2130 Valerga Dr

Belmont, CA 94002

$6,000,000
Last Sold Price
—
Beds
—
Baths
12,013 Sq. Ft.
$499 / Sq. Ft.
12,013
Sq. Ft.
$499
per Sq. Ft.
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Sold 6/23/17
Sold 6/23/17

Description

Full 2017 exterior renovation, brand new roof in december 2015, & 5 of 12 interiors fully renovated! 2130 Valerga Drive consists of (12) spacious units, and offers a unit mix of (2) 2-bedroom/ 1-bath units, (8) 1-bedroom/1-bath units, and (2) studios. Recent renovations to 5 of the units include fresh paint, quartz countertops, new cabinetry, and stainless steel appliances. Bathrooms have new tile flooring, new toilets, granite vanities, and all fixtures have been replaced with modern stainless steel...Full 2017 exterior renovation, brand new roof in december 2015, & 5 of 12 interiors fully renovated! 2130 Valerga Drive consists of (12) spacious units, and offers a unit mix of (2) 2-bedroom/ 1-bath units, (8) 1-bedroom/1-bath units, and (2) studios. Recent renovations to 5 of the units include fresh paint, quartz countertops, new cabinetry, and stainless steel appliances. Bathrooms have new tile flooring, new toilets, granite vanities, and all fixtures have been replaced with modern stainless steel fixtures. Each unit has new dark hardwood flooring in the living/dining rooms, that is juxtaposed with a light gray hardwood in the kitchens and bathrooms. In addition, recent renovations to the exterior of the property include a complete resurfacing of the common area flooring, refinishing of the existing stucco on various areas of the property, new roof, and a brand new modern/ vibrant paint job throughout the entire property. - The seven (7) unrenovated units show great!

Listing Agents

  1. Nate Gustavson

    Nate Gustavson

    Listing Agent

    Compass

    DRE #01898316

    CallTextEmail
  2. Ray Rodriguez

    Ray Rodriguez

    Alternative Listing Agent

    Compass

    DRE #01999734

    ray.rodriguez@compass.com

    P: (626)-483-5136

    CallTextEmail

Property Details for 2130 Valerga Drive

MLS City Name
BELMONT
Building Type
Other
Garage Spaces
4
Parking Spaces
0
Cross Street
Geraldine Way
LISTING UPDATED: 06/24/2017 01:08 PM

Property Details for 2130 Valerga Drive

StatusSold
MLS #ML81643427
Days on Compass55
Taxes$66,326 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family 5+
MLS Type5+ Units / Five or More Units
Year Built1962
Lot Size0.24 AC / 10,500 SF
CountySan Mateo County
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Location

Listing Courtesy of Marcus & Millichap, Nate Gustavson, DRE #01898316; Marcus & Millichap, Ray Rodriguez, DRE #01999734

Sold By Better Homes and Gardens Real Estate J.F. Finnegan, Nev. Batliwalla, DRE #01090575

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Building Information for 2130 Valerga Drive

Stories-Residences-Year Built1962Building Size-Lot Size0.24 AC / 10,500 SF

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$34,770 per month

30 year fixed, 6.15% Interest

Principal and Interest

$29,243

Property Taxes

$5,527

HOA Dues

$0

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Property Information for 2130 Valerga Drive

Features
Room Information
  • Kitchen: Appliances - Vary by Unit, Countertop - Granite, Dishwasher, Oven - Built-In, Refrigerator
Features
  • Fireplace: No
  • Laundry: Coin Operated
  • Living SqFt: 12013
  • Pool: No
  • Security Features: Other
  • Special Features: Parking
Utilities
  • Cooling: Other
  • Heating: Wall Furnace
  • Meters: Master Water, Separate Electric, Separate Gas
  • Sewer Septic: Sewer Connected
  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Water: Public
Carport and Parking
  • Carport Min: 10
Garage
  • Garage and Parking: Carport, Covered Parking, On Street
Property Details
Homeowners Association
  • HOA Amenities: BBQ Area
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 12
  • Area Text: Belmont Woods Etc.
  • Restrictions: None
  • Roof: Composition
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 2130
  • Street Name: Valerga
  • Street Suffix: Drive
  • Area ID: 360
Lot / Property Details
Building Information
  • Number of Buildings: 1
  • Structure SqFt: 12013
  • Structure SqFt Source: Assessor
  • Age: 55
Development Information
  • Ownership Type: Individual
  • Zoning Detail: R4-Mult. Fam. Res
Location Information
  • City Limits: Yes
  • Incorporated: Yes
  • Parcel Number: 045-061-110
  • County Name: San Mateo
  • City Name: BELMONT
  • City Postal ID: 4
  • Postal Code: 94002
  • Elementary School: 618
  • Elementary School District: 921
  • Middle School Text: Ralston Intermediate
  • High School District Text: Sequoia Union High
  • High School Text: Carlmont High
Lot Information
  • Foundation: Concrete Perimeter
  • Lot Acres: .24
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
  • Yard Grounds: BBQ Area
Multi Family Information
Building Information
  • No Of Leased: 10
General Information
  • Annual Tax Amount: $66,326
  • Capitalization Rate: 3.73
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Laundry
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $3,172
  • Expense Landscape: $2,640
  • Expense Maintenance: $4,800
  • Expense Management: $0
  • Expense Trash: $4,616
  • Expenses Other: $2,160
  • Expenses Utility: $12,060
  • Expenses Total: $95,774
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Repair, Services - Gardener, Utilities
  • Gross Rent Multiplier: 18.86
  • Income Annual Gross: $323,256
  • Income Annual Rental: $321,096
  • Income Gross Scheduled: $323,256
  • Income Other: $2,160
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $2,365
Unit 2 Information
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 1
  • Unit 2 Rent: $1,900
Unit 3 Information
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 0
  • Unit 3 Rent: $1,695

Property History for 2130 Valerga Drive

DateEvent & SourcePriceAppreciation
Jun 23, 2017

Sold

MLSListings #ML81643427

$6,000,000—
Jun 23, 2017

Sold

EBRD #ML81643427

$6,000,000—
Jun 19, 2017

Sold (Public Record)

Public Record #602037600

$6,000,000

+20.8% / yr

May 16, 2017

Pending

EBRD #ML81643427

—
May 16, 2017

Pending

MLSListings #ML81643427

—
Mar 22, 2017

Listed (Active)

EBRD #ML81643427

$6,095,000—
Mar 22, 2017

Listed (Active)

MLSListings #ML81643427

$6,095,000—
May 11, 2016

Sold (Public Record)

Public Record #572732409

$4,870,000

+8.3% / yr

Apr 30, 1998

Sold (Public Record)

Public Record #45034443

$1,162,500—
DateEvent & SourcePrice
06/23/2017

Sold

MLSListings #ML81643427

$6,000,000
06/23/2017

Sold

EBRD #ML81643427

$6,000,000
06/19/2017

Sold (Public Record)

Public Record #602037600

$6,000,000

+20.8% / yr

05/16/2017

Pending

EBRD #ML81643427

—
05/16/2017

Pending

MLSListings #ML81643427

—
03/22/2017

Listed (Active)

EBRD #ML81643427

$6,095,000
03/22/2017

Listed (Active)

MLSListings #ML81643427

$6,095,000
05/11/2016

Sold (Public Record)

Public Record #572732409

$4,870,000

+8.3% / yr

04/30/1998

Sold (Public Record)

Public Record #45034443

$1,162,500

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

Public Records for 2130 Valerga Drive

Taxable ValueLand$2,048,091Additions$4,778,880Total$6,826,971
Tax Record2024$87,731 ($7,311 / month)
Home Facts
Baths1Total Finished SqFt12,013 SqFtAbove Grade Finished SqFt12,013 SqFtStories2Lot Size12,514 SqFtStyleMulti-Family Res (5+ Units)Year Built1962CountySAN MATEOAPN045-061-110

Schools near 2130 Valerga Drive

This home is within Sequoia Union High School District.
Rating
School
Type
Grades
Distance
Cipriani Elementary School
Public - K to 5
Ralston Intermediate School
Public - 6 to 8
Carlmont High School
Public - 9 to 12
Central Elementary School
Public - K to 5
Rating
School
Distance
Cipriani Elementary School
PublicK to 5

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.

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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, Inc., its subsidiaries, affiliates and their agents and associated third parties 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 Marcus & Millichap, Nate Gustavson, DRE #01898316; Marcus & Millichap, Ray Rodriguez, DRE #01999734

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.