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Listed by Marshall P Ward • Compass Danville • Compass
Compass
Compass
$ 12,450,000
Est. payment | /mo
43,000 Beds
34 Baths
29,077 SqFt
$ 12,450,000
Est. payment | /mo
43,000 Beds
34 Baths
29,077 SqFt
Key Details
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 29,077 sqft
Price per Sqft $428
MLS Listing ID 425016318
Bedrooms 43000
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1965
Lot Size 0.492 Acres
Property Sub-Type 5 or More Units
Property Description
Located in the exclusive Belmont Hills, 2441 Carlmont Drive is a beautifully renovated 19-unit apartment building offering a prime investment opportunity. Since 2022, the property has undergone extensive renovations, with over $1 million invested in both exterior and interior improvements. The property features 19 spacious units designed with open-concept floor plans, including 15 two-bedroom, two-bathroom units and four one-bedroom, one-bathroom units. There is also potential to convert an office space into a studio apartment with minimal capital expenditure, adding further value to this turnkey asset. The newly remodeled apartments showcase modern design and high-end finishes, including well-lit hallways, new carpeting, premium stainless steel appliances, recessed LED lighting, engineered laminate flooring, and beautifully updated kitchens and bathrooms. Kitchens now feature sleek white quartz countertops and high-end cabinetry, while select units offer in-unit washer and dryers and gas fireplaces for added convenience and comfort. In 2020, the property received a brand-new torch-down composition roof, ensuring long-term durability and reduced maintenance costs.
Location
State CA
County San Mateo
Area Belmont
Exterior
Parking Features Covered
Garage Spaces 22.0
Roof Type Composition
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Construction Status Updated/Remodeled
Schools
School District Belmont-Redwood Shores, Sequoia Union High, Belmont-Redwood Shores
Others
Special Listing Condition None
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Jolene Cortright
Partner | Lic# 1469046