1665 6th Avenue

Belmont, CA 94002

$4,250,000
Price
Beds
11,595 Sq. Ft.
$367 / Sq. Ft.
11,595
Sq. Ft.
$367
per Sq. Ft.

Description

The R&Z Group of Compass Commercial is pleased to bring 1665 6th Ave, Belmont CA 94002 out to the open market. 1665 6th Ave is located in Belmont CA, located halfway between San Jose and San Francisco, in San Mateo County. The property is a two-story apartment building on a 0.24-acre corner lot, and it consists of ten well-maintained units. Each story has five units with a tuck-under with ten designated parking spaces. Three of the units have been completely renovated in the last three years. Every...The R&Z Group of Compass Commercial is pleased to bring 1665 6th Ave, Belmont CA 94002 out to the open market. 1665 6th Ave is located in Belmont CA, located halfway between San Jose and San Francisco, in San Mateo County. The property is a two-story apartment building on a 0.24-acre corner lot, and it consists of ten well-maintained units. Each story has five units with a tuck-under with ten designated parking spaces. Three of the units have been completely renovated in the last three years. Every unit has a private balcony facing the northeast. This property provides its tenants with ideal amenities including designated parking, storage, and an on-site laundry room with three washers and three dryers. The unit mix is highly desirable, with (2) 2 Bed 1 Bath and (8) 1 Bed 1 Bath. The (2) 2 bed 1 bath units have an extra amenity with forced air heating. Perfectly situated four minutes away from the Belmont Caltrain station, near Interstate 280, Highway 101, Highway 92, and Highway 82, this asset is steps away from Tech Hubs such as Facebook, Oracle, Electronic Arts, Kaiser, SalesForce, Visa, and Stanford Medical. In addition, the property is less than a mile away from Downtown Belmont, featuring luxury shopping, entertainment, and high-end dining.

Listing Agents

  1. Ray Rodriguez

    Ray Rodriguez

    Listing Agent

    Compass

    DRE #01999734

  2. Tony Zizzo

    Tony Zizzo

    Alternative Listing Agent

    Compass

    DRE #01962093

    tony.zizzo@compass.com

    P: 408.772.8661

Property Details for 1665 6th Avenue

MLS City Name
BELMONT
Building Type
Other
Garage Spaces
0
Parking Spaces
0

Open Houses

Wednesday, May 22nd

10:00 AM - 11:30 AM

PublicView Details

Location

Listing Courtesy of Compass, Ray Rodriguez, DRE #01999734; Compass, Tony Zizzo, DRE #01962093
Add your commute
LISTING UPDATED: 05/14/2024 02:35 PM

Property Details for 1665 6th Avenue

StatusActive
MLS #ML81964801
Days on Compass12
Taxes$46,827 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1959
Lot Size0.24 AC / 10,332 SF
CountySan Mateo County

Location

Listing Courtesy of Compass, Ray Rodriguez, DRE #01999734; Compass, Tony Zizzo, DRE #01962093
Add your commute

Building Information for 1665 6th Avenue

Stories-Residences-Year Built1959Building Size-Lot Size0.24 AC / 10,332 SF

Payment Calculator

$27,096 per month

30 year fixed, 7.25% Interest

Principal and Interest

$23,194

Property Taxes

$3,902

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1665 6th Avenue

Features
External Links
Features
  • Fireplace: No
  • Living SqFt: 11595
  • Pool: No
  • Security Features: Other
  • Special Features: Other
Utilities
  • Cooling: Other
  • Heating: Central Forced Air, Wall Furnace
  • Meters: Master Water, Separate Common Area, Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Private
  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Water: Private / Mutual
Carport and Parking
  • Carport Min: 10
Garage
  • Garage and Parking: Assigned Spaces, Covered Parking
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 10
  • Area Text: Carlmont
  • Restrictions: None
  • Roof: Flat / Low Pitch
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 1665
  • Street Name: Sixth
  • Street Suffix: Avenue
  • Area ID: 363
Lot / Property Details
Building Information
  • Number of Buildings: 1
  • Structure SqFt: 11595
  • Structure SqFt Source: Assessor
  • Age: 65
Development Information
  • Ownership Type: Individual
  • Zoning Detail: R40000
Location Information
  • Parcel Number: 045-255-100
  • County Name: San Mateo
  • City Name: BELMONT
  • City Postal ID: 4
  • Postal Code: 94002
  • Elementary School District: 921
  • High School District Text: Sequoia Union High
Lot Information
  • Foundation: Concrete Slab, Raised
  • Lot Acres: .24
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 7
General Information
  • Annual Tax Amount: $46,827
  • Capitalization Rate: 4.71
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Rents
  • Vacancy Factor: 3
Income / Expense Details
  • Expense Insurance: $9,500
  • Expense Landscape: $2,652
  • Expense Maintenance: $6,000
  • Expense Management: $0
  • Expense Trash: $11,333
  • Expenses Other: $9,841
  • Expenses Utility: $10,933
  • Expenses Total: $97,086
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Repair, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Vacancy Factor
  • Gross Rent Multiplier: 13.88
  • Income Annual Gross: $297,053
  • Income Annual Rental: $306,240
  • Income Gross Scheduled: $306,240
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $2,695
Unit 2 Information
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 1
  • Unit 2 Rent: $2,195

Property History for 1665 6th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1665 6th Avenue

Taxable ValueLand$1,312,374Additions$3,745,736Total$5,058,110
Tax Record2023$65,571 ($5,464 / month)
Home Facts
Baths1Total Finished SqFt11,595 SqFtAbove Grade Finished SqFt11,595 SqFtStories2Lot Size10,332 SqFtStyleMulti-Family Res (5+ Units)Year Built1959ZoningR40000CountySAN MATEOAPN045-255-100

Schools near 1665 6th Avenue

This home is within Belmont-Redwood Shores Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Nesbit Elementary School
PublicK to 8

Ralston Intermediate School
Public6 to 8

Carlmont High School
Public9 to 12

Central Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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1665 6th Avenue is a multi-family home for sale in Belmont, CA 94002. This property was listed for sale on May 8, 2024 by Compass, it's currently listed at $4,250,000. It has been on the market for a total of 12 days and was last sold on March 29, 2018. This listing's school districts are Belmont-Redwood Shores Elementary School District, Sequoia Union High School District. Nearby schools include Nesbit Elementary School, Ralston Intermediate School and Carlmont High School. 1665 6th Avenue is a 0-bed, 0-bath, 11,595 sqft multi-family home built in 1959.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Ray Rodriguez, DRE #01999734; Compass, Tony Zizzo, DRE #01962093

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.