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Cheri Cerna
SOLD
$3,700,000
Date 08/10/2021

429 Studio Circle
San Mateo, CA 94401

Multi-Family
Residential
6,358
Sq. Ft.
0.1736
Acre Lot
Courtesy: Steve Zirelli - Cornish & Carey Commercial
Home> California> San Mateo> 94401
429 Studio Circle offers an investor the opportunity to acquire a fully renovated apartment property with extensive interior and exterior renovations. Studio Circle sits on a 7,564 SF lot with 6,358 SF of rentable space. The building consists of (2) two bedroom/ one bath units & (5) one bedroom/ one bath units. All units benefit from significant interior upgrades including: In-Unit Washers & Dryers, Updated Kitchens w/ new counters, cabinets, modern backsplash & appliances, renovated Baths, New LVT flooring and interior paint. Tenants enjoy private yards or balconies, extra storage space and carport parking (2 garage spaces). The property also benefits from a brand new roof and dual pane windows throughout. The current owners have spent significant capital and have achieved top of the market rents allowing a new landlord to acquire a true turnkey investment. The building is equidistant to downtown Burlingame & San Mateo & .7 miles from Washington Park and Bgame Cal Train Station.
ML81825919
Multi-Family, Other
San Mateo
1962
0.1736 Acres
Public
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Steve Zirelli - Cornish & Carey Commercial

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