Comm Ri Multi-units 5+ For Sale
0.60 Acre - 237 Elm Street, SAN MATEO, California 94401
Property Description
237 Elm in San Mateo represents an exclusive opportunity to purchase one of the Peninsula’s premier properties that has rarely changed hands (currently the third owner in 61 years). Custom built in 1960 by a contractor whose family members lived in the building for over 37 years, 237 Elm is a trophy property that has been maintained and upgraded to the highest standards. The oversized units emanate pride of ownership and create a luxury atmosphere that is not easily replicated. Zero deferred maintenance. New roof in 2016. Excellent unit mix – Six 2BR/2BA, two 2BR/1.5BA, seven 1BR/1BA, one studio. Condo quality units. Perfectly situated between Downtown San Mateo and Downtown Burlingame, 237 Elm will continue to remain a highly desirable destination for high income, high credit tenants.
Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : ML81866972
Price : $9,500,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 0.60 Acre
Year Built : 1960
Lot Area : 0.38 Sqft
Features
Heating System : Electric
Roof : Composition Shingles
Address Map
Country : US
State : CA
County : San Mateo
City : SAN MATEO
Zipcode : 94401
Street : Elm Street
Street Number : 237
Floor Number : 0
Longitude : W123° 40' 4.7''
Latitude : N37° 34' 10.4''
MLS Addon
Office Name : Capital Realty Group
Building Type : Other
Area : Eastern Addition/Downtown Area
Address : 237 Elm Street
Directions to Property : El Camino then east on Santa In
LA1User Code : MLL157546
LA1Agent First Name : Brett
LA1Agent Last Name : Barron
Status Category : Sold
Tot # Parking Spaces : 0
Tot # of Units : 16
Zoning : R5
List $/SqFt : $0
Age : 61
Apx Lot Sq Ft : 16,740 Sqft
Type of Building : Apt Complex
Annual Taxes : $113,590
Total Deposits : $0
ALL UNITS HAVE : Dishwasher
DISABLED FEATURES : Elevator
ON-SITE PARKING DESC : Spaces - Assigned
OPERATING EXPENSES : Electric, Insurance, Maintenance/repair, Vacancy Factor, Water, Miscellaneous/other
TENANT PAYS : Electric
WATER/SEWER : Water - Public, Sewer System - Public
LAUNDRY : Coin Operated
Bus Sq Ft of Bldg : 0 Sqft
Other Loans (Y/N) : No
1st Loan Balance : $0
2nd Loan Balance : $0
Tot Other Loans : $0
Financial Data Verif(Y/N) : 3.09
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $9,500,000
Sold Price : $9,460,000
Previous Price : $0
Sale $/SqFt : $0
Gross Oper Actual Inc : 0
Annual Gross Sched Inc : 497325
Net Oper Income : 293093
Annual Mgmt Exp : 0
Annual License Exp : 0
Annual Util Exp : 30651
Other Ann Exp : 0
Tot Ann Oper Exp : 0
First Loan Payment : 0
First Balance : 0
Annual Insurance Exp : 0
INTERNET DISPLAY : 0
INTERNET SITES : 0
SA1Agent Type : 0
Gross Rent Multiplier : 19.10
Buyer Agent DRE Num. : 00893787
List Agent DRE Num. : 00893787
Filtered Address : 237 Elm ST
LA1Agent License ID : 00893787
LA1Old Agent ID : 4797
LA1NRDS_ID : 199003098
LA2Agent First Name : Michael
LA2Agent Last Name : Silva
LA2User Code : MLL5063119
LA2Old Agent ID : 290267
SA1Agent First Name : Brett
SA1Agent Last Name : Barron
SA1Agent License ID : 00893787
SA1User Code : MLL157546
SA1Old Agent ID : 4797
SA1NRDS_ID : 199003098
Annual Vacancy : 0
Gross Income : 0
Sale/Original $ : 0
Annual Exp Yr : 0
Sale $/SqFt : 0
1st - Yrs Remaining : 0
Sale/Last List $ : 0
Interest Rate : 0
Board ID : Datashare MLSListings
Assessors Parcel No : 032-196-100
Showing : Appointment Only,Do Not Disturb Occupants
SA2Agent First Name : Michael
SA2Agent Last Name : Silva
SA2Agent License ID : 01962674
SA2Old Agent ID : 290267
LO2Office Name : Capital Realty Group
SO1Office Abbreviation : MLL39616
SO1Office Name : Capital Realty Group
LO1Main Office ID : 72285
LO1Board ID : 0
LO2Office Identifier : 72285
LO2Main Office ID : 72285
SO1Office Identifier : 72285
SO1Board ID : 0
SO2Office Identifier : 72285
SO2Office Type : 0
SO2Office Name : Capital Realty Group
SO2Office State : CA
VOW Include : Yes
VOW Address : Yes
VOW Comment : Yes
VOW AVM : Yes
Status Detail : 0
Search Price : 9460000
Address Search Number : 237
Listing Agent : 246947
Listing Office : 72285
Co-List Agent : 277690
Listing Office 2 : 72285
Apprx Equity : 0
Buyer Agent 1 : 246947
Buying Office 1 : 72285
Co-Sell Agent : 277690
Buying Office 2 : 72285
Photo Count : 34
Input Date : 15/10/2021 19:16:05
Update Date : 01/12/2021 10:05:59
PhotoTimestamp : 01/12/2021 10:52:19
First Photo Add Timestamp :
List Date : 15/10/2021
Expire Date :
Pending Date : 25/10/2021
Closing Date : 30/11/2021
Status Date : 30/11/2021
Price Date :
Off Market Date : 25/10/2021
Status : Sold
HOA : No
City Transfer Tax : Yes
Off Market Status Date :
LVT Date :
DOMLS : 10
Cumulative DOMLS : 10
Unit # 4 # of Bedrooms: 1
Unit # 4 Approx. SqFt: 1005
Unit # 4 Rent: 2275
Unit # 5 # of Bedrooms: 1
Unit # 5 Approx. SqFt: 945
Unit # 5 Rent: 2200
Unit # 1 # of Bedrooms: 2
Unit # 1 Approx. SqFt: 1370
Unit # 1 Rent: 2550
Unit # 2 # of Bedrooms: 2
Unit # 2 Approx. SqFt: 1230
Unit # 2 Rent: 3195
Unit # 3 # of Bedrooms: 2
Unit # 3 Approx. SqFt: 1180
Unit # 3 Rent: 2695
