Property Details
About this Property
SELLER MAY CARRY THE FIRST LOAN! Fantastic "Add-Value" investment. 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 Listing Information
MLS #
ML81921390
MLS Source
MLSListings, Inc.
Days on Site
88
Buyer's Brokerage Compensation*
1.75
Interior Features
Laundry
Coin Operated
Cooling
None
Heating
Gas
Exterior Features
Roof
Composition
Foundation
Concrete Perimeter and Slab
Style
Contemporary
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, Carport, Enclosed, Garage: 0 Car(s)
Elementary District
San Carlos Elementary
High School District
Sequoia Union High
Sewer
Public Sewer
Water
Public
Zoning
R40000
Nearby Homes for Sale
2760-70 Melendy Dr is a Residential Income in San Carlos, CA 94070. This 27,000 square foot property sits on a 0.895 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $8,850,000 and was built in 1964. This address can also be written as 2760-70 Melendy Dr, San Carlos, CA 94070.
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* The offer of compensation is made subject to the MLS rules where the listing is filed. Please contact your agent for any questions concerning this subject matter.
This listing information is up-to-date as of May 28, 2023. For the most current information, please contact Victor E. Borelli, (415) 845-1850
