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$1,650,000
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Property Description
Big price reduction! Great value!! 45 East 40th Ave is a 5 unit building that is in close proximity to renowned Hillsdale shopping center which adds to this investment opportunity. Big units and lots of open space for all tenants. Units 1,2,3 have private garages and units 4 & 5 have large carports. Units 4 and 5 have large backyards. Units 1&3 have large patio's and unit 2 has large deck area off entry. All five units have their own electric meters plus house meter. Units separately metered for water as all have their own water meter was well as hot water heaters. 4 Gas meters so 2 units share. Contact your realtor as we have 3 tours dates to view all units.
Full Property Details
Full Property Details for 45 E 40th Ave
General
- Sold For: $1,650,000
- Status: Closed
- Type: Commercial Residential Facility
- Source: RE_Infolink
- MLS ID: ML81931687
- Added to Site: 951 day(s) ago
Interior
- Flooring: Carpet, Vinyl / Linoleum
Rooms
Other Rooms
- Kitchen: Oven/Range, Refrigerator
- Laundry: Coin-Operated
Additional Information
- Security/Safety: None
Parking
- Garage Spaces: 3
- Parking Features: Attached Garage, Carport , Covered Parking
Location
- Area: San Mateo Village/Glendale Village
- County: San Mateo
- Cross Streets: Pacific
Heating & Cooling
- Cooling Type: None
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Public Utilities
- Metering: Separate Common Area, Separate Gas, Separate Water
Structural Information
- Architectural Style: Other
- Construction: Wood Frame
- Foundation: Concrete Slab
- Roof: Composition, Other
- Disability Access: None
- Square Feet: 4,188
- Year Built: 1937
Unit Information
Unit 1
- Square Feet: 885
- Bedrooms: 1
Unit 2
- Square Feet: 2200
- Bedrooms: 3
Unit 3
- Square Feet: 575
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.2806
- Minimum Lot Size: 12225
- Building Sites: 1
- Grounds/Landscape: Back Yard, Balcony / Patio, BBQ Area, Porch - Enclosed
- Zoning: R-3
- Lot Description: Level
Disclosures and Reports
- Restrictions: None
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Schools
Schools serving 45 E 40th Ave
School Districts:San Mateo-Foster City Elementary School District, San Mateo Union High School District
| Name | Grades | Distance |
|---|---|---|
George Hall Elementary School 130 San Miguel Way, San Mateo, CA 94403 | K-5 | 0.3 mi |
Abbott Middle School 600 36th Avenue, San Mateo, CA 94403 | 6-8 | 1 mi |
Hillsdale High School 3115 Del Monte Street, San Mateo, CA 94403 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 45 E 40th Ave
Date
Details
Price
Change
Source
8/08/2023
Sold
$1,650,000
-10.28%
MLS
7/05/2023
Price Reduced
$1,839,000
-7.96%
MLS
6/13/2023
Listed
$1,998,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
45 E 40th Ave, San Mateo, CA 94403 (MLS# ML81931687) is a Commercial Residential Facility property that was sold at $1,650,000 on August 08, 2023. This property was listed by Wayne Gomes from our Burlingame Office.Want to learn more about 45 E 40th Ave? 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.



