1205 Geraldine Way,Belmont, CA 94002
Belmont, CA 94002
Description
1205 Geraldine Way (the Property) is a multifamily asset built in 1969 situated on a 0.28 acre lot and comprised of twelve (12) units. The Property features a unit mix of eleven (11) one-bedroom/one-bathroom floorplans and one (1) two-bedroom/ one-bathroom floorplan. The Property interiors have been nicely renovated as tenants moved out, and recent capital improvements include: New roof, attic insulation & new double-paned windows for improved energy efficiency and comfort, new electrical subpanels, SB 721 compliance, sewer lateral replacement, and more. The Propertys premier location in Belmont generates premium rents and strong demand from renters backed by high-tech salaries. This Property offers investors the rare opportunity to acquire an investment property in one of the most sought-after residential communities on the San Francisco Peninsula. Perfectly situated near Interstate 280, Highway 101, Highway 92, & Highway 82, this asset is just moments away from major employers such as Meta, Oracle, Electronic Arts, Salesforce, & Visa, as well as the Stanford Medicine Outpatient Center in neighboring Redwood City. In addition, the Property is within walking distance to Lunardis and Safeway and moments away from additional dining/shopping options in Downtown Belmont.
Details
| MLS # | ML82049442 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1969 |
| Days On Site | 89 |
| Listing Provided By | CBRE, Inc. | Adam Foley |
Features
| SQ Feet | 13,483 |
|---|---|
| Car Port | Yes |
| Units | 12 |
| Building(s) | 1 |
| Zoning | Multifamily |
| Acreage | 0.28 |
Interior
| Heating | Wall Furnace |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
Exterior
| Roof | Shingle |
|---|
Taxes
| Property | 71845 |
|---|
Area Information
| State | CA |
|---|---|
| County | San Mateo |
| City | Belmont |
| Zip Code | 94002 |
| Area | 699 Not Defined |
| Listing VS Median (in 94002) | |
Price: $4,850,000 low | high Med: $3,000,000 sqft: 13,483 low | high Med: 3,057 $ / sqft: $360 low | high Med: $981 On site: 89 low | high Med: 67 | |
Market Activity 94002
Request a showing
Request a showing
Contact
Learn More About This Property
| State | CA |
|---|---|
| County | San Mateo |
| City | Belmont |
| Zip Code | 94002 |
| Area | 699 Not Defined |
| Listing VS Median (in 94002) | |
Price: $4,850,000 low | high Med: $3,000,000 sqft: 13,483 low | high Med: 3,057 $ / sqft: $360 low | high Med: $981 On site: 89 low | high Med: 67 | |