Turnkey 14-Unit Multifamily in Prime Belmont Location
Exceptional investment opportunity in the heart of Belmont featuring a well-maintained 14-unit building with a desirable mix of (4) 2BD/1BA and (10) 2BD/2BA units. Most units have been recently renovated with luxury vinyl plank flooring, quartz countertops, stainless steel appliances, modern baths, and in-unit laundry. Each unit includes a private patio or deck. Community amenities include covered and off-street parking, a heated swimming pool, and shared laundry facilities. Recent 2024 electrical upgrades include a new main service and subpanels. Ideally located near Ralston Avenue with easy access to Hwy 101, I-280, and major Peninsula employers. A stabilized asset with strong current income and future upside in a high-demand rental market.
Sold for $6,750,000
$6,750,000
Carlmont Dr, Belmont, CA 94002
4beds
3baths
19,375sqft
Five Or More Units, Residential Income
Built in 1961
-- sqft lot
$7,028,800 Zestimate®
$348/sqft
$4,411 Estimated rent
Home value
$7,028,800
$6.40M - $7.73M
$4,411/mo
Zestimate® history
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$4,411/mo
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$4,411/mo
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$42,397/mo
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$42,397/mo
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List your homeWhat's special
Heated swimming poolPrivate patio or deckModern bathsQuartz countertopsStainless steel appliancesIn-unit laundryCovered and off-street parking
Zillow last checked:
Listing updated:
Listed by:
Mark Campana 01120251 415-205-4370,
Anchor Realty 415-621-2700
Bought with:
Mark Campana, 01120251
Anchor Realty
Source: MLSListings Inc,MLS#: ML82014995
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Heating
- Forced Air, Gas
Cooling
- Ceiling Fan(s)
Appliances
- Included: Washer/Dryer Some Units
Features
- Flooring: Carpet, Laminate, Vinyl Linoleum
- Doors: Other
Interior area
- Total structure area: 19,375
- Total interior livable area: 19,375 sqft
Property
Parking
- Total spaces: 7
- Parking features: Covered, Off Street
- Has carport: Yes
Accessibility
- Accessibility features: Other
Lot
- Size: 0.64 Acres
Details
- Parcel number: 045013170
- Zoning: R30000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Five Or More Units, Residential Income
Materials
- Foundation: Concrete Perimeter
- Roof: Shingle, Bitumen
Condition
- Year built: 1961
Utilities & green energy
- Gas: PublicUtilities
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public Utilities, Water Public
Community & HOA
Location
- Region: Belmont
Financial & listing details
- Price per square foot: $348/sqft
- Date on market: 7/17/2025
- Listing agreement: ExclusiveRightToSell
- Inclusions: OvenRangeAllUnits
- Lease term: Month To Month
Price history
| Date | Event | Price |
|---|---|---|
| 10/6/2025 | Sold | $6,750,000-9.9%$348/sqft |
Source:  MLSListings Inc #ML82014995 Report a problem | ||
| 8/7/2025 | Pending sale | $7,495,000$387/sqft |
Source: MLSListings Inc #ML82014995 Report a problem | ||
| 7/17/2025 | Listed for sale | $7,495,000$387/sqft |
Source: MLSListings Inc #ML82014995 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Central
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Nearby schools
GreatSchools rating
- 9/10Central Elementary SchoolGrades: K-5Distance: 0.7 mi
- 10/10Ralston Intermediate SchoolGrades: 6-8Distance: 1.1 mi
- 10/10Carlmont High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- Middle: RalstonIntermediate
- High: CarlmontHigh
- District: BelmontRedwoodShoresElementary
Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$7,028,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$7,028,800
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