180 Irene Court

Belmont, CA 94002

$6,500,000
Last Sold Price
Beds
18,096 Sq. Ft.
$359 / Sq. Ft.
18,096
Sq. Ft.
$359
per Sq. Ft.

Description

180 Irene Ct is a stunning 16-unit apartment community located in the thriving city of Belmont, California. Situated on a 16,596 square foot parcel of land, the subject property was originally constructed in 1960 and has a gross building area of approximately 18,096 square feet, offering its tenants beautifully designed studio, one-bedroom, and two-bedroom floorplans. The subject property has recently undergone capital improvements which include new dual pane windows, updated kitchens, stainless...180 Irene Ct is a stunning 16-unit apartment community located in the thriving city of Belmont, California. Situated on a 16,596 square foot parcel of land, the subject property was originally constructed in 1960 and has a gross building area of approximately 18,096 square feet, offering its tenants beautifully designed studio, one-bedroom, and two-bedroom floorplans. The subject property has recently undergone capital improvements which include new dual pane windows, updated kitchens, stainless steel appliances, updated bathrooms, and vinyl plank flooring. Belmont is strategically located between San Francisco and San Jose in San Mateo County. The city is well situated and offers an ideal climate in a robust and successful community and region. The Subject property offers close proximity to many of the nation's top tech employers such as Oracle, Electronic Arts Inc. (EA), Facebook, Google, Cisco Systems, Visa, Sony, Box Inc., as well as many others.
  1. Listed by Robert Johnston • DRE #01853816 • Brokerage DRE #01240999 • Marcus & Millichap • 650-391-1744
  2. Listed by Adam S. Levin • DRE #01462752 • Brokerage DRE #01240999 • Marcus & Millichap

Property Details for 180 Irene Court

MLS City Name
BELMONT
Building Type
Other
Garage Spaces
18
Parking Spaces
0

Location

Listing Courtesy of Marcus & Millichap, Robert Johnston, DRE #01853816; Marcus & Millichap, Adam S. Levin, DRE #01462752

Sold By Century 21 R. E. Alliance, Orhan Tolu, DRE #00831544

Add your commute
LISTING UPDATED: 11/21/2023 07:51 PM

Property Details for 180 Irene Court

StatusSold
MLS #ML81879345
Days on Compass146
Taxes$92,287 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1960
Lot Size0.38 AC / 16,596 SF
CountySan Mateo County

Location

Listing Courtesy of Marcus & Millichap, Robert Johnston, DRE #01853816; Marcus & Millichap, Adam S. Levin, DRE #01462752

Sold By Century 21 R. E. Alliance, Orhan Tolu, DRE #00831544

Add your commute

Building Information for 180 Irene Court

Stories-Residences-Year Built1960Building Size-Lot Size0.38 AC / 16,596 SF

Payment Calculator

$43,164 per month

30 year fixed, 7.25% Interest

Principal and Interest

$35,473

Property Taxes

$7,691

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 180 Irene Court

Features
Room Information
  • Kitchen: Cooktop - Electric, Countertop - Granite, Countertop - Other, Hood Over Range, Oven - Gas
Features
  • Amenities: High Ceiling, Vaulted Ceiling
  • Fireplace: No
  • Laundry: Coin Operated
  • Living SqFt: 18096
  • Pool: Yes
  • Pool Type: Pool - Fenced, Pool - In Ground
  • Security Features: Controlled / Secured Access
  • Special Features: Parking
Utilities
  • Cooling: None
  • Heating: Gas
  • Meters: Master Electric, Master Water, Separate Gas
  • Sewer Septic: Sewer Connected
  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Assigned Spaces, Enclosed, Underground Parking
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 16
  • Area Text: Belmont Country Club Etc.
  • Restrictions: None
  • Roof: Tar and Gravel
  • Stories: 0.0
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 180
  • Street Name: Irene
  • Street Suffix: Court
  • Area ID: 362
Lot / Property Details
Building Information
  • Number of Buildings: 1
  • Structure SqFt: 18096
  • Structure SqFt Source: Assessor
  • Age: 62
Development Information
  • Ownership Type: Individual
  • Zoning Detail: R40000
Location Information
  • Parcel Number: 044-101-040
  • 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
  • High School Text: Carlmont High
Lot Information
  • Foundation: Concrete Slab
  • Lot Acres: .38
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
  • Yard Grounds: Balcony / Patio, BBQ Area, Fenced
Multi Family Information
Building Information
  • No Of Leased: 16
General Information
  • Annual Tax Amount: $92,287
  • Capitalization Rate: 3.38
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Laundry, Rents
  • Vacancy Factor: 3
Income / Expense Details
  • Expense Insurance: $7,567
  • Expense Landscape: $1,800
  • Expense Maintenance: $5,600
  • Expense Management: $31,355
  • Expense Trash: $9,272
  • Expenses Other: $2,870
  • Expenses Utility: $14,154
  • Expenses Total: $164,905
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Insurance, Maintenance - Pool/Spa, Maintenance - Repair, Salary Employee(s), Services - Gardener, Services - On-Site Manager, Utilities - Electric, Utilities - Gas, Utilities - Water, Vacancy Factor
  • Gross Rent Multiplier: 16.66
  • Income Annual Gross: $392,897
  • Income Annual Rental: $401,208
  • Income Gross Scheduled: $405,048
  • Income Other: $3,840
Unit 1 Information
  • Unit 1 Rent: $0
  • Unit 1 Type: Studio
Unit 2 Information
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 1
  • Unit 2 Rent: $0
  • Unit 2 Type: Apartment
Unit 3 Information
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 2
  • Unit 3 Rent: $0
  • Unit 3 Type: Apartment
Unit 4 Information
  • Unit 4 Rent: $0
Listing Info
Rental Info
  • Lease Type: Net

Property History for 180 Irene Court

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 180 Irene Court

Taxable ValueLand$3,600,000Additions$2,900,000Total$6,500,000
Tax Record2023$91,496 ($7,625 / month)
Home Facts
Baths2Total Finished SqFt18,096 SqFtAbove Grade Finished SqFt18,096 SqFtStories2Lot Size16,596 SqFtStyleMulti-Family Res (5+ Units)Year Built1960ZoningR40000CountySAN MATEOAPN044-101-040

Schools near 180 Irene Court

This home is within Belmont-Redwood Shores Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Central Elementary School
PublicK to 5

Ralston Intermediate School
Public6 to 8

Carlmont High School
Public9 to 12

Nesbit Elementary School
PublicK to 8

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.

Similar Homes

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Similar Sold Homes

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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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap, Robert Johnston, DRE #01853816; Marcus & Millichap, Adam S. Levin, DRE #01462752

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.