1946 Ivy Street

San Mateo, CA 94403

$2,700,000

Sold Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $609 / sqft

1958

calendar_month Built

Property Description

SELLER FINANCED SALE! Ride Out the Current High Interest Rate Environment for the next Four Years and Assume a 4.25% INTEREST ONLY note with only 28% Percent Down Needed! Loan of $2,000,000 Must be Assumed and is Due on October of 2027. Strong In Place income of over $160K! Many Remodeled Units! New Commercial Water Heater, Great Tenants, 100% Occupied. 1946 Ivy Street is Located in a Prime San Mateo/Mid Peninsula Location on a Quiet Tree Lined Street Just South of Downtown. Must See to Appreciate! Seller Open to Wait for Buyer to Conduct 1031 Exchange.

Listing Information

Close Price $2,700,000
Close Date Monday, January 29th, 2024
Status Closed
MLS ML81947226
Type Commercial
Year Built 1958
Lot Size N/A
Structure Size N/A
DOM 78
Courtesy Of Coldwell Banker Realty
Listing Agent Neel Bhatia DRE#01464424

Interior Features

Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Neel Bhatia, Coldwell Banker Realty . *Based on information from the Association of REALTORS/Multiple Listing as of Jan 29th, 2024 at 11:27 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.