Sold

901 Granada ST

BELMONT CA, 94002

$6,100,000


$471.99 per sqft

Sold

12,924 sqft

Multi-family

Built in 1961

Listed by Newmark Cornish & Carey, Joel Hopman, David O'such Listing Contact: 4157222200

901 Granada Street is an attractive two-story 18-unit multifamily building located in the desirable submarket of Belmont. The property consists of (16) generously sized 1+1 units ranging from 625-670 sq. ft. and (2) Jr. 1+1 units which are approximately 450 sq. ft each. 12 of the 18 units demonstrate varying levels of upgrades such as stone countertops and shaker-style cabinetry, updated flooring, and five units have in-wall A/C units. The well-maintained property is securitized, has 1:1 carport parking with storage lockers, double-pane windows, and copper plumbing. Tenants benefit from the property's close proximity to "daily needs" retail of Downtown Belmont, Belmont Caltrain Station, highly ranked Belmont-Redwood Shores School District, Twin Pines Park, Highway 101, and the diverse employment centers of the Peninsula. Nearby leasing activity demonstrates credible rental upside potential to achieve improved financial performance.

ML81932411

MLS ID

July 17, 2023

Listed

March 9, 2024

Updated

Map

901 Granada ST
BELMONT CA, 94002

Interior Features

Interior Features

Laminate, Tile


Appliances

Washer


Floor Description

Laminate, Tile


Fireplace

No


Cooling

Yes


Cooling Description

Wall/Window Unit(s)


Heating

No

Exterior/Building Features

Lot Size

0.43 Acres


Roof

Composition, Shingle


Sewer

Public Sewer

School Information

School District

921

Other Property Details

Area Name

Homeview / Sterling Downs


Garage

No


View

No


County

San Mateo


Water Source

Public


Pool

No


Zoning

R40000


Buyer Agency Compensation

2.25%

Listed by Newmark Cornish & Carey, Joel Hopman, David O'such
Listing Contact: 4157222200 

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLS Listings, Inc. MLS system. Real estate listings held by brokerage firms other than Kalena Masching are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents.

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Data last updated 9:45 PM UTC, 3/9/2024

 

 

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