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1946 Ivy Street

San Mateo, CA 94403
  • $2,798,000
  • STATUS: Active
  • ON SITE: 21 Days
  • ID#: ML81947226
UPDATED: 34 min ago
$2,798,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1958
County:

School Ratings & Info

School District:
Listing Agent(s): Neel Bhatia of Coldwell Banker Realty ((925) 935-7100)


Description

SELLER FINANCED SALE! Ride Out the Current High Interest Rate Environment for the next Four Years and Assume a 4.25% INTEREST ONLY note with only 28% Percent Down Needed! Loan of $2,000,000 Must be Assumed and is Due on October of 2027. Strong In Place income of over $160K! Many Remodeled Units! New Commercial Water Heater, Great Tenants, 100% Occupied. 1946 Ivy Street is Located in a Prime San Mateo/Mid Peninsula Location on a Quiet Tree Lined Street Just South of Downtown. Must See to Appreciate! Seller Open to Wait for Buyer to Conduct 1031 Exchange.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-11-28T07:33:41.617. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or EQTY | Forbes Global Properties. Licensed in the State of California, USA.
www.thecharlieprice.com/homes/145050817
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1946 Ivy Street San Mateo, CA 94403

  • Price: $2,798,000
  • Status: Active
  • On Site: 21 Days
  • Updated: 34 min ago
  • ID#: ML81947226
0
Beds
0
Baths
0
½ Baths
0.13
Acres
1958
Built
Neighborhood:
699 - Not Defined
County:
San Mateo
Area:
699 - Not Defined
School District:
Other
Property Description
SELLER FINANCED SALE! Ride Out the Current High Interest Rate Environment for the next Four Years and Assume a 4.25% INTEREST ONLY note with only 28% Percent Down Needed! Loan of $2,000,000 Must be Assumed and is Due on October of 2027. Strong In Place income of over $160K! Many Remodeled Units! New Commercial Water Heater, Great Tenants, 100% Occupied. 1946 Ivy Street is Located in a Prime San Mateo/Mid Peninsula Location on a Quiet Tree Lined Street Just South of Downtown. Must See to Appreciate! Seller Open to Wait for Buyer to Conduct 1031 Exchange.
Exterior Features

Carport Spaces 6 Carport YN Yes Parking Total 0 Roof Tar/Gravel

Interior Features

Cooling None Cooling YN Yes Heating Wall Furnace Heating YN Yes

Property Features

Association Fee 0 Gross Scheduled Income 167760 Insurance Expense 3565 Listing Agreement Exclusive Right To Sell Maintenance Expense 3000 Other Expense 4894 Special Listing Conditions Standard Tax Annual Amount 31612 Trash Expense 3840 Water Source Public Zoning R3



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-11-28T07:33:41.617. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or EQTY | Forbes Global Properties. Licensed in the State of California, USA.
 
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EQTY | Forbes Global Properties
1100 Newport Center Drive, Suite 110
Newport Beach CA, 92660
Listing Agent(s): Neel Bhatia of Coldwell Banker Realty ((925) 935-7100)