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367 N Claremont ST San Mateo, CA 94401
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Key Details
Sold Price $1,699,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,760 sqft
Price per Sqft $615
MLS Listing ID ML81955709
Sold Date 08/20/24
Originating Board MLSListings, Inc.
Year Built 1962
Lot Size 6,400 Sqft
Property Sub-Type Fourplex
Property Description
BACK to MARKET no Fault by Seller! REDUCING PRICE to Reflect Market Interests Received for Property. APPROVED & ACTIVE INSURANCE quote from Fortega for Buyer to Adopt at $3,700 Annual. This PRIME QUADRAPLEX in Downtown San Mateo has an Excellent Unit Mix with (2) Spacious Two Bedroom/One Bathroom Units & (2) One Bedroom/One Bath Units. Units Benefit from Private Patios or Balconies, Great Floor Plans, with Many Upgrades. Buyer Legally Able to Occupy Unit(s) with 60 Day Notice to tenant(s)! Nearly 2:1 Parking Ratio, Large 6,400 Lot allowing for ADU Addition. Property is Located Just Moments from Downtown! Motivated Seller! Seller is Open to Wait for Buyer's 1031 Exchange with Strong Terms.
Location
State CA
County San Mateo
Area Eastern Addition/Downtown Area
Zoning R2
Interior
Heating Wall Furnace
Cooling None
Exterior
Parking Features Other
Garage Spaces 3.0
Utilities Available Individual Electric Meters
Roof Type Flat / Low Pitch
Building
Foundation Concrete Perimeter and Slab
Sewer Sewer - Public
Water Public
Others
Tax ID 032-203-040
Special Listing Condition Not Applicable
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Bought with Hugo De Hoyos • Intero Real Estate Services