1220 6th Avenue

Belmont, CA 94002

$3,561,442
Price
Beds
2,916 Sq. Ft.
$1,221 / Sq. Ft.
2,916
Sq. Ft.
$1,221
per Sq. Ft.

Description

Great opportunity for a new apartment development. 20-25 units with a 50 ft. Building heightGreat opportunity for a new apartment development. 20-25 units with a 50 ft. Building height
  1. Listed by Jack Turturici • DRE #00586147 • Brokerage DRE #00586147 • Turturici Properties • 650-868-8803

Property Details for 1220 6th Avenue

MLS City Name
BELMONT
Building Type
Other
Garage Spaces
0
Parking Spaces
5
LISTING UPDATED: 12/08/2024 04:18 AM

Property Details for 1220 6th Avenue

StatusActive
MLS #ML81979251
Days on Compass107
Taxes$38,000 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family 5+
MLS Type5+ Units / Five or More Units
Year Built1949
Lot Size0.18 AC / 7,750 SF
CountySan Mateo County

Building Information for 1220 6th Avenue

Stories-Residences-Year Built1949Building Size-Lot Size0.18 AC / 7,750 SF

Property Information for 1220 6th Avenue

Features
Features
  • Fireplace: No
  • Living SqFt: 2916
  • Pool: No
  • Security Features: None
  • Special Features: Other
Utilities
  • Cooling: None
  • Heating: Wall Furnace
  • Meters: Separate Electric, Separate Gas
  • Sewer Septic: Sewer in Street
  • Utilities: Public Utilities
  • Water: Water On Site
Carport and Parking
  • Carport Min: 2
Garage
  • Garage and Parking: Assigned Spaces
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 7
  • Area Text: Carlmont
  • Restrictions: None
  • Roof: Shingle
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 1220
  • Street Name: Sixth
  • Street Suffix: Avenue
  • Area ID: 363
Lot / Property Details
Building Information
  • Number of Buildings: 1
  • Structure SqFt: 2916
  • Structure SqFt Source: Assessor
  • Age: 75
Development Information
  • Zoning Detail: commercial
Location Information
  • Parcel Number: 045-181-090
  • 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
  • Lot Acres: .18
  • 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: $38,000
  • Capitalization Rate: 3.04
  • Tenant Expenses: Rent Only
  • Income Includes: Lease, Parking
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $6,252
  • Expense Landscape: $1,680
  • Expense Maintenance: $3,336
  • Expense Management: $9,240
  • Expense Trash: $4,260
  • Expenses Other: $0
  • Expenses Utility: $4,356
  • Expenses Total: $67,124
  • Operating Expenses Include: Fee - Property Management, Insurance, Services - Gardener, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water
  • Gross Rent Multiplier: 20.31
  • Income Annual Gross: $175,380
  • Income Annual Rental: $175,380
  • Income Gross Scheduled: $175,380
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
Unit 2 Information
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 1
Unit 3 Information
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 2
Unit 4 Information
  • Unit 4 Half Bathrooms: 1

Property History for 1220 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 1220 6th Avenue

Taxable ValueLand$166,623Additions$237,439Total$404,062
Tax Record2024$10,995 ($916 / month)
Home Facts
Baths6Total Finished SqFt2,916 SqFtAbove Grade Finished SqFt2,916 SqFtStories2Lot Size7,797 SqFtStyleMulti-Family Res (5+ Units)Year Built1949CountySAN MATEOAPN045-181-090

Schools near 1220 6th Avenue

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

Ralston Intermediate School
Public6 to 8

Carlmont High School
Public9 to 12

KIPP Esperanza High
Charter9 to 12

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.

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1220 6th Avenue is for sale in Belmont, CA 94002. This property was listed for sale on September 5, 2024 by Turturici Properties, it's currently listed at $3,561,442. This listing's school districts are Belmont-Redwood Shores Elementary School District, Sequoia Union High School District. Nearby schools include Fox Elementary School, Ralston Intermediate School and Carlmont High School. 1220 6th Avenue is a 0-bed, 0-bath, 2,916 sqft built in 1949.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Turturici Properties, Jack Turturici, DRE #00586147

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.