2760-70 Melendy DR, San Carlos, CA 94070
- $8,850,000
- 27,000
- SqFt
- List Price
- $8,850,000
- MLS#
- ML81921390
- Status
- ACTIVE
- Property Type
- com
- Sqft. of Residence
- 27,000
- Lot Size
- 39,000
- Listing Area
- Beverly Terrace Etc.
- Year Built
- 1964
Property Description
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.
Additional Information
- Acres
- 0.90
- Age
- 59
- Cooling System
- None
- Foundation
- Concrete Perimeter and Slab
- Garage Parking
- Assigned Spaces, Carport, Enclosed
- Heating System
- Gas
- Laundry Facilities
- Coin Operated
- Living Area
- 27,000
- Lot Description
- Grade - Sloped Down, Views
- Lot Size
- 39,000
- Neighborhood
- Beverly Terrace Etc.
- Other Utilities
- Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities
- Roof
- Composition
- Sewer
- Sewer - Public
- Special Features
- None
- Style
- Contemporary
- Unincorporated Yn
- Yes
- View
- Canyon View, View of City Lights, Downtown, Garden / Greenbelt
- Zoning
- R40000
Mortgage Calculator
Listing courtesy of Victor E. Borelli from Compass. 415-845-1850
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