2760-70 Melendy DR

SAN CARLOS, CA, 94070

$8,850,000

$327 per ft²
$8,850,000
$327 per ft²
Active
Active
 - For Sale
carpenters-square
27,000 ft²
property_type
Commercial
calendar
Built 1964
18 huge 2-bedroom, 1.5-bath townhouse style units, many with downtown San Francisco views. 27 car parking , private decks/balconies, and well-maintained by the same family for 50+/- years. There is over 60% upside to the existing rents. This is a true, add-value property. The resident manager is retiring. He did all leasing, accounting and repairs. He is willing to stay on to train, or new owner can create their own management plan. Individual heat and meters.
MLS® ID:
ML81921390
Updated:
3/22/23

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Laundry Description
Coin Operated
Cooling
None
Heating
Gas

Exterior/Building Features

Lot Size
0.9 acres lot
Architectural Style
Contemporary
Lot Details
Grade - Sloped Down, Views
Roof
Composition
Sewer
Sewer - Public

Other Property Details

Area Name
351
Garage
Yes
Parking
Assigned Spaces, Carport, Enclosed
View
Y
County
San Mateo
Utilities
Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities
Water Source
Public
Pool
Yes
Zoning
R40000

Courtesy of Compass, Victor Borelli,
Listing Contact: 415-845-1850 

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Data last updated 4:07 PM UTC, 3/22/23

 

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