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429 Studio Cir, San Mateo, CA 94401
$3,700,000
429 Studio Cir, San Mateo, CA 94401View this property at 429 Studio Cir, San Mateo, CA 94401
429 Studio CirSan MateoCA94401
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Property Description
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.
Full Property Details
Full Property Details for 429 Studio Cir
General
- Sold For: $3,700,000
- Status: Closed
- Type: Commercial Residential Facility
- MLS ID: ML81825919
- Added to Site: 1, 211 day(s) ago
Interior
- Interior Features: Other
- Flooring: Hardwood, Laminate
Rooms
Other Rooms
- Laundry: Washer / Dryer
Additional Information
- Security/Safety: None
Parking
- Garage Spaces: 2
- Parking Features: Attached Garage, Carport , Off-Street Parking
Location
- Area: Eastern Addition/Downtown Area
- County: San Mateo
Heating & Cooling
- Cooling Type: None
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Individual Electric Meters, Individual Gas Meters
- Metering: Master Water, Separate Electric, Separate Gas
Structural Information
- Foundation: Concrete Perimeter and Slab
- Roof: Composition, Shingle
- Disability Access: Parking
- Square Feet: 6,358
- Year Built: 1962
Unit Information
Unit 1
- Bedrooms: 2
Unit 2
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.1736
- Minimum Lot Size: 7564
- Building Sites: 1
- Grounds/Landscape: Back Yard, Balcony / Patio
- Zoning: R3
Disclosures and Reports
- Restrictions: None
Listed by Cornish & Carey Commercial, Steve Zirelli and Newmark Cornish & Carey, Matthew Thomson
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Schools
Schools serving 429 Studio Cir
School Districts:San Mateo Union High School District, San Mateo-Foster City Schools
Rating | Name | Grades | Distance |
---|---|---|---|
161 Clark Dr, San Mateo, CA 94402 | K-5 | 0.7 mi | |
425 Barneson Ave, San Mateo, CA 94402 | 6-8 | 2.1 mi | |
506 N Delaware St, San Mateo, CA 94401 | 9-12 | 0.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 429 Studio Cir
Date
Details
Price
Change
Source
8/10/2021
Sold
$3,700,000
-5.13%
MLS
1/15/2021
Listed
$3,900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
429 Studio Cir, San Mateo, CA 94401 (MLS# ML81825919) is a Commercial Residential Facility property that was sold at $3,700,000 on August 10, 2021. Want to learn more about 429 Studio Cir? Do you have questions about finding other Commercial Residential Facility real estate for sale in San Mateo? You can browse all San Mateo real estate or contact a Coldwell Banker agent to request more information.