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Key Details
Sold Price $1,800,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,004 sqft
Price per Sqft $599
MLS Listing ID ML81980812
Sold Date 11/01/24
HOA Y/N No
Year Built 1952
Annual Tax Amount $20,656
Lot Size 5,000 Sqft
Property Description
1433 Jasmine St is a stunning 4-unit apartment community located in the thriving city of San Mateo, California. Situated on a 5,000 square foot parcel of land, the subject property was originally constructed in 1952 and has a gross building area of approximately 3,004 square feet, offering its tenants beautifully designed one-bedroom floor plans. San Mateo is strategically located between San Francisco and San Jose. The city is well situated and offers an ideal climate in a robust and successful community and region. San Mateo offers a vibrant business and retail environment with several major shopping centers and an active downtown area. Many notable attractions in the city include the many street retailers lined along North El Camino Real, the popular Hillsdale Shopping Center, and San Mateo Medical Center. The investment appeal of this asset is driven by San Mateo's strong employment fundamentals and low vacancy levels. With a world-class location in the heart of the Peninsula, 1433 Jasmine St presents an attractive choice for investors due to its close proximity to major employers, transportation corridors, shopping, dining and entertainment options.
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning C20001
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Garage Carport
Carport Spaces 4
View Y/N No
Roof Type Flat
Accessibility Other
Parking Type Carport
Building
Story 2
Foundation Concrete Perimeter
Water Public
Schools
School District Other
Others
Tax ID 034413180
Financing Cash
Special Listing Condition Standard
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Bought with Jessica Tomasetti • Marcus & Millichap
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Tracy Thrower Conyers
Broker Associate, JD | License ID: 01712960
Broker Associate, JD License ID: 01712960