Sold

22 E 20th Avenue

San Mateo CA, 94403

$7,660,000


$552.59 per sqft

Sold

13,862 sqft

Commercial

Built in 1972

**Marketing Package and Due Diligence Available Upon Request** 22 E 20th Avenue offers fourteen (14) exceptionally large one-bed, one-bath units and one non-conforming studio unit which can be utilized for its current income or as an Airbnb unit. The units have received extensive capital improvements and include hardwood flooring, new granite counter tops, cabinetry, appliances, recessed lighting and more. To further add to their high-quality condition, the units boast recessed lighting throughout, spacious living rooms and large bedrooms. The subject property is walking distance to Caltran and social amenities as well as being within close driving proximity to large tech employers such as Google and Facebook and a short 1.5 mile drive to downtown San Mateo. NOTES: 1) Attractive in place financing to be assumed by buyer (3.53% interest with 5 years remaining), 2) 15 apartment units (14 legal units + 1 nonconforming).

ML81710527

MLS ID

March 15, 2024

Updated

Map

22 E 20th Avenue
San Mateo CA, 94403

Interior Features

Interior Features

Updated Baths, Updated Kitchen


Appliances

Dishwasher


Laundry Description

Coin Operated


Floor Description

Laminate


Fireplace

No


Cooling

Yes


Cooling Description

Ceiling Fan(s), Other


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.33 Acres


Roof

Other

Other Property Details

Area Name

San Mateo


Garage

No


View

No


County

San Mateo


Pool

No


Zoning

R4

Listed by Fred Rubio with Marcus & Millichap
Listing Contact: 408-314-3009 

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