Home | San Mateo County | Belmont | 94002 | 2200 Village Ct
MLS: ML82032286 | Status: | Price: $10,150,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | 24,785 | 23,160 | 1965 |
Achieve $57,000/Month in Stable Rental Income from a Diversified, 23-Tenant, High-End Apartment in an A+ Location. What a Great Way to Retire and Achieve Reliable Cashflow + Value Appreciation + Tax Advantages (Depreciation). Rarely Available 23-Unit Asset in Highly Desirable Carlmont Village. Iconic, One-of-a-Kind Property w/ Panoramic Views. Coupon-Clipper, Easy to Manage w/ Excellent Tenants and Stable Cashflow. (14) LARGE 1 BR/1 BA Units (+/- 644 to 736 SF) and (9) SPACIOUS 2 BR/1 BA Units (+/- 875 to 883 SF). All 23 Units Feature Dishwashers, w/ Potential to Add In-Unit Washer/Dryers. Covered Carport Parking Spaces, Storage for Tenants and Top-to-Bottom Elevator Access. Convert +/- 2,565 SF of Enclosed Carport w/ 9' Ceilings to (5) 1 BR/1 BA or Studio ADU's. 5 ADU's: Achieve $11,250/Month (or $135,000/Yr) in Additional Gross Rental Income. Over $500,000 Cap. Ex. Invested: Dual-Pane Windows, Roof, Copper Plumbing, 800 AMP Square D Panel. Walk Score: 80, With Walkability to Carlmont Village. Quick Access to Freeways 280 and 101. In-Place CAP Rate: 4.12% / Pro-Forma CAP Rate: 5.02%. In-Place GRM: 14.6 / Pro-Forma GRM: 12.9. CAP Rate (w/ 5 ADU's): 5.97% / GRM (w/ 5 ADU's): 11. Cost/SF: $410/SF
| Field | Value |
|---|---|
| MLS # | ML82032286 |
| MLS Source | MLSListings, Inc. |
| Days on Site | 273 |
| Feature | Details |
|---|---|
| Appliances | Dishwasher, Oven Range - Electric |
| Laundry | Coin Operated |
| Cooling | None |
| Heating | Wall Furnace |
| Feature | Details |
|---|---|
| Roof | Other |
| Foundation | Wood Frame |
| Pool | Community Facility |
| Feature | Details |
|---|---|
| Garage/Parking | Assigned Spaces, Carport, Garage: 0 Car(s) |
| Elementary District | Belmont-Redwood Shores Elementary |
| High School District | Sequoia Union High |
| Sewer | Public Sewer |
| Water | Public |
| Complex Amenities | Additional Storage, Community Pool, Elevator |
| Zoning | R40000 |
Don Sung
Colliers Parrish International, Inc.
License #: 01935797
Phone: (650) 380-5188
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 23 | 23 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 650 | 1 | 1/0 | $2,245 | $2,507 | 6 |
| 2 | 700 | 1 | 1/0 | $2,245 | $2,507 | 8 |
| 3 | 880 | 2 | 1/0 | $2,700 | $2,834 | 7 |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Carlmont High School | public | 9-12 | 0.36 mi | 10 |
| Tierra Linda Middle School | public | 6-8 | 0.45 mi | 10 |
| Mariposa Upper Elementary School | public | 4,5 | 0.45 mi | 10 |
| Cipriani Elementary School | public | K-5 | 0.84 mi | 8 |
| Ralston Intermediate School | public | 6-8 | 1.00 mi | 10 |
| Arundel Elementary School | public | K-3 | 1.15 mi | 10 |
| Central Elementary School | public | K-5 | 1.25 mi | 9 |
| Heather Elementary School | public | K-3 | 1.52 mi | 9 |
| Fox Elementary School | public | K-5 | 1.53 mi | 10 |
| Nesbit Elementary School | public | K-8 | 1.57 mi | 6 |
| Abbott Middle School | public | 6-8 | 1.73 mi | 4 |
| Laurel Elementary School | public | K-5 | 1.78 mi | 3 |
| Brittan Acres Elementary School | public | K-3 | 1.79 mi | 10 |
| Central Middle School | public | 6-8 | 1.90 mi | 10 |
| Hillsdale High School | public | 9-12 | 1.94 mi | 9 |
| Arroyo School | public | 4,5 | 1.95 mi | 9 |
| George Hall Elementary School | public | K-5 | 2.00 mi | 9 |
| San Mateo County Special Education School | public | K-12 | 2.10 mi | N/A |
| San Mateo County Rop School | public | 11-12 | 2.10 mi | N/A |
| Gateway Center | public | 6-12 | 2.16 mi | N/A |
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This listing information is up-to-date as of January 23, 2026. For the most current information, please contact Don Sung, (650) 380-5188.