530 The Alameda

    Outside Area (Inside Ca), CA 94018
    • $1,650,000
    • STATUS: Active
    • ON SITE: 10 days
    • ID#: ML81782704
    UPDATED: 52 min ago
    $1,650,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,952
      SQFT
    • $418
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1975
    County:

    School Ratings & Info

    Description

    Terrific investment property! 4 unit building with 2 two bedroom and 1 bath units and 2 studio apartments. Exterior of the building was painted in September 2019. Building has been well maintained; this should help to keep costs down. The 2 bedroom units are quite spacious at approximately 1400SF with vaulted ceilings. The studios each have a private deck. There is also a private outdoor space at the very back of the property. There are 4 inside garage spaces as well as considerable parking in the large driveway . Current rents are $6,418/month ($77,016 per year). Estimated market value rents are $9,200/month ($110,400 per year).

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-02-25T18:30:42.79. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Masters. Licensed in the State of California, USA.

    www.bestlahomefinder.com/homes/103262621

    530 The Alameda Outside Area (Inside Ca), CA 94018

    • Price: $1,650,000
    • Status: Active
    • Updated: 52 min ago
    • ID#: ML81782704
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    3,952
    SQFT
    $418
    $/SQFT
    1975
    Built
    Neighborhood:
    699 - Not Defined
    County:
    San Mateo
    Area:
    699 - Not Defined
    Property Description
    Terrific investment property! 4 unit building with 2 two bedroom and 1 bath units and 2 studio apartments. Exterior of the building was painted in September 2019. Building has been well maintained; this should help to keep costs down. The 2 bedroom units are quite spacious at approximately 1400SF with vaulted ceilings. The studios each have a private deck. There is also a private outdoor space at the very back of the property. There are 4 inside garage spaces as well as considerable parking in the large driveway . Current rents are $6,418/month ($77,016 per year). Estimated market value rents are $9,200/month ($110,400 per year).
    Exterior Features

    Carport Spaces 0.00 Foundation Details Slab Garage Spaces 4.00 Lot Features Back Yard Lot Size Source Assessor Lot Size Units Square Feet Parking Total 4.00 Roof ReflectiveRidge VentsSee RemarksCommon RoofGreen RoofBahama

    Interior Features

    Average1 Bed Area 1400 Average2 Bed Area 1400 Average3 Bed Area 550 Cooling None Cooling YN No Heating ElectricCentral Heating YN Yes

    Property Features

    Accessibility Features None Cap Rate 3.55 Gross Multiplier 21.42 Gross Scheduled Income 77016.00 Insurance Expense 2639.00 Maintenance Expense 0.00 Professional Management Expense 3840.00 Special Listing Conditions Standard Trash Expense 0.00 Zoning R20000

    Listing provided courtesy of Brian Lee of Compass


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-02-25T18:30:42.79. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Masters. Licensed in the State of California, USA.

     
    RE/MAX Masters
    475 E. Badillo Street
    Covina CA, 91723