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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519
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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