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.
Sold for $1,650,000
$1,650,000
E 40th Ave, San Mateo, CA 94403
5beds
3baths
4,188sqft
Five Or More Units, Residential Income
Built in 1937
-- sqft lot
$2,058,000 Zestimate®
$394/sqft
$5,184 Estimated rent
Home value
$2,058,000
$1.79M - $2.37M
$5,184/mo
Zestimate® history
Owner options
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$5,184/mo
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$5,184/mo
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$10,515/mo
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List your homeWhat's special
Large carportsBig unitsLarge backyardsLarge deck areaPrivate garages
Zillow last checked:
Listing updated:
Listed by:
Wayne Gomes 00673914 650-619-5399,
Coldwell Banker Realty 650-558-4200,
Colette Gomes-Gardella 02207570 650-922-9162
Bought with:
John Sayage, 02068974
Compass
Norma Sayage, 00823440
Compass
Source: MLSListings Inc,MLS#: ML81931687
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Electric, Wall Furnace
Cooling
- None
Appliances
- Included: Oven/Range
- Laundry: Coin Operated
Features
- Flooring: Carpet, Vinyl Linoleum
- Doors: None
Interior area
- Total structure area: 4,188
- Total interior livable area: 4,188 sqft
Property
Parking
- Total spaces: 3
- Parking features: Attached, Carport, Covered
- Garage spaces: 3
- Has carport: Yes
Accessibility
- Accessibility features: None
Lot
- Size: 0.28 Acres
- Features: Level
Details
- Parcel number: 040072130
- Zoning: R-3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Five Or More Units, Residential Income
Materials
- Foundation: Slab
- Roof: Composition, Other
Condition
- Year built: 1937
Utilities & green energy
- Gas: PublicUtilities
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public Utilities, Water Public
Community & HOA
Location
- Region: San Mateo
Financial & listing details
- Price per square foot: $394/sqft
- Date on market: 6/13/2023
- Listing agreement: ExclusiveRightToSell
- Inclusions: OvenRangeAllUnits
- Lease term: Month To Month
Price history
| Date | Event | Price |
|---|---|---|
| 8/8/2023 | Sold | $1,650,000-10.3%$394/sqft |
Source:  MLSListings Inc #ML81931687 Report a problem | ||
| 7/17/2023 | Pending sale | $1,839,000$439/sqft |
Source: MLSListings Inc #ML81931687 Report a problem | ||
| 7/5/2023 | Price change | $1,839,000-8%$439/sqft |
Source: MLSListings Inc #ML81931687 Report a problem | ||
| 6/13/2023 | Listed for sale | $1,998,000$477/sqft |
Source: MLSListings Inc #ML81931687 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Northeast Hillsdale
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Nearby schools
GreatSchools rating
- 3/10Laurel Elementary SchoolGrades: K-5Distance: 0.5 mi
- 4/10Abbott Middle SchoolGrades: 6-8Distance: 0.7 mi
- 9/10Hillsdale High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- District: SanMateoFosterCityElementary
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
$2,058,000
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
$2,058,000
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