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Listed by Adam S. Levin • Marcus & Millichap
$4,000,000
Est. payment /mo
3 Beds
2 Baths
8,824 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 8,824 sqft
Price per Sqft $453
MLS Listing ID ML82005082
Bedrooms 3
Full Baths 2
Year Built 1963
Lot Size 0.260 Acres
Property Sub-Type Five or More Units
Property Description
2239 & 2241 Village Ct is an exceptional 10-unit multi-family community located in the hills of Belmont, CA, one of the strongest rental markets. Situated on two contiguous parcels of land totaling 11,325 square feet, the subject property was originally constructed in 1963 and features a gross building area of approximately 8,824 square feet, offering tenants beautifully designed two-bedroom and one-bedroom floor plans. Additionally, nine out of the ten units have been remodeled within the last ten years. Tenants enjoy convenient community amenities such as private tuck-under parking and an on-site laundry facility. 2239 & 2241 Village Ct is centrally located in the heart of the Silicon Valley. Many of the nations top Tech employers are located within close proximity including Oracle, Sun Microsystems, Visa, Sony, Electronic Arts (EA), Franklin Templeton Investments as well as many others. The subject property also benefits from its close proximity to Ralston Avenue, which feeds directly into major transportation corridors such as Interstate 280, California State Route 92, California State Route 82, and U.S. Highway 101 providing easy access to all major Bay Area locations.
Location
State CA
County San Mateo
Area Belmont Woods Etc.
Zoning R4
Interior
Heating Wall Furnace
Cooling Other
Exterior
Parking Features Carport
Utilities Available Individual Electric Meters
Roof Type Flat / Low Pitch
Building
Foundation Concrete Slab
Sewer Sewer Connected
Water Public
Others
Restrictions None
Tax ID 045-022-180
Security Features Other
Special Listing Condition Not Applicable
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