2916 Curtis Avenue offers a rare opportunity to acquire a well located four unit apartment building in one of the Peninsulas most consistently strong rental markets with an option to convert the garage into an ADU that could bring $4200 per month in additional income. The property features three 2 bedroom, 1 bath units and one 1 bedroom, 1 bath unit, providing a balanced mix of floor plans that appeal to a wide range of tenants that supports stable occupancy. The property has recently undergone a significant amount of capital improvements including
Roof upgrade, sealed with silicone layers |
New washer dryer in laundry room with PayRange digital payment system |
New 75 gallon, triple braced hot water heater |
Fresh paint on building exterior, garage interior |
New windows |
New electrical panels, moved to hallways from bedroom closets |
Raised height of balcony walkway railings to 42 inches, closed off openings, and added handrails |
New carpet in units two, three, and four |
Crawlspace cleaned out and emptied |
As-built existing and proposed four bedroom garage conversion ADU accessory dwellings unit drawings made.
These upgrades make the property especially appealing to an investor seeking a low maintenance, easy to manage asset
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Zillow last checked:
Listing updated:
Listed by:
Fred Rubio01984041408-314-3009,
Marcus & Millichap650-391-1700
Source: MLSListings Inc,MLS#: ML82055075
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 7
Bathrooms: 4
Heating
Electric
Cooling
Ceiling Fan(s)
Features
Doors: Other
Interior area
Total structure area: 4,292
Total interior livable area: 4,292 sqft
Property
Parking
Total spaces: 4
Parking features: Assigned, Attached
Garage spaces: 4
Has carport: Yes
Accessibility
Accessibility features: Other
Features
Stories: 2
Lot
Size: 5,000 Square Feet
Details
Parcel number: 054203080
Zoning: R300S5
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Property subtype: Quadruplex, Residential Income
Materials
Foundation: Concrete Perimeter and Slab
Roof: Flat
Condition
Year built: 1971
Utilities & green energy
Gas: IndividualGasMeters
Utilities for property: Individual Electric Meters, Individual Gas Meters
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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