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207 7th Ave

4 Unit Apartment Building $2,325,000 ($581,250/Unit) San Mateo, CA 94401

Investment Highlights

  • Adjacent to Central Park & all the San Mateo downtown cafes, restaurants, shops etc.....
  • Quiet corner & street

Data Room Click Here to Access

Financial Summary (Pro forma - 2024)

Annual Annual Per SF
Gross Rental Income $86,280 $14.40
Other Income - -
Vacancy Loss - -
Effective Gross Income $86,280 $14.40
Taxes $7,847 $1.31
Operating Expenses - -
Total Expenses $7,847 $1.31
Net Operating Income - -

Financial Summary (Pro forma - 2024)

Gross Rental Income
Annual $86,280
Annual Per SF $14.40
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $86,280
Annual Per SF $14.40
Taxes
Annual $7,847
Annual Per SF $1.31
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $7,847
Annual Per SF $1.31
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Price $2,325,000
Price Per Unit $581,250
Sale Type Investment
Sale Conditions 1031 Exchange
No. Units 4
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low Rise
Building Class C
Lot Size 0.15 AC
Building Size 5,990 SF
No. Stories 2
Year Built 1955
Parking Ratio 0.83/1,000 SF

Unit Amenities

  • Heating
  • Refrigerator
  • Oven
  • Large Bedrooms

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 4 $2,406 1,100
Walk Score ®
Walker's Paradise (97)
Bike Score ®
Very Bikeable (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
034-194-070
Land Assessment
$1,200,000 (2023)
Improvements Assessment
$1,040,000 (2023)
Total Assessment
$2,240,000 (2023)
Annual Taxes
$7,847 ($1.31/SF)
Tax Year
2024

zoning

Zoning Code R6-D
R6-D
  • Listing ID: 34287570

  • Date on Market: 12/24/2024

  • Last Updated:

  • Address: 207 7th Ave, San Mateo, CA 94401

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