | 100% |
| Nb d’étages | 2 |
| Année de construction | 1958 |
| Ratio de stationnement | 0,12/1 000 m² |
| Zonage | R-3 |
Caractéristiques
Caractéristiques du lot
- Balcon
- Espace d’entreposage
Caractéristiques du site
- Club-house
- Cour
- Laverie
- Espace d’entreposage
- Transports en commun
Lot informations sur la combinaison
| Description | Nb de lots | Moy. loyer/mois | m² |
|---|---|---|---|
| Studios | 3 | - | 56 |
| 1+1 | 4 | - | 65 |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
50/100
Taxes foncières
| Numéro de parcelle | 035-331-080 | Évaluation des aménagements | 658 516 € |
| Évaluation du terrain | 871 112 € | Évaluation totale | 1 529 629 € |
Taxes foncières
Numéro de parcelle
035-331-080
Évaluation du terrain
871 112 €
Évaluation des aménagements
658 516 €
Évaluation totale
1 529 629 €
1 sur 23
Vidéos
Visite extérieure 3D Matterport
Visite 3D
Photos
Street view
Rue
Carte
1 sur 1
Présenté par
Turnkey 7-Unit Apartment – Downtown San Mateo | 518 19th Ave
Vous êtes déjà membre ? Connectez-vous
Hum, une erreur s’est produite lors de l’envoi de votre message. Veuillez réessayer.
Merci ! Votre message a été envoyé.