Courtesy of: Christie's International Real Estate Sereno
Year Build: 1965
Square Footage: 10,566 Sq ft
Address: 231 N Ellsworth AVE
County: San Mateo
City: San Mateo
Neighborhood: Eastern Addition/downtown Area
Prime location walking distance to downtown San Mateo. Excellent Buy and Hold Cashflow investment. Remodeled 9-unit building w/ excellent mix: five 2bdrms/1bath, two 1bdrm/1bath,and two studios. Fully occupied (all units under 1yr leases), over $313K/yr rental income. Each unit has new kitchen w SS appliances (fridge, oven/range, dishwasher, microwave/hood), new bathroom, new dual-pane windows, washer&dryer inside unit, new flooring, and mini-split AC ((upstairs units have heat & AC, downstair units (studios) have heat no AC)). New 600amp electrical panel for building, 100amp sub panel for each unit. Separate gas/electric meters for each unit. 12 parking spaces and storage closets. New front & back yards landscaped w/ turf and low maintenance plants. Walk to downtown to enjoy restaurants and shopping; central mid-Peninsula location w/ public transportation to San Francisco and Silicon Valley.