Sold

786 Elm Street

San Carlos CA, 94070

$8,200,000


$516.80 per sqft

Sold

15,867 sqft

Commercial

Built in 1963

RARE Opportunity....First time EVER on the market! Owners' father built this great apartment complex back in 1963 and it has been very well maintained since then. New roof in June 2017 with a white IB PVC single ply cool roof energy star title 24 compliant system installed by Bill Hamilton Roofing, Inc. at a cost of $69,000 plus another $5,500 for new gutter/downspouts. Solid and stable rental building with tenants here since 2006. Large, open and bright units with a central common courtyard and plenty of carport space in back with extra storage. Separate laundry room with 2 newer sets of washer/dryers. Walking distance to downtown Laurel St, City Center, Dog park, library, Excellent schools, public transportation, and more. Contact Broker for a disclosure package with the most recent financial statements and disclosures. For additional photos and aerial drone footage: https://www.flickr.com/gp/jyl8833/1YzX9W and http://www.786elm.com/

ML81852268

MLS ID

February 15, 2024

Updated

Map

786 Elm Street
San Carlos CA, 94070

Interior Features

Appliances

Refrigerator


Laundry Description

Coin Operated


Fireplace

No


Cooling

Yes


Cooling Description

Ceiling Fan(s)


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.45 Acres


Lot Features

Level, Regular


Roof

Rolled/Hot Mop, Other


Sewer

Public Sewer

Other Property Details

Area Name

Howard Park Etc


Garage

No


Parking

Assigned


View

Yes


View Description

Other


County

San Mateo


Water Source

Public


Pool

No


Zoning

R5

Listed by Jonathan Lee with A 2 M Real Estate
Listing Contact: 650-619-9255 

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