333 Catalpa Street is a rare opportunity to acquire a turnkey, updated and well-maintained multifamily property located in Downtown San Mateo on the highly desirable San Francisco Peninsula. The ten (10) unit apartment building, consisting of all one-bedroom-one-bathroom units. The property features ten (10) covered parking spaces, fourteen (14) private storage lockers, and a laundry facility featuring Two (2) coin-operated washers & dryers. The property has a strong historical occupancy with many great long-term Tenants (10-15+ years). Since the beginning of the COVID-19 pandemic, the property has received 100% rent collections, and has had zero vacancies. The current ownership has been invested significant capital into the proper-ty over the last 2-3 years which has proven successful based on their ability to increase rents on 100% of the units while retaining long-term tenants. 333 Catalpa is located just a 2-minute walk to the San Mateo Caltrain station in Downtown San Mateo.
MLS #
SF421528609
MLS Source
San Francisco Association of Realtors® MLS
Buyer's Brokerage Compensation*
2.00
Appliances
Garbage Disposal, Oven - Built-In, Oven - Electric, Oven - Gas
Flooring
Simulated Wood, Wood
Laundry
Coin Operated
Heating
Central Forced Air
Roof
Tar/Gravel
Foundation
Concrete Perimeter
Garage/Parking
Covered Parking, Garage: 0 Car(s)
Sewer
Public Sewer
Water
Public
HOA Fee
$0
# Buildings | # Leased Units | # Total Units |
---|---|---|
10 | – | – |
Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
---|---|---|---|---|---|---|
1 | 800 | 1 | 1/0 | $2,380 | – | – |
333 Catalpa St is a Residential Income in San Mateo, CA 94401. This 9,378 square foot property sits on a 0.25 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at – and was built in 1963.
This address can also be written as 333 Catalpa St, San Mateo, CA 94401.©2024 San Francisco Association of Realtors® MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from San Francisco Association of Realtors® MLS.
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* The offer of compensation is made subject to the MLS rules where the listing is filed. Please contact your agent for any questions concerning this subject matter.
This listing information is up-to-date as of August 22, 2022. For the most current information, please contact Marshall Ward, (415) 299-1124