256 Villa Terrace

San Mateo, CA 94401

$2,815,000
Last Sold Price
Beds
5,634 Sq. Ft.
$500 / Sq. Ft.
5,634
Sq. Ft.
$500
per Sq. Ft.

Description

This exceptional 5-unit apartment building is located on a corner lot ideally situated between downtown San Mateo and downtown Burlingame. This desirable location offers many benefits, including walking distance to shopping and restaurants, access to public transportation, and easy access to major freeways. The building is ideal for an investor or owner live-in. Originally constructed as a 6-unit building and later merged 2 units to create an owners unit. 5 Unit mix: one- 3 bedrooms/2bathroom and...This exceptional 5-unit apartment building is located on a corner lot ideally situated between downtown San Mateo and downtown Burlingame. This desirable location offers many benefits, including walking distance to shopping and restaurants, access to public transportation, and easy access to major freeways. The building is ideal for an investor or owner live-in. Originally constructed as a 6-unit building and later merged 2 units to create an owners unit. 5 Unit mix: one- 3 bedrooms/2bathroom and four 1 bedrooms+ den/1 bathroom. All units are oversized, with washers and dryers in all units, and 6 garages.
  1. Listed by Vic Aenlle,CCIM • DRE #01122395 • Brokerage DRE #01908304 • Coldwell Banker Realty • 650-222-8189

Property Details for 256 Villa Terrace

MLS City Name
SAN MATEO
Building Type
Other
Style
Spanish
Garage Spaces
6
Parking Spaces
0
View
City
Cross Street
San Mateo Drive

Location

Listing Courtesy of Coldwell Banker Realty, Vic Aenlle,CCIM, DRE #01122395

Sold By Out of Area Office, RECIP, DRE #01171787

Add your commute
LISTING UPDATED: 09/01/2022 02:37 PM

Property Details for 256 Villa Terrace

StatusSold
MLS #ML81896119
Days on Compass62
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1926
Lot Size0.15 AC / 6,500 SF
CountySan Mateo County

Location

Listing Courtesy of Coldwell Banker Realty, Vic Aenlle,CCIM, DRE #01122395

Sold By Out of Area Office, RECIP, DRE #01171787

Add your commute

Building Information for 256 Villa Terrace

Stories-Residences-Year Built1926Building Size-Lot Size0.15 AC / 6,500 SF

Payment Calculator

$18,343 per month

30 year fixed, 7.25% Interest

Principal and Interest

$15,363

Property Taxes

$2,980

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 256 Villa Terrace

Features
Room Information
  • Kitchen: Exhaust Fan
Features
  • Amenities: Other
  • Communications: Other
  • Fireplace: No
  • Flooring: Carpet
  • Living SqFt: 5634
  • Pool: No
  • Security Features: Other
  • Special Features: Other
Utilities
  • Cooling: None
  • Heating: Electric
  • Meters: Master Water, Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Detached Garage
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 5
  • Area Text: Eastern Addition/Downtown Area
  • Restrictions: Other
  • Roof: Tar and Gravel
  • Stories: 0.0
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 256
  • Street Name: Villa
  • Street Suffix: Terrace
  • Area ID: 417
Lot / Property Details
Building Information
  • Number of Buildings: 1
  • Structure SqFt: 5634
  • Structure SqFt Source: Assessor
  • Age: 96
Development Information
  • Construction Type: Wood Frame
  • Ownership Type: Trust
  • Zoning Detail: Multi
Location Information
  • City Limits: Yes
  • Incorporated: Yes
  • Parcel Number: 032-152-110
  • County Name: San Mateo
  • City Name: SAN MATEO
  • City Postal ID: 62
  • Postal Code: 94401
  • Elementary School District: 938
  • High School District Text: San Mateo Union High
Lot Information
  • Foundation: Concrete Perimeter
  • Lot Acres: .15
  • Lot Description: Grade - Level
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Mobile / Manufactured Information
Other Information
  • Dual Variable: No
Multi Family Information
General Information
  • Annual Tax Amount: $0
  • Capitalization Rate: .00
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Utilities - Hot Water
  • Income Includes: Other
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $0
  • Expense Landscape: $0
  • Expense Maintenance: $0
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $0
  • Expenses Total: $0
  • Operating Expenses Include: Maintenance, Services - Trash Removal, Utilities - Water
  • Gross Rent Multiplier: 43.51
  • Income Annual Gross: $0
  • Income Annual Rental: $0
  • Income Gross Scheduled: $0
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 2
  • Unit 1 Number of Bedrooms: 3
  • Unit 1 Rent: $3,500
Unit 2 Information
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 1
  • Unit 2 Rent: $0
Unit 3 Information
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 1
  • Unit 3 Rent: $0
Unit 4 Information
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Number of Bedrooms: 1
  • Unit 4 Rent: $0
Unit 5 Information
  • Unit5 Full Baths: 1
Unit Type 1
  • Unit Type1 Units Total: 1
Unit Type 2
  • Unit Type2 Units Total: 1
Unit Type 3
  • Unit Type3 Units Total: 1
Unit Type 4
  • Unit Type4 Units Total: 1
Unit Type 5
  • Unit Type5 Units Total: 1
Listing Info
Rental Info
  • Lease Type: Net

Property History for 256 Villa Terrace

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 256 Villa Terrace

Taxable ValueLand$1,477,798Additions$1,122,202Total$2,600,000
Tax Record2023$35,755 ($2,980 / month)
Home Facts
Baths6Total Finished SqFt5,634 SqFtAbove Grade Finished SqFt5,634 SqFtStories3Lot Size6,500 SqFtStyleMulti-Family Res (5+ Units)Year Built1926CountySAN MATEOAPN032-152-110

Schools near 256 Villa Terrace

This home is within San Mateo Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
San Mateo Park Elementary School
PublicK to 5

Borel Middle School
Public6 to 8

San Mateo High School
Public9 to 12

Peninsula High
Public9 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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Listing Courtesy of Coldwell Banker Realty, Vic Aenlle,CCIM, DRE #01122395

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.