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
June 20, 2023
Listed
October 1, 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
Listed by Newmark Cornish & Carey, Joel Hopman, David O'such
Listing Contact: 4157222200
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Data last updated 7:09 PM UTC, 10/1/2024