620 Masonic Way

Belmont, CA 94002

$3,775,000
Price
—
Beds
—
Baths
9,233 Sq. Ft.
$409 / Sq. Ft.
9,233
Sq. Ft.
$409
per Sq. Ft.
Contingent
Contingent
a view of a kitchen with appliances and cabinets
a balcony view with an outdoor seating space
an empty room with large windows and garden view
a bathroom with a sink toilet and vanity
a kitchen with stainless steel appliances granite countertop a sink stove and cabinets
a view of empty room
an empty room with windows and cabinet

Description

620 Masonic Way (the Property) is a two-story multifamily asset built in 1963 situated on a 0.23 acre lot and comprised of ten (10) spacious units. The Property boasts 9,233 square feet and features ten (10) one-bedroom/ one-bathroom floorplans. Additionally, six (6) units offer residents their own private patios and balconies. This Property offers investors the rare opportunity to purchase an investment property in one of the most sought after locations in all of Belmont. Perfectly situated roughly...620 Masonic Way (the Property) is a two-story multifamily asset built in 1963 situated on a 0.23 acre lot and comprised of ten (10) spacious units. The Property boasts 9,233 square feet and features ten (10) one-bedroom/ one-bathroom floorplans. Additionally, six (6) units offer residents their own private patios and balconies. This Property offers investors the rare opportunity to purchase an investment property in one of the most sought after locations in all of Belmont. Perfectly situated roughly two minutes from Belmonts Caltrain station, near Interstate 280, Highway 101, Highway 92 and Highway 82, this asset is just moments away from Tech Hubs such as Facebook, Oracle, Electronic Arts, Kaiser, Sales Force, Visa, and Stanford Medical. In addition, the property is less than a half-mile away from Downtown Belmont, featuring luxury shopping, entertainment, and high end dining options.

Property Details for 620 Masonic Way

MLS City Name
BELMONT
Building Type
Other
Garage Spaces
0
Parking Spaces
0
LISTING UPDATED: 11/17/2025 04:53 PM

Property Details for 620 Masonic Way

StatusContingent
MLS #ML82023299
Days on Compass76
Taxes$45,455 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family 5+
MLS Type5+ Units / Five or More Units
Year Built1963
Lot Size0.23 AC / 10,164 SF
CountySan Mateo County

Location

Listing Courtesy of Jefrey Henderson, Broker, Jefrey Henderson, DRE #01483399
Add your commute

Building Information for 620 Masonic Way

Stories-Residences-Year Built1963Building Size-Lot Size0.23 AC / 10,164 SF

Payment Calculator

$22,442 per month

30 year fixed, 6.28% Interest

Principal and Interest

$18,654

Property Taxes

$3,788

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 620 Masonic Way

Features
Features
  • Fireplace: No
  • Living SqFt: 9233
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Electric
  • Meters: Separate Electric, Separate Gas
  • Sewer Septic: Other
  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Water: Other
Carport and Parking
  • Carport Min: 10
Garage
  • Garage and Parking: Assigned Spaces
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 10
  • Area Text: Homeview / Sterling Downs
  • Restrictions: None
  • Roof: Shingle
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 620
  • Street Name: Masonic
  • Street Suffix: Way
  • Area ID: 364
Lot / Property Details
Building Information
  • Number of Buildings: 1
  • Structure SqFt: 9233
  • Structure SqFt Source: Assessor
  • Age: 62
Development Information
  • Zoning Detail: Village Station Core
Location Information
  • Parcel Number: 040-312-160
  • County Name: San Mateo
  • City Name: BELMONT
  • City Postal ID: 4
  • Postal Code: 94002
  • Elementary School District: 921
  • High School District Text: Sequoia Union High
Lot Information
  • Foundation: Crawl Space
  • Lot Acres: .23
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 9
General Information
  • Annual Tax Amount: $45,455
  • Capitalization Rate: 3.94
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Laundry, Rents
  • Vacancy Factor: 4
Income / Expense Details
  • Expense Insurance: $10,000
  • Expense Landscape: $0
  • Expense Maintenance: $18,273
  • Expense Management: $15,171
  • Expense Trash: $0
  • Expenses Other: $93
  • Expenses Utility: $17,069
  • Expenses Total: $106,061
  • Operating Expenses Include: Insurance, Maintenance, Utilities, Other
  • Gross Rent Multiplier: 14.23
  • Income Annual Gross: $253,760
  • Income Annual Rental: $264,333
  • Income Gross Scheduled: $265,263
  • Income Other: $930
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 1
  • Unit 1 Rent: $2,100
Unit Type 1
  • Unit Type1 Approx SqFt: 690

Property History for 620 Masonic Way

DateEvent & SourcePriceAppreciation
Nov 17, 2025

Pending

EBRD #ML82023299

—
Nov 17, 2025

Contingent - Show

MLSListings #ML82023299

—
Sep 30, 2025

Listed (Active)

EBRD #ML82023299

$3,775,000—
Sep 30, 2025

Listed (Active)

MLSListings #ML82023299

$3,775,000—
DateEvent & SourcePrice
11/17/2025

Pending

EBRD #ML82023299

—
11/17/2025

Contingent - Show

MLSListings #ML82023299

—
09/30/2025

Listed (Active)

EBRD #ML82023299

$3,775,000
09/30/2025

Listed (Active)

MLSListings #ML82023299

$3,775,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 620 Masonic Way

Taxable ValueLand$2,706,080Additions$1,538,751Total$4,244,831
Tax Record2024$65,293 ($5,441 / month)
Home Facts
Baths1Total Finished SqFt9,233 SqFtAbove Grade Finished SqFt9,233 SqFtStories2Lot Size10,164 SqFtStyleMulti-Family Res (5+ Units)Year Built1963CountySAN MATEOAPN040-312-160

Schools near 620 Masonic Way

This home is within Belmont-Redwood Shores Elementary School District.
Rating
School
Type
Grades
Distance
Fox Elementary School
Public - K to 5
Ralston Intermediate School
Public - 6 to 8
Carlmont High School
Public - 9 to 12
KIPP Esperanza High
Charter - 9 to 12
Rating
School
Distance
Fox Elementary School
PublicK to 5

Ralston Intermediate School
Public6 to 8

Carlmont High School
Public9 to 12

KIPP Esperanza High
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Jefrey Henderson, Broker, Jefrey Henderson, DRE #01483399

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.