This rare investment opportunity offers a turnkey, updated and well-maintained multifamily complex situated west of El Camino Real on the highly desirable San Francisco Peninsula. Located at the corner of 28th Avenue and Flores Street in San Mateo, California, this fully occupied investment property is only a few blocks from the newly remodeled Hillsdale Shopping Center and Peninsula Caltrain station. In addition, due to the restructuring of the Bay Meadows site, many top employers have moved in and are now within walking distance of subject property, such as Guidewire, SurveyMonkey, and Upstart. This location is hard to beat with countless nearby dining, entertainment and shopping opportunities along with access to public transportation, as well as being only a 15-minute drive to the San Francisco international Airport. This 12-unit apartment complex was built in 1957 and has not been marketed for sale for 30 years.
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Listing Agent: Russ Panowicz | Agent phone: 650-302-4249
Listing Office: Marcus & Millichap