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$4,850,000 Just Listed
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Property Description
1205 Geraldine Way (the Property) is a multifamily asset built in 1969 situated on a 0.28 acre lot and comprised of twelve (12) units. The Property features a unit mix of eleven (11) one-bedroom/one-bathroom floorplans and one (1) two-bedroom/ one-bathroom floorplan. The Property interiors have been nicely renovated as tenants moved out, and recent capital improvements include: New roof, attic insulation & new double-paned windows for improved energy efficiency and comfort, new electrical subpanels, SB 721 compliance, sewer lateral replacement, and more. The Propertys premier location in Belmont generates premium rents and strong demand from renters backed by high-tech salaries. This Property offers investors the rare opportunity to acquire an investment property in one of the most sought-after residential communities on the San Francisco Peninsula. Perfectly situated near Interstate 280, Highway 101, Highway 92, & Highway 82, this asset is just moments away from major employers such as Meta, Oracle, Electronic Arts, Salesforce, & Visa, as well as the Stanford Medicine Outpatient Center in neighboring Redwood City. In addition, the Property is within walking distance to Lunardis and Safeway and moments away from additional dining/shopping options in Downtown Belmont.
Full Property Details
Full Property Details for 1205 Geraldine Way
General
- Price: $4,850,000
- Status: Active
- Type: Commercial Residential Facility
- Source: RE_Infolink
- MLS ID: ML82049442
- Updated: Today (6/2/2026)
- Added to Site: Today
Interior
- Flooring: Laminate, Tile
Rooms
Other Rooms
- Laundry: Coin-Operated
Additional Information
- Security/Safety: None
Parking
- Parking Features: Assigned Spaces, Carport
Location
- Area: Belmont Woods Etc.
- County: San Mateo
Heating & Cooling
- Cooling Type: Ceiling Fan
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Individual Electric Meters, Individual Gas Meters
- Metering: Separate Electric, Separate Gas
Structural Information
- Foundation: Concrete Slab
- Roof: Shingle
- Disability Access: None
- Square Feet: 13,483
- Year Built: 1969
Unit Information
Unit 1
- Square Feet: 616
- Bedrooms: 1
Unit 2
- Square Feet: 790
- Bedrooms: 2
Lot Features
- Minimum Lot Size: 12000
- Building Sites: 1
- Zoning: Multifamily
Disclosures and Reports
- Restrictions: None
Listed by CBRE, Inc., Adam Foley
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Price & Sales History for 1205 Geraldine Way
Date
Details
Price
Change
Source
6/02/2026
Listed
$4,850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1205 Geraldine Way
Year
Property Taxes
Change
Tax Assessment
Change
2025
$72,080
6%
$4,870,943
2%
2024
$68,270
68%
$4,775,435
99%
2023
$40,710
-3%
$2,403,417
2%
2022
$41,968
3%
$2,356,293
2%
2021
$40,557
4%
$2,310,093
1%
2020
$38,939
3%
$2,286,407
2%
2019
$37,796
4%
$2,241,578
2%
2018
$36,511
4%
$2,197,627
2%
2017
$35,031
4%
$2,154,539
2%
2016
$33,672
—
$2,112,295
2%
2015
$33,634
68%
$2,080,568
121%
2014
$20,077
—
$942,349
—
2013
$19,993
—
$938,091
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1205 Geraldine Way
1205 Geraldine Way, Belmont, CA 94002 (MLS# ML82049442) is a Commercial Residential Facility property. 1205 Geraldine Way is currently listed for $4,850,000 and was received on June 02, 2026. Want to learn more about 1205 Geraldine Way? Do you have questions about finding other Commercial Residential Facility real estate for sale in Belmont? You can browse all Belmont real estate or contact a Coldwell Banker agent to request more information.

