1205 Geraldine Way, Belmont, CA 94002
List Price: $4.85M
Listing Status: Active
0Days on Market: 0
0 Bedrooms · 0 Bathrooms
Property Type: CommercialSale
Year Built: 1969
Lot Size: 12,000 sq ft
Annual Property Tax: $71,845
MLS Number: ML82049442
About This Property
1205 Geraldine Way (the Property) is a multifamily asset built in 1969 situated on a 0.28 acre lot and comprised of twelve (12) units. The Property features a unit mix of eleven (11) one-bedroom/one-bathroom floorplans and one (1) two-bedroom/ one-bathroom floorplan. The Property interiors have been nicely renovated as tenants moved out, and recent capital improvements include: New roof, attic insulation & new double-paned windows for improved energy efficiency and comfort, new electrical subpanels, SB 721 compliance, sewer lateral replacement, and more. The Propertys premier location in Belmont generates premium rents and strong demand from renters backed by high-tech salaries. This Property offers investors the rare opportunity to acquire an investment property in one of the most sought-after residential communities on the San Francisco Peninsula. Perfectly situated near Interstate 280, Highway 101, Highway 92, & Highway 82, this asset is just moments away from major employers such as Meta, Oracle, Electronic Arts, Salesforce, & Visa, as well as the Stanford Medicine Outpatient Center in neighboring Redwood City. In addition, the Property is within walking distance to Lunardis and Safeway and moments away from additional dining/shopping options in Downtown Belmont.
Listing provided by: Adam Foley DRE #02144332 4084537400 adam.foley@cbre.com, CBRE, Inc.
Source: CRMLS, MLS #: ML82049442
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.