2302 Carlmont Drive, Belmont, CA 94002

$6,750,000

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Sold Price
$6,750,000
List Price
$7,495,000
Closing Date
Oct 06, 2025
Status
CLOSED
MLS#
ML82014995
Year Built
1961
Lot Size
27,972
Acres
0.64
Days on Market
19
Property Type
Commercial

Property Description

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.

Additional Information

Taxes
$83,552
Heat
Forced Air
Cooling
Yes
Roof
Bitumen, Shingle
Water
Public
School District
Other
Middle School
Other
High School
Carlmont
Attached Structure
Detached
Gross Scheduled Income
$559,707

Listing courtesy of Listing Agent: Mark Campana (mark@anchorealtyinc.com) from Listing Office: Anchor Realty.

Listing sold by Mark Campana from Anchor Realty

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.