1946 Ivy Street, San Mateo, CA 94403

Photo 1

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.


Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Interior Information
Cooling Type None

Listing Information

Address 1946 Ivy Street
City San Mateo
State CA
Zip 94403
County San Mateo
Listing Agent Neel Bhatia DRE #01464424
Courtesy Of Coldwell Banker Realty
Close Price $2,700,000
Status Closed
Type Commercial
Structure Size N/A
Lot Size N/A
Year Built 1958

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.