16 W Bellevue Ave

San Mateo CA 94402

3856 sq. ft.

6377 sq. ft.

Duplex

Currently for sale - view listing

Overview

TRUE TROPHY FOURPLEX BORDERING HILLSBOROUGH!! The Hillsborough Apartments is an incredible opportunity to acquire a true pride of ownership property in one of the most sought after locations on the peninsula. With outstanding in-place rents, this trophy asset is a true turnkey apartment building perfect for investors, owner-occupiers, and generational family purchasers alike. Strategically positioned west of the El Camino Real, bordering the prestigious Hillsborough neighborhood, this property is a MUST SEE! Attractive Unit Mix: All four units are 2-bed, 1-bath, approximately 1,000 sf each. The property benefits from numerous recent upgrades and capital improvements. All 4 units updated with granite counters and subway tile wainscoting, crown molding, arched walkways, custom cherry cabinets, Restoration Hardware fixtures, Baldwin door knobs & deadbolts, and Leviton dimmer lights and electric plugs. New roof in 2021, new water heaters, new sewer lateral in 2019 & new sewer line and cleanout. New plumbing valves. Double-Paned windows throughout with custom plantation shutters. Energy Efficient Washer/ Dryer in each unit. Add an ADU by converting the garage parking into an additional unit or two to increase value and cash flow!

Features

3856 sq. ft. floor area

6377 sq. ft. lot size

Duplex

Property history for 16 W Bellevue Ave

2018

Sold

$3,650,000

22 Jun 2018 by Carlos Azucena, of Marcus & Millichap

2006

Sold

$1,320,000

14 Jul 2006 by Wilson Lo, of Better Homes & Gardens Real Estate / Jff

Happy sellers in San Mateo

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