1950 Ivy ST, San Mateo, CA 94403

Property Information
  • MLS: ML81984484
  • Type: 701
  • Interior: 4,428
  • Lot Size: 5,700
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Solid 6 Unit Offering in PRIME San Mateo Location! Property Benefits from Newly Remodeled Unit Featuring New Kitchen & Bath, Newer Double Pane Windows, Newer Electrical Panels, Individual Carport Parking, Individual Gas & Electric Meters, Newer Sewer Line to Street, and On Site Laundry for Additional Income! IDENTICAL property next door, 1950 Ivy Street, just sold this year/2024 for Sale Price of $2,700,000. Seller is Motivated to Sell to Conduct 1031 Exchange. 1950 Ivy Street consists of (5) 1bed/1bth Units & (1) 2bed/1bth Unit with $154K+ in Current In Place Income with the Ability to Increase rents by up to 9% After Close of Escrow! Must See to Appreciate!
  • MLS: ML81984484
  • Type: 701
  • Listed: 10/22/2024
  • Schools: GS Dist: San Mateo-Foster City Elementary District
    HS Dist: San Mateo Union High District
  • Year Built: 1958
  • Foundation
    • Concrete Perimeter and Slab
  • Garage Parking Features
    • Assigned Spaces
  • General Features
    • Cooling: None
    • Heating: Wall Furnace
    • Roof: Tar and Gravel
    • Sewer Septic: Sewer - Public
    • Subclass: 701
    • Water: Public

Courtesy of Neel Bhatia, Coldwell Banker Realty

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